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Thread: userque's Account talk

  1. #541

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    Default Re: userque's Account talk

    Quote Originally Posted by GUCHI View Post
    I have had nugt and dust on my radar just watching and learning and noticed big swings on both. Is there a time limit to cash out? Seems like if you hold long enough you can make some good money. I know it's not that easy. Just a rookie asking questions. Dust is a lot cheaper but has as big a percentage gain per day as nugt. I would think dust would be the better play with less invested. Thanks folks
    Hey Guchi,

    NUGT is a 3x ETF. DUST in an inverse 3x ETF. They both track GDX and generally, in the shorter term, move 3 times the percentage of GDX.

    If GDX is up 3%, NUGT will be up 9%, and DUST will be down 9%, approx. The absolute price values 'don't' matter as much. It's about the percentages. Actually, NUGT/DUST just split today.

    See also: The Top Gold Mining ETFs (GDX, NUGT) | Investopedia

    I can't say when to 'cash out.' I leave the trading decisions to my algo:

    https://collective2.com/details/100166454
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  3. #542

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    Default Re: userque's Account talk

    Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?

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  5. #543

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    Default Re: userque's Account talk

    Quote Originally Posted by GUCHI View Post
    Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?
    No, reverse split

    Sent from my Z959 using Tapatalk
    Rules:
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  7. #544

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    Default Re: userque's Account talk

    Quote Originally Posted by GUCHI View Post
    Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?
    Anytime GUCHI. No, that's not correct. Whoever is providing you that quote, hasn't yet updated for the stock split. DUST is actually down about 6% right now. Maybe try 'refreshing' your quote provider?
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  9. #545

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    Default Re: userque's Account talk

    Chat with Traders

    (Recorded interviews with top traders.)

    https://soundcloud.com/chat-with-traders
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  11. #546

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    Default Re: userque's Account talk

    CARTOON:
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  13. #547

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    Default Re: userque's Account talk

    VIDEO Trader Goes Nuts Office Stress:
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  15. #548

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    Default Re: userque's Account talk

    Machina Challenge
    https://machi.na/

    "A worldwide competition, with cash awards, to use machine learning and other statistical methods to identify broad market trends ..."

    FYI: I'm not involved with this...my plate is full enough.
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  17. #549

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    Default Re: userque's Account talk

    The Dunning-Kruger Effect: Are the Stupid Too Stupid to Realize They’re Stupid?
    The Dunning-Kruger Effect: Are the Stupid Too Stupid to Realize They

    "Has it ever seemed to you that less competent people rate their competence higher than it actually is, while more competent people humbly rate theirs lower?

    It’s not just your imagination. This is a genuine cognitive bias called the Dunning-Kruger Effect. ..."
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]


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  19. #550

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    Default Re: userque's Account talk

    https://www.tradovate.com/
    Commission-Free Futures Trading
    Trade unlimited contracts for a flat price.
    Cloud-based trading platform included.
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  21. #551

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    Default Re: userque's Account talk

    VIDEO: I Just Sued The School System!!!
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  23. #552

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    Default Re: userque's Account talk

    http://www.cnbc.com/2016/10/04/yahoo...e-reuters.html
    "Yahoo last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by U.S. intelligence officials, according to people familiar with the matter."
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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