LogFAQs > #941301151

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Topic	Stocks set to plunge at the open on virus second wave concern, Dow down 800
Tyranthraxus 06/26/20 4:24:37 PM #219:	berlyman101 posted... Has anyone looked into other daily leveraged indices? I made and then lost a lot of money on bull indices. It seems like they'll eventually go back up towards their mean but they suffer from a concept called "decay" which I guess means they may never return to that level. I feel stupid but but also they've multiplied back up when the market recovered, but it also seems that they can only go so high again after a huge drop in the market. For example JNUG, DPST, NAIL. Tried several and lost money on all of them. Seems like unless you're constantly day trading it's best to just stay away. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:941301151] in Stocks set... [t:78762481]...</cite> <quote>berlyman101 posted... </cite> <quote>Has anyone looked into other daily leveraged indices? I made and then lost a lot of money on bull indices. It seems like they'll eventually go back up towards their mean but they suffer from a concept called "decay" which I guess means they may never return to that level. I feel stupid but but also they've multiplied back up when the market recovered, but it also seems that they can only go so high again after a huge drop in the market. For example JNUG, DPST, NAIL.</quote> Tried several and lost money on all of them. Seems like unless you're constantly day trading it's best to just stay away. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv</quote> ... Copied to Clipboard!
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