That’s the beauty of this trading strategy, all you have to do is focus on the one trade you’re in. There are inherent risks involved with investing in the stock market, including the loss of your investment. The goal is to get in on Monday and lock in double-digit (or better) returns before Friday. I’ve found success by picking my spots and putting my money in my single best trade idea for the week. sometimes, all you need is just one trade idea a week. Banks have been caught manipulating markets in the past. The thing is… no stocks were safe amidst the bloodbath. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Direxion Daily Junior Gold Miners Index Bull 2X … Today, I want to walk you through my latest Fast 5 Trades winner in JNUG, and prove to you that sometimes, all you need is just one trade idea a week. It's like having 10x the Gold price at any given day. There were just 4 days left until the expiration date, and that specific trade was perfect for Fast 5 Trades. Once I found the play and had a thesis… I let Fast 5 clients know about my moves. I've never seen a stock drop by 30% and I'm wondering why. JNUG got destroyed and lost more than 90% of its value in just a few weeks. Lots of people probably had a stop loss at $1300. Making money trading stocks takes time, dedication, and hard work. JNUG got a nice pop… and in under an hour, those calls EXPLODED! In other words, it’s a risky play. I'm so confused??? It all kicked in and went down from there. Thousands of traders follow him every day to learn how to target these high probability trades. Straight outta college Kyle Dennis taught himself to trade, and then made over $7 million in trading profits by the time he was 28 years old. In other words, it’s a risky play. Let Fast 5 Trades be your edge in the market, and sign up here. Instead of randomly jumping into stocks just because they’re moving…. The chart doesn't even show that it ever went under $16? 3 ways to prepare for the next market move.
That way, I maximize my upside potential, while reducing my downside risk (it’s known right off the bat, and the most I could lose was the premium paid). There were just 4 days left until the expiration date, and that specific trade was perfect for. The ETN aims to track 300% of the performance of the MVIS Global Junior Gold Miners Index, which provides exposure to micro- and small-cap gold and silver mining companies. I'm going to hold my position, I expect it to recover by December(important FED meeting). One of the reasons for this drop is that the Chinese markets are closed all week. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. I let Fast 5 clients know about my moves. I purchased the calls. Higher rates are unlikely because of the national debt. Search function you dingus~ Or you know, just scroll down a tad since all those questions are still there! Official r/Robinhood Discord Server: https://discord.gg/Robinhood (It's where the people who aren't garbage are most of the time). I purchased 50 JNUG March 20 $6 calls for $1.44. With the market down about 10%, I knew I had to be locked and loaded to find. Lower gold helps the Federal Reserve maintain the narrative that rates will rise. Gold went down a lot (GLD -3.47%). Am I misunderstanding this? Of course I had to buy JNUG for the first time the day before it drops 30% :(. Now, the one thing to note about JNUG is the fact it’s a 3X leveraged ETN. Why? 0 comments. there are ways to make money in this environment. The debt would eat too much of tax revenue at normal rates. Rather than buying JNUG outright, I wanted to properly risk manage the trade. Before the drop, I expected a correction in gold/silver; currently my position is down ~35%. Let Fast 5 Trades be your edge in the market, and.
You see, this makes gold stocks more attractive because other safe havens (bonds) won’t yield as much. Edit: Can someone also explain what I should be looking at when trading gold miner stocks? Trash. I wouldn't doubt that they used the closing of the Chinese markets to push down gold, to trigger stop-losses. You got me to log into reddit for the first time in years,lol. Reverse split so people can lose even more money. Past performance in the market is not indicative of future results.
As I scoured through hundreds of stocks, exchange-traded funds (ETFs), and exchange-traded notes (ETNs), I found one trade idea that made the most sense: Direxion Daily Junior Gold Mine (JNUG). Short - JNUG really isn't meant to be held right? With Fast 5 Trades, you don’t have to worry about what the overall market is doing.
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