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You Can’t Stay Wrong for Long in SKF

Bycjrosen

A lot of newer traders are drawn to double (and triple) leveraged ETFs including the inverse side, but being on the wrong side of a trade can be financially devastating quicker than most traders imagine possible.  Let’s take a quick comparison of the recent moves in XLF (Financial SPDR ETF) and its double-leveraged inverse counterpart…

SKF – UltraShort Financials: A Lesson in Defense and Stops

Bycjrosen

I sincerely hope you weren’t majorly short the Financial sector the last few days – if so, I hope your stops took you out before carnal and potentially devastating damage was done to your account.  Let’s look at what went wrong (and right) so quickly. Let’s assume you heard the news of how Financial stocks…