FAZ/SKF compound daily. As a result unless we are in a strongly trending market, they will lose value as the daily churn eats up the value. They are primarily day-trading tools and at best useful for swing trading a move. If the financials continue to trade side-ways, both FAZ (and FAS) will lose value.
However if you expect the financials to start a major downtrend with one-sided moves, these instruments will do very well, as they did early this year.
This is regarding the online workbook you just tweeted about. I am not sure what exactly the workbook is. Is it a service where you regularly update content, and paid subscribers can review it. Or is it a static addendum to the book which is being delivered online?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
FAZ/SKF compound daily. As a result unless we are in a strongly trending market, they will lose value as the daily churn eats up the value. They are primarily day-trading tools and at best useful for swing trading a move. If the financials continue to trade side-ways, both FAZ (and FAS) will lose value.
However if you expect the financials to start a major downtrend with one-sided moves, these instruments will do very well, as they did early this year.
This is regarding the online workbook you just tweeted about. I am not sure what exactly the workbook is. Is it a service where you regularly update content, and paid subscribers can review it. Or is it a static addendum to the book which is being delivered online?
Thanks