shillllihs
6,044 posts
msg #152384
- Ignore shillllihs |
5/31/2020 3:01:58 PM
My goal is to be on the billionaires list within 9 years, and if they don’t do away with leveraged ETFs, I feel I have a real shot.
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shillllihs
6,044 posts
msg #152385
- Ignore shillllihs |
5/31/2020 3:06:21 PM
$100,000 x 300% a year for 9 years will be 2 Billion.
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svtsnakebitn
150 posts
msg #152386
- Ignore svtsnakebitn |
5/31/2020 3:18:58 PM
I agree - if they do away with leveraged ETFs my strategy is done for
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shillllihs
6,044 posts
msg #152387
- Ignore shillllihs |
5/31/2020 3:24:57 PM
Yeah, I don’t even need the money as I do everything I want and I have everything I need. You don’t need more than 5-20million to live real well. I just want to make the list and pass it off to my kids and die.
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svtsnakebitn
150 posts
msg #152393
- Ignore svtsnakebitn |
6/1/2020 10:12:47 AM
FXI running - as expected. Up 50% on my calls this morning!
GLD is a bit of a laggard today.
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svtsnakebitn
150 posts
msg #152396
- Ignore svtsnakebitn |
6/1/2020 11:51:17 AM
NUGT looking ready for blastoff tomorrow
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shillllihs
6,044 posts
msg #152397
- Ignore shillllihs |
6/1/2020 11:57:42 AM
Nice.
I’m up another 4% today on USLV up 6% and UCO down 2%
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shillllihs
6,044 posts
msg #152398
- Ignore shillllihs |
6/1/2020 1:28:31 PM
Plus another 5.5% on TNA.
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shillllihs
6,044 posts
msg #152399
- Ignore shillllihs |
6/1/2020 1:36:27 PM
And there goes UCO up 1.5%
Options are not really my thing, sure you can make 50% but usually on smallish bets plus all the decay risk.
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svtsnakebitn
150 posts
msg #152400
- Ignore svtsnakebitn |
6/1/2020 1:46:59 PM
But I don't have to use as much money playing options to make the same bet as 100K. Once I leverage up my account the more I can play on options and I can build my account way quicker. My plays are a quick 1 day push. I don't hold long term - mostly out before lunch, usually at market open.
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