Look at the graph below: See something striking? Some kind of repetition, maybe? Everyone knows oil will move higher - eventually. I mean, just look at that crash from $230 to what, $90? That’s a 60% gain if you’re shorting in something like a week. At $207.36, you are pretty much guaranteed that any […]
I have been dazzled by DWTI’s apparent invulnerabillity to time decay ever since I’ve started trading it. Since it’s a triple leveraged ETF product (meaning it seeks to go up 3% for every 1% ), it HAS to go down on average. In other words, this product should slowly see its value erode through time. […]
