Post by
relativenewby1 on Nov 09, 2015 2:40pm
Loving the volatility on this thing lately
Not really understanding all the hate for this ETF as have been doing really well the past few weeks as finding it the perfect gambling tool. I've had 5 separate 10% + days since the middle of October and after today got a double of my initial $20K bet a month ago.
Can see where if you're not paying attention to the entry and exit points can lose huge but buying around the 52 week lows and waiting a couple days seems to be working just fine for me.
This is a total mad money play with a day or two hold tops now that I seem to have the timing figured out.
Anyone else doing ok out there?
Comment by
fsu99 on Nov 11, 2015 12:09am
ive been trading hvu since 2012 and i can say that up until this past year its been very hard to make gains with it. took some big losses between 2012-2014, but with that said i have made all money back and am ahead on it on it since last october. its obviously all timing and like i said before certain months are better to attempt to trade it than others.
Comment by
MayorRobFord on Nov 11, 2015 12:19pm
Was able to make a bit of profit back in the day, but thought the risk/reward wasn't worth it. I don't have the balls to hold during the S&P dips which are the only times you can make bigger money in this crud.
Comment by
fsu99 on Nov 12, 2015 10:23am
if s&p breaks 2055-2058 convincingly that should be enough to get hvu to break out of the range its been in for past 10 days.......