The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of the oil and gas exploration and production sub-industry determined based on the Global Industry Classification Standards. The fund is non-diversified.
Do not trade "OPTION " 100% lose
Position is alway the best to control your profits
Position loading zone "STRATEGY", APPLy pattern strategy
VWAP , Double bottom base Base lenght minimum of weeks Base correction <50% from peak pivot points breakout through middle of WEEK
Flate base Base length Minimum of 5 weeks Base correction <15% Pivot point Left -side high of base
Double bottom base Base length minimum of 7weeks Base correction <50% from peak Pivot point breakout through middle of week .
building a Position when you buy a new stock , think about not commiting your entire position in one decision , instead , commit incrementttally making your stock prove it strenght by advancing in price , say your full position for a stock would be $500-1000 for your first position you could contribute $500 at the start and if the stock continues to advance add additional , smaller amounts until you've reach your full position .
My strategy technique is "Pyramiding" or "DCA", A"veraging Up" , "buy to cover ", because after a larger purchase , you make smaller one as the stock advance it important that you buy fewer shares with your second and third purchase to avoid running up your average cost , To aovid making follow up buys once the price of the stock is more than 5% above it pivot point