For you risk takers out there who like a bigger bang for your buck, Direxion Funds has launched several ETFs that offer 3x leverage in small caps, large caps, energy and financials. There is no way I’d begin trading these in this kind of market unless I’m day trading for a few hours. .. and certainly I’d want to see liquidity of a few hundred thousand shares before getting in. The small and large cap Direxion ETFs which began trading late last week are already proving to be very popular. The Direxion Bullish Large Cap 3x ETF (BGU) traded nearly 500K shares today while the Direxion Bearish Large Cap 3x ETF (BGZ) traded nearly 250K shares today.
Here is the list 300% leveraged ETFs currently trading from Direxion Funds:
Direxion Large Cap Bull 3x ETF (BGU) (482K shares traded today)
Direxion Large Cap Bear 3x ETF (BGZ) (242K shares traded today)
Direxion Small Cap Bull 3x ETF (TNA) (209K shares traded today)
Direxion Small Cap Bear 3x ETF (TZA) (132K shares traded today)
Direxion Energy Bull 3x ETF (ERX) (38K shares traded today)
Direxion Energy Bear 3x ETF (ERY) (28K shares traded today)
Direxion Financials Bull 3x ETF (FAS) (30K shares traded today)
Direxion Financials Bear 3x ETF (FAZ) (14K shares traded today)
The energy and financial ETF’s are way too illiquid right now but I’d imagine in a few weeks they will be liquid enough to trade as well.
You can get an analysis of FAZ or any of the other Direxion Funds below
I am interested to know what type of market indicators should I be using to trade BGZ
I trade for four months these etf and result are very good.
TNA, BGUand FAS are good to trade.
I am interested to know what type of market indicators should I be using to trade BGZ:::
Same as always:::
What else is there
MAC DI OSS ect
Dear ETF Central,
Three years ago I perfected a method for trading the “ULTRA ETF’s, 2X”. With the advent of the 3X, naturally my gross profits have increased 50%. Since this is a gift, to the betterment of man kind, I’m giving it away free, no charge for the method itself, or for any questions, someone would have in the future. Your E-mail address will not be distributed to anyone.
To prove that I’m not just some “Huckster”, walking down the street, trying to scam – a – buck, please review my family’s history.
Before you start, please review exactly who my family is. Google: John Jenney – Descendants, and YOU TUBE: John Jenney of Plymouth, you will see that my family was on the 4Th ship at Plymouth Rock, (we owned the ship), had the 1st “Grist Mill” in the New World, the 1st Brewery in New England, credited with forming the “Free Market Society” in 1623. Google: William Le Baron Jenney, he built the 1st skyscraper, the Home Insurance building in Chicago, tutor to Burnham and Sullivan, the developers of the Chicago Lake Front.
Please conduct a Fact Finding study on the enclosed material. I already know that you won’t be disappointed, but please, prove it for yourselves. Have someone with a financial, economics, or accounting background check it over. I’ve been using it continuously and successfully for 3 years, after inventing the method. I urge everyone to try this on paper and the Casual Trading method, first until you feel comfortable.
TRADING ULTRA – ETF’s
FOR THE AMBITIOUS TRADER
Here is a brief outline of – How to trade ULTRA – ETF’s (Exchange Traded Funds). I’ll reduce the information to just one sample ETF, the financials. The FAZ is bought when the overall market is trending down. The FAS is bought when the overall market is trending up. Just follow the steps below to determine which side you’re going to buy.
Set your computer stock charts on a three month interval to get the overall trend of the market. Symbol DIA for the DOW, symbol QQQQ for the NASDAQ, and SPY for the S & P 500.
Step 1.) Add the RSI – (Relative Strength Index) and the MACD – Moving Average Convergence and Divergence to your three month chart study. This will establish the direction of the “Trend “. Once that has been accomplished, change your chart to a 2 day study.
Step 2.) The second time the RSI line dips down and touches 30 put that particular “ETF” on your watch list. When the MACD starts moving up (the Black line crosses the Red), BUY when they both cross the “ZERO “line simultaneously. Once your Buy has been confirmed, establish a comfortable stop loss position. A stop loss position is putting in a sell order lower than your purchase price, for protection. If something bad happens, you’ll be protected by minimizing your loss. When the price of the ETF starts moving up, move up the price of your stop loss order. Continue to do so, especially if you have a nice profit (2 – 4 % or more).
Step 3.) Hold your position until the first time the RSI line touches the 70 line then sell. Bank your profits, and then wait for the same situation to present itself again.
EXAMPLE:
Google: Optionsxpress Login
Name: Char21
P/W: 214214c
Cursor on: Quotes
Menu: xpress charts
Type: menu – line
Period: three month
Add lower study: menu – RSI
Add lower study again: menu – MACD
Put the desired symbol in the Symbol Finder Box to determine the
Trend of the Market.
For additional – ETF’s, GOOGLE: Pro Shares ETF’s or Direxion ETF”S.
Questions: E-mail, j.mike214@yahoo.com, put the word Questions in the subject box.
TRADING ULTRA – ETF’s
FOR THE CASUAL TRADER
Here is a brief outline of – How to trade ULTRA – ETF’s (Exchange Traded Funds). I’ll reduce the information to just one sample ETF, the financials. The FAZ is bought when the overall market is trending down. The FAS is bought when the overall market is trending up. Just follow the steps below to determine which side you’re going to buy.
Set your computer stock charts on a three month interval to get the overall trend of the market. Symbol DIA for the DOW, symbol QQQQ for the NASDAQ, and SPY for the S & P 500.
Step 1.) Add the RSI – (Relative Strength Index) and the MACD – Moving Average Convergence and Divergence to your three month chart study. This will establish the direction of the “Trend “. Once that has been accomplished, leave your chart on the three month interval.
Step 2.) When the RSI line crosses 40 on the way up, and the MACD line is moving up the (Black line crosses the Red) start buying. Buy in increments of 10 % of the principle you’re going to invest on this particular trade.. When the RSI line crosses 50, increase your buying percentage to 20 %. Each time your Buy has been confirmed, establish a comfortable stop loss position. A stop loss position is putting in a sell order lower than your purchase price, for protection. If something bad happens, you’ll be protected by minimizing your loss. When the price of the ETF starts moving up, move up the price of your stop loss order. Continue to do so, especially when you have a nice profit (10 % or more). Hold your position until it has been “Stopped Out “. Bank your profits, and wait for the same situation to present itself again.
EXAMPLE:
Google: Options press Login
Name: Char21
P/W: 214214c
Cursor on: Quotes
Menu: xpress charts
Type: menu – line
Period: three month
Add lower study: menu – RSI
Add lower study again: menu – MACD
Put the desired symbol in the Symbol Finder Box to determine the Trend of the Market.
For additional – ETF’s, GOOGLE: Pro Shares ETF’s or DIREXION ETF’s.
Questions: E-mail, j.mike214@yahoo.com, put the word Questions in the subject box.
Sincerely,
J. Michael Jenne
I tried to print out a lists of your funds today, but your web site gave me only the margins. Please fix !
Thanks,
David Sone – Tifton, GA
None of this crap really works. You all are only lucky. If one is unlucky it dosent matter what
you try it wont work.I have tried it all. Nothing works.
And this aint all, every time I buy a stock a desister hits in the area of indexs, happend.
EX. Well, when I bought the airline stocks the vacanno desister happened.
I am afraid if I buy stocks, now the world will end.
So thank me for not buying much.
Oh buy the way I bought the ETF BUG right before the 166 pt drop the day of the Egypt uprising.
I got out the next Morning, so the stocks could rise again. And they did. Sooo dont piss me off.
Glen