long the SPOOZ via RYDEX

curious why you did not go long RYTNX a few days ago?

( note ... I am not long the rydex at this time )

ps have you ever traded or taken longer term positions in other RYDEX funds ?
 
New account and new strategy. My account just have cleared otherwise I would have....
No, I have never played with Rydex, that's why I only use Scottrade's $2500 trades versus RYDEX own $25,000 limit.

Quote from SethArb:

curious why you did not go long Rydex a few days ago?

( note ... I am not long the rydex at this time )

ps have you ever traded or taken longer term positions in other RYDEX funds ?
 
All Rydex does is take you position and offset it in the futures market and then charge you a management fee for their troubles. If you want a super leveraged position in the S&P then the mini futures is the way to go.
 
I am trading a roth ira and I rydex is better suited for that. I know I could trade index futures but I just do not have the stomach and the need for that much leverage.
Quote from zf trader:

All Rydex does is take you position and offset it in the futures market and then charge you a management fee for their troubles. If you want a super leveraged position in the S&P then the mini futures is the way to go.
 
so how much is 200% inverse the market in futures???

much easier with Rydex funds

only thing is you can only trade eod
 
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