userque's Account talk

[userque]

I have had nugt and dust on my radar just watching and learning and noticed big swings on both. Is there a time limit to cash out? Seems like if you hold long enough you can make some good money. I know it's not that easy. Just a rookie asking questions. Dust is a lot cheaper but has as big a percentage gain per day as nugt. I would think dust would be the better play with less invested. Thanks folks

Hey Guchi,

NUGT is a 3x ETF. DUST in an inverse 3x ETF. They both track GDX and generally, in the shorter term, move 3 times the percentage of GDX.

If GDX is up 3%, NUGT will be up 9%, and DUST will be down 9%, approx. The absolute price values 'don't' matter as much. It's about the percentages. Actually, NUGT/DUST just split today.

See also: The Top Gold Mining ETFs (GDX, NUGT) | Investopedia

I can't say when to 'cash out.' I leave the trading decisions to my algo:

https://collective2.com/details/100166454

 

[GUCHI]

Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?

 

[RealMoneyIssues]

Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?

No, reverse split

Sent from my Z959 using Tapatalk

 

[userque]

Thanks Q. Again I'm still learning but Dust is showing a 367% jump so far today is that right?

Anytime GUCHI. No, that's not correct. Whoever is providing you that quote, hasn't yet updated for the stock split. DUST is actually down about 6% right now. Maybe try 'refreshing' your quote provider?

 

[userque]

Chat with Traders

(Recorded interviews with top traders.)

https://soundcloud.com/chat-with-traders

 

[userque]

CARTOON:

 

[userque]

VIDEO Trader Goes Nuts Office Stress:
[video=youtube;F74L7CtKK9Y]https://www.youtube.com/watch?feature=player_detailpage&v=F74L7CtKK9Y[/video]

 

[userque]

Machina Challenge
https://machi.na/

"A worldwide competition, with cash awards, to use machine learning and other statistical methods to identify broad market trends ..."

FYI: I'm not involved with this...my plate is full enough.

 

[userque]

The Dunning-Kruger Effect: Are the Stupid Too Stupid to Realize They’re Stupid?
The Dunning-Kruger Effect: Are the Stupid Too Stupid to Realize They

"Has it ever seemed to you that less competent people rate their competence higher than it actually is, while more competent people humbly rate theirs lower?

It’s not just your imagination. This is a genuine cognitive bias called the Dunning-Kruger Effect. ..."

 

[userque]

https://www.tradovate.com/
Commission-Free Futures Trading
Trade unlimited contracts for a flat price.
Cloud-based trading platform included.

 

[userque]

VIDEO: I Just Sued The School System!!!

 

[userque]

http://www.cnbc.com/2016/10/04/yaho...tomer-emails-for-us-intelligence-reuters.html
"Yahoo last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by U.S. intelligence officials, according to people familiar with the matter."

 

[userque]

Man v machine: ‘Gut feelings’ key to financial trading success
Research shows body signals can help humans compete against machines
https://www.ft.com/content/79e8b8fc-7c33-11e6-ae24-f193b105145e

 

[userque]

On "60 Minutes" Tonight:

The impact artificial intelligence has on the world, including its role in driving cars, cellphones, social media and cancer care; actor Bryan Cranston discusses his life and career leading up to ``Breaking Bad.''

 

[userque]

On tonight:

Frontline
Episode: Confronting ISIS

The successes, failures and challenges of the U.S.-led effort to destroy the Islamic State Group.

 

[k0nkuzh0n]

Looks like its on PBS at 9PM here. Thanks for the heads up

On tonight:

Frontline
Episode: Confronting ISIS

The successes, failures and challenges of the U.S.-led effort to destroy the Islamic State Group.

 

[userque]

Tiny Bank-Beating Trading Firm Doesn’t Use Any Human Traders
http://www.bloomberg.com/news/artic...-trading-powerhouse-doesn-t-use-human-traders

"Self-learning machines help put XTX among top currency traders"

"Company is expanding into other markets, geographies"

...

 

[userque]

“Keep all your eggs in one basket, but watch that basket closely.”
​

&​

“Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.”​

--Warren Buffett

 

[userque]

On tonight:

American Experience
Episode: Tesla
PREMIERE
NEW
S28, E01

Engineer and inventor Nikola Tesla's technology revolutionizes the electrical age of the 20th century.

______________________________________________________


Frontline
Episode: Terror in Europe
NEW
S35, E03

Counter-terror officials describe the challenges of containing the threat of Islamic terrorism in Europe.

 

[userque]

Readers Sent In These Badass Pictures Of Their Trading Desks
Wall Street Trading Desks - Business Insider