Since starting this portfolio on Sep 12, the return is up to 11%. There are two trades planned for Monday depending on how the NASDAQ moves. The NASDAQ 100 made a new all-time high on Friday. That should add some further volatility to the trading on Monday and could present some trade opportunities.
The UltraPro shares used are designed to provide 3X the daily return or loss of the underlying index.
The rest of this trade strategy article is for FullyInformed Members.
11% Return For Market Direction Portfolio UltraPro Trades for 2019
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.