OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

You are wise…that’s the best way…I am not a scalper or day trader…my goal is to catch a “run” in a leveraged etf like jnug

Posted by Richard640 @ 12:50 on May 1, 2020  

JNUG went from abot $6 to $90 last year and that was with no reverse splits….from $90 it went to $3 then to about 7.50 when it has a 10 for one split…in trying to catch a move with JNUG I am often forced to day trade or hold for 2 or 3 days

I have never personally met anyone who was a successful day trader–I also take longish term trades via options like I did in the spring of 2019….those were position trades with 2 and 3 month options.  I bought a 1000 one buck NGD options for $5000–and netted $55K…short term gsin, yes, but a good return on my investment…

and, yes, I know seasonals are not the end all and be all in decision making when trading gold

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.