von
Do 3X and 2X ETF's work with this strategy given their high daily volatility ?
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AbovetheGreenLine
Yes, but the Leveraged Funds can have a high decay in value (especially the 3X).

Use the 1X Fund for timing, and when you get a Signal, trade the Leveraged Fund (if you insist).


Good trading, and tell your friends!
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von
That makes a lot of sense, thanks for tip !
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FookYew
AbovetheGreenLine wrote:
Yes, but the Leveraged Funds can have a high decay in value (especially the 3X).

Use the 1X Fund for timing, and when you get a Signal, trade the Leveraged Fund (if you insist).




Ive been doing this for DUST and/or NUGT but, i also factor in what the dollar is doing against other currencies. (GBP.USD, EUR.USD)

i also like to watch the candidate VERY closely and wait for a buy on the bottom bollinger band dip.

be careful with the 3x's because they move soooo fast and can completely change direction any time in the day.
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