Speculations of a Speculator: Opened USLV

Sunday, January 18, 2015

Opened USLV

I've been waiting for the Silver Breakout for several months now. I think we've got it and I'm aboard with USLV.

Entry: 25.88

2 comments:

gallonJanuary 18, 2015 at 8:47 PM
Agree that metal looks bullish. What is your take on these kinds of 3x leverage funds? I am long in some miners now.
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Scot1andJanuary 19, 2015 at 6:16 PM
The leveraged funds can work well but you have to adjust your positions to match the risk.
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Rules

I Shall Not:

1. Risk more than 2% of portfolio on any trade

2. Risk have more than 6% of portfolio at any one times.

I shall:

3. recognize that every market moment is unique and trade accordingly

4. Take profits when the market gives them

5. Keep a Dairy of all positions

6. Continue to refine rules.

* represents change in rule theory.

Disclaimer:

This blog is for me. I'm not giving investment advice. I don't care what you do. If you take a position because I do and you have not formed your own thesis you are an idiot and you deserve to lose your money.

Speculations of a Speculator

Education of a Speculator

Sunday, January 18, 2015

Opened USLV

2 comments:

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