Black Every Day?

Maverick74 said:
Can you please post your trade fills for all of us to see? Maybe when on your lunch break from our IT job at Office Depot.
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No trades yet but looking at TNA for a small trade....its been trading between 98-105 for weeks.....
 
Big earning this week

AAPL on Tues
Fb on Wed and
Amazon on Thursday


According to the street each of these 3 should pass this last quarter with flying colors....we all know Amazon had record Xmas sales....we all know Apple sold a bunch of phones for the holiday quarter and had record breaking app sales....and for fb well we all know all that fake news got them plenty of eyes on their advertising ads. So all 3 should have no problem beating those low balled estimates that analysts love to predict.....
 
Maverick74 said:
Why do you trade this 3X garbage? Are you capitalized enough for futures?
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I'm capitilaized enough for futures but don't trade them...only equities. Figure how can I lose with TNA when the markets only go in one direction..... Up
I bought TNA back in August 2015 around 90. Watched it dip to $35 still held on and sold it a couple of .months ago after it rallied all the way back up....also bought SOXL and held through the feb 2016 dip...today its 65+ a share....seems even if you buy these bull 3x etfs and hold long enough its like guaranteed money....as long as the markets rally which from now until 2020 everyone thinks the markets will rally huge on Trump's pro business agenda. So how can you lose buying bull 3x etfs .....

:)
 
S2007S said:
I'm capitilaized enough for futures but don't trade them...only equities. Figure how can I lose with TNA when the markets only go in one direction..... Up
I bought TNA back in August 2015 around 90. Watched it dip to $35 still held on and sold it a couple of .months ago after it rallied all the way back up....also bought SOXL and held through the feb 2016 dip...today its 65+ a share....seems even if you buy these bull 3x etfs and hold long enough its like guaranteed money....as long as the markets rally which from now until 2020 everyone thinks the markets will rally huge on Trump's pro business agenda. So how can you lose buying bull 3x etfs .....

:)
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Those 3X ETF's lose exponentially to the sq root of time vs the futures. The longer you hold them, the more they underperform futures. Do you not understand that. A simple excel spreadsheet would benefit you greatly.
 
Maverick74 said:
Those 3X ETF's lose exponentially to the sq root of time vs the futures. The longer you hold them, the more they underperform futures. Do you not understand that. A simple excel spreadsheet would benefit you greatly.
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So basically shorting

TNA, SOXL, UDOW TQQQ would be guaranteed free money over time?
 
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