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If GEAR is 3x ETF, then that is a problem.Compare the graphs of...

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2,587 Posts.

53

12/04/20

07:04

Post #: 44004166
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Originally posted by frankieV: ↑

I scalped GEAR for XJO upside and BBOZ for downside this week using commsec, but you are right the commissions really eat away unless you are using tonnes of capital. I signed up for FPmarkets this week for CFDs but not really excited about it. Really can't see any reason to use NABtrade, though I don't know any pros that use it

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If GEAR is 3x ETF, then that is a problem.

Compare the graphs of DUST and NUGT on stock charts .com and the problem is quickly apparent.

If you get caught as long termish holder, then the decay is enormous.

XJO Value at posting: 5,387.3
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