Tradr 2X Short TSLA Daily ETF Stock Discussion

CloudMist : no expiry same as normal stocks. Can hold.

Jack Cheng : What was said upstairs is correct, but this is a leveraged ETF, which is generally recommended for short-term trading.

莫等丶 : Short-term is fine, but there will be losses in the long term.
Price of 100, today increased by 10% = +10.
Price of 110, tomorrow decreased by 10% = -11.
This means you buy at 100, and you have 99 left.
(excluding transaction fees)

TimberFire OP : What will be the trend on Thursday ? Tesla go up or down?

Kori24 : omg i bought on 36 what should i do

CloudMist : buy this if u think the price is too high for tsla stocks. currently is 280. buying this now means that you expect the price to below 280. depending on the amount u buy.

Kori24 : what is that mean ?

Scorched earf : nice work