Quote from failed_trad3r:
100x multiplier. 10.000 investment would be 1 million $
Quote from ForexForex:
I would consider this drop a black swan event, amazing how much AGQ dropped - $360 to $180 in one week. Those $0.25 May puts are now at $37.00.
Black Swan Event:
"An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to predict. Black swan events are typically random and unexpected. In addition, people look back on the event and contend that they were not surprised that it took place. "
Quote from mikeenday:
I want to get my ass tattooed with AGQ, and constantly reminding myself to sit on the ASS tight!
after so many years, learned how to read the direction, but just can't sit properly.
as Livermore said before, big money is from sitting, and once that mastered, millions come easier than hundreds did in the days of ignorance.
I'm such a fool.