Quote:
Originally Posted by kool maudit
Those leveraged ETFs are fun to day trade but I honestly prefer just going way out on margin and buying the monthly contract directly for a sort of cowboy play.
Last week was good fun in the October WTI one.
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I'm small time your big time, I'm just starting out in this. If you have any good tips can you post so I can evaluate and also make some money.
My buddy is mentoring me, he could play those contracts too I guess, but he makes a nice profit with the ETF's. He is so rich and he keeps almost all his money in cash, but does day trade the ETF's when he wants to buy some expensive clothes or something.