Inverse etfs are best for short term movements not medium or long term positions
ENIGMA1440
⋅
@mahatango747 I fully understand. The direction is north is the point. I don't trade margin. I know how to short but the risk to reward ratio for me doesn't add up never has.
BertBamboo
⋅
Been buying more JDUST today
ENIGMA1440
⋅
@BertBamboo, I cannot find that ticker on here or fidelity
BertBamboo
⋅
@BitFink, Sorry, JDST. Also, doing great with NKLA, TNXP and CRON.
ENIGMA1440
⋅
@BertBamboo, I am loading up on all as well as NAKD and TLRY
frenchies4ever
⋅
Im interested but I don’t have any option to short it… after break down would you buy or wait…
NickelOak
⋅
@frenchies4ever, GLL is an inverse ETF (it shorts gold). If gold goes down, that ETF (GLL) will go up. Fink is saying gold is about to break down, so GLL should go up soon.