Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?
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]
Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?
Rules:
- Trade what you see, not what you believe
- Don't put stuff in your signature that a Mod doesn't like
"Government exists to protect all people’s rights, not some people’s feelings." - A. Barton Hinkle
Great Tools:
http://www.CreditKarma.com
http://www.Mint.com
http://www.SaveUp.com/r/nmJ
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
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]
CARTOON:
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
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]
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]
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]
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]
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]
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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