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...
