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re: I've reconsidered about dropping out of our investment game, with a caveat....

Posted on 1/15/15 at 8:06 pm to
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 1/15/15 at 8:06 pm to
What's the logic behind buying UGAZ & DGAZ at the same time?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7150 posts
Posted on 1/15/15 at 8:17 pm to
quote:

UGAZ & DGAZ at the same time?


just to have positions in both. and then follow them, if one gains X%, then sell Y% of my holdings and use it to buy the other one (that dropped roughly X%). over time, continually selling the gainer while buying the loser, but never sell all of the stock I have in one or the other because you never know how high it can go.

There's prolly some really good reason why this wont work, but whatever, it's only money

and, just so you know, I've sold some of my IRL UGAZ shares for a profit and once the funds become available to use, I'll then buy which ever has dipped last.
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