This is a supplemental chart to the following post: Part 3 - How to Protect - Cover the Position ngetf.com This article is a continuation of a series where I've been exploring options to improve upon the idea of shorting UGAZ. Rather than just short the ETF alone and protect against a move backward, I am looking for a way to cover the short position by taking...
This is a supplemental chart to the following post: Part 2 - How to Protect ngetf.com In the above post, I use the UGAZ chart to find the worst case scenario for shorting. In the first 371 days from Dec 21, 2017 to Jan 3, 2020, a short position will see the largest move UGAZ has ever made against a short position. In the next 371 days, the same UGAZ short...
This is a supplemental chart to the following post: Part 1 - The Dangers ngetf.com In this chart I've shown a short-and-hold with annual gains vs backward movements against potential short positions. I'm being quite conservative with the gains and as extreme as possible with the hazards of shorting UGAZ. The bulk of this idea is published in the blog.