Story (JNUG)

First of all, I found JNUG/JDST on DQ early this year (maybe in Jan or Feb). That was my first time trading JNUG.

On March 6 (Fri), I already made quite much money on UGAZ/DGAZ, XIV/UVXY, and UWTI/DWTI (a little over 300% gain). I feel so good about myself. I saw JNUG was trading in $40s in late Jan.It was more than a half off, so I used full margin to buy JNUG in after-hour at $19.99. JNUG was closed at $19.59. On Mon, it dropped again. It was a long day and it was dropping all the way to close at $16.50. I didn't sell and no STOP-LOSS set either. I thought it will come back on Tue since it already dropped so much. But, it dropped again on Tue. Around 2:00pm, it was trading at low $13s ($13.16 lowest). I checked my account. More than 75% of funds lost. I was thinking I should cut loss or not in case I lost everything. I told myself, wait and see (at least until the market closed). The good thing is it went back up from the lowest $13.16 to $14.61 in last hour. Still, it is far away from my buy price at $19.99. I thought about SELL ALL, but my gut was telling me to wait one more day. Next day, it went down to $13.25 again. I was very, very stressful. I turned off the computer and went out to get some freah air. Luckily, it went back up in the afternoon and it was closed at $16.67. It was much better. Still, I didn't sell a single share. On Wes, it was my last day to cover the margin call before the brokerage sent me a SELL-OUT letter. I saw it was a STRONG close, so I believed it will open higher on Thur morning. Yes, it did. And, I sold those shares with the margin money around $17.50. I was still losing money, but I got over a half of the money back and I had NO MORE MARGIN. Then, I waited a bout 7 trading days and SOLD ALL in pre-market at $23.12. I got all the money back plus a little gain.

Here, I ain't trying to show how good I'm or how much money I made. I'd like to share this experience about trading 3x is very dangerous if you use FULL MARGIN. Even not and you think it is a good entrance point, it will still drop more. It was dropped about 72% from the highest $48.50 to $13.16. No wonder many people on the board have been saying "NOT TOUCH 3x etfs". This is a great story for your guys to know.

所有跟帖： 

• 从热点追到这里，宝宝老师真是让人叹为观止。佩服！你的性格一定很好，急性子可炒不了股。 -大禹移山- ♂ (0 bytes) () 09/30/2015 postreply 11:17:13

• 我也急, coz 我有三急. 炒3x, 被训练得不急. -ceramic_baby- ♂ (0 bytes) () 09/30/2015 postreply 11:21:22

• 宝宝，心脏跳动可以保持住青春 -Candychen- ♀ (0 bytes) () 09/30/2015 postreply 11:25:10

• Too exciting for my heart. Good thing is I'm following an expert -jessica8686- ♀ (0 bytes) () 09/30/2015 postreply 11:17:38

• ddddd! -潜水的狗狗弟弟- ♀ (0 bytes) () 09/30/2015 postreply 11:17:45

• Thank very much for sharing, we don't have to learn this lesson -NY_Circle- ♂ (0 bytes) () 09/30/2015 postreply 11:18:14

• Thanks very much for sharing, we don't have to learn this lesson -NY_Circle- ♂ (0 bytes) () 09/30/2015 postreply 11:19:02

• by ourselves -NY_Circle- ♂ (0 bytes) () 09/30/2015 postreply 11:19:41

• 谢谢分享，你有一颗强大的心脏，难怪这么多人也顶不破。我不用马金，可以保护脆弱的小心脏：） -绿野丛踪- ♀ (0 bytes) () 09/30/2015 postreply 11:18:56

• 我是 "比干". 没心没肺的人才会这样炒 3x. -ceramic_baby- ♂ (0 bytes) () 09/30/2015 postreply 11:24:48

• 看来是80年代的人 -Candychen- ♀ (0 bytes) () 09/30/2015 postreply 11:26:02

• 英雄不问出处年龄：） -大禹移山- ♂ (0 bytes) () 09/30/2015 postreply 11:32:06

• wow -purplecafe- ♀ (0 bytes) () 09/30/2015 postreply 11:19:45

• 心理素质好+钱袋深+悟性高+帅+。。。。=宝宝 -inner__peace- ♀ (0 bytes) () 09/30/2015 postreply 11:23:44

• Thanks for the story, baby. I learnt a lot from you -cat3cat- ♀ (0 bytes) () 09/30/2015 postreply 11:27:33

• 那时我也刚刚进股市，看着JNUG跌到最低，然后记得当时有人买在13，36， -将爱天空- ♀ (119 bytes) () 09/30/2015 postreply 11:28:19

• no guts, no glory, great story, thanks for sharing -kt0118- ♀ (0 bytes) () 09/30/2015 postreply 11:30:14

• R u going to buy Ugaz now if u have money? I mean now. -安全环保处毕处长- ♀ (0 bytes) () 09/30/2015 postreply 12:56:24

• I got some today, wait to add more tomorrow. but I am not an exp -kt0118- ♀ (0 bytes) () 09/30/2015 postreply 13:04:42

• 佩服佩服，你真的是高手。光是心理素质就不简单，估计要我，就割了。 -受宠若惊- ♀ (0 bytes) () 09/30/2015 postreply 11:30:37

• You guys shouldn't follow me with that GUT. -ceramic_baby- ♂ (101 bytes) () 09/30/2015 postreply 11:32:06

• 胆小勿入，请排队旁观 -purplecafe- ♀ (0 bytes) () 09/30/2015 postreply 11:33:47

• 今天的宝宝是置之死地而后生的宝宝，有更大的生命力 -kt0118- ♀ (0 bytes) () 09/30/2015 postreply 11:35:32

• 我们不去假设没有发生的事情，事实是你今天还好好的在这里呀:-) -受宠若惊- ♀ (0 bytes) () 09/30/2015 postreply 11:45:43

• 佩服佩服宝宝，看来除了要慎用马金外，还有有强大的心脏。Great story! -紫丁香2- ♀ (0 bytes) () 09/30/2015 postreply 11:37:48

• 厉害啊，为你喝彩！临危不惧，智勇双全。在3X ETFs的刀尖上行走了这么久，相信这一次的曙光依然属于你 -秋意浓浓- ♀ (0 bytes) () 09/30/2015 postreply 11:41:38

• JNUG还可以继续持有吗？ -pigmarket- ♂ (0 bytes) () 09/30/2015 postreply 11:46:51

• 我也想问这个问题 -Candychen- ♀ (0 bytes) () 09/30/2015 postreply 11:52:48

• I'm still holding my JNUG (35% funds- average $7.60). -ceramic_baby- ♂ (197 bytes) () 09/30/2015 postreply 12:06:34

• 谢谢老师，做忍者神龟。 -pigmarket- ♂ (0 bytes) () 09/30/2015 postreply 12:23:05

• thanks! should that be "do" instead of "don't"? :) -cutebean- ♀ (0 bytes) () 09/30/2015 postreply 12:38:45

• Typo mistake. 三kill 4 the correction. -ceramic_baby- ♂ (0 bytes) () 09/30/2015 postreply 12:48:04

• 不客气baby！新手进股市有愿意解答问题的高手们真幸运 刚得了个margin call和我的券商电话后总算明白了啥叫margin -cutebean- ♀ (0 bytes) () 09/30/2015 postreply 12:53:33

• feeling a bit sacred but still happy--am i 没心没肺 too？ :) -cutebean- ♀ (0 bytes) () 09/30/2015 postreply 13:00:23

• 下来这一个小时，OIL是上还是下？还紧张。现在MM在考虑呢 -caonrh- ♀ (0 bytes) () 10/06/2015 postreply 10:19:05

• when to sell JUNG? Please let us know, many thanks. -耐心否- ♂ (0 bytes) () 09/30/2015 postreply 12:56:25

• See last 7 mins post, please! -ceramic_baby- ♂ (0 bytes) () 09/30/2015 postreply 12:58:04

• Thanks. Have a wonderful day. -耐心否- ♂ (0 bytes) () 09/30/2015 postreply 12:59:35

• 我还有10进的jnug.我也不知道我为什么还留着。也许宝宝的故事就是回答：－） -逢凶化吉- ♀ (0 bytes) () 09/30/2015 postreply 12:33:39

• 你有一颗强大的心脏, 我的小心脏只能在股市小打小闹. -青蛙姐姐- ♀ (0 bytes) () 09/30/2015 postreply 12:38:25

• 小打小闹非常好啊! 压力不大嘛! -ceramic_baby- ♂ (0 bytes) () 09/30/2015 postreply 12:44:37