Stock Market
The stock market plummeted again today, but I managed to make a little money. I bought DXD (an ETF that goes up twice as much as the Dow goes down, and vice versa) this morning after the Dow had begun falling, and sold it this afternoon for a small (2%) profit.
I am not doing as well with this inverse ETF's as you might think. I had DOG and SH in my portfolio, but got stopped out of them before the election.
I still don't know whether I should trade them or just use them as a hedge. *Sigh*. Like I said in a previous post, betting against a down market is a lot harder to do successfully than betting on an up market.
I am not doing as well with this inverse ETF's as you might think. I had DOG and SH in my portfolio, but got stopped out of them before the election.
I still don't know whether I should trade them or just use them as a hedge. *Sigh*. Like I said in a previous post, betting against a down market is a lot harder to do successfully than betting on an up market.