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Bullboard - Stock Discussion Forum Direxion Daily Junior Gold Miners Idx Bull 2X Shs JNUG

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements... see more

ARCA:JNUG - Post Discussion

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Post by Contra_Man on Oct 06, 2016 11:05am

Central Pricers

Added as now filled fifteen (15) JNUG-N @ $9.67 to hold 15/15 starting inventory allocation.
Comment by gordo32 on Oct 08, 2016 12:12pm
Contra_Man If you don't mind please explain. thanks Gordo
Comment by Contra_Man on Oct 26, 2016 4:24pm
Excellent question Highlandmist. Positions are logarithmic trading units we use to pattern either a SELL or BUY of falling knifes typically. Each unit is defined as a exactly one board lot or 100 shares. Small investors could use 1/10th positions and large institutions x00's or x000's if the float allows. Each additional SELL or BUY is then simply one additional board lot, or 100 shares ...more  
Comment by Contra_Man on Nov 07, 2016 3:04pm
Added as now filled ten (10) JNUG-N @ $11.40 to now hold o/w 25/15 inventory allocation.
Comment by Contra_Man on Nov 10, 2016 11:40am
Added as now filled five (5) JNUG-N @ $10.25 to hold max. o/w 30/15 inventory allocation.
Comment by naaktslak on Nov 10, 2016 12:48pm
Also bought a couple of JNUG. until when are you planning to hold these? or just a couple of days?
Comment by Contra_Man on Nov 10, 2016 1:12pm
Answer: Each unit has -11.52% trailing stop loss on close being applied at each purchase over the time period stated.  RE:RE:Central Pricers Excellent question Highlandmist. Positions are logarithmic trading units we use to pattern either a SELL or BUY of falling knifes typically. Each unit is defined as a exactly one board lot or 100 shares. Small investors could use 1/10th positions ...more  
Comment by Contra_Man on Nov 10, 2016 3:43pm
 Re-setted as added & now filled ten (10) JNUG-N @ $9.09 to hold max. o/w 30/15 inventory allocation.
Comment by Contra_Man on Nov 11, 2016 10:33am
Rolled and re-set JNUG-N @ $7.51 to still hold thirty (30) max. o/w inventory allocation.
Comment by Contra_Man on Nov 11, 2016 1:36pm
Thirty (30) JNUG-N now filled @ $6.94.
Comment by Contra_Man on Dec 22, 2016 1:47pm
Re-set stops triggered @ $6.14  today now filled fifteen (15) @ $4.10 to now hold 15/15 inventory allocation. 
Comment by Contra_Man on Jan 06, 2017 1:38pm
Exited JNUG-N @ $7.98 to hold NIL.
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