Recommendation: Per every $25,000 of equity you are trading …
1. CANCEL and REPLACE your order to buy 200 shares of Direxion Daily Gold Miners Bear 3X Shrs, symbol DUST, at $30.50 or better, to open. NEW PRICE. Buy at the market to open. 2. Then enter a protective order to sell 200 shares of Direxion Daily Gold Miners Bear 3X Shrs, symbol DUST, to close at $28.06, STOP. This order is good till cancelled. If you were filled on this morning’s order to buy DUST, make sure to adjust your stop accordingly. |
Issue #39
Dear Member,
Let’s go ahead and go to the market on the above recommendation from earlier this morning. Reason: The broad stock markets are getting tired at current levels and should soon turn down, adding further downside pressure on miners, and upside pressure on the above inverse miner ETF.
Best wishes,
Larry