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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

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  • MAXIMAS82 : how does this work if i bought at 46 and sell at 50

  • 10baggerbamm MAXIMAS82: you make four points that's how it works. so that you understand it's a 300% leveraged off of the portfolio you can look up online and see the stocks that comprise the portfolio it also has options that provide the volatility built into it. if you've never done it I was suggest you paper trade it first and then you put up against it the top holdings which is NVIDIA super micro AMD and you can go down the list marvel the top 10. you also need to put in Bollinger bands so that you see upper resistance the middle support line and the lower support line. when it's moving up it's like ringing the cash register because it outpaces the equities by 300% but understand when the market sells off you're going to get kicked in the nuts hard it hurts so you've got to be understanding that when the trade goes against you if it's a trade you either better plan on buying more in the future to have your cost basis down or take your loss and stop out because this has huge up and down swings

  • MAXIMAS82 10baggerbamm: ok so if im up 2 bucks its time to sell

  • 10baggerbamm MAXIMAS82: that's not for me to decide that's your decision it's your time horizon it's your own risk tolerance.

行就行 ,何須徇書受貧病
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