GDXD
MicroSectors Gold Miners -3X Inverse Leveraged ETNs
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Bought some GDXD (3x short) Thursday at open. Already sold but that was fun. Not a metals guy so won't go long or short from here.
Except that the etf resets daily. Your assuming a one day 50 percent drop this monthly drag on a 25 percent drop would be higher than what is was today. Example, rough math. ZLV 50% increase to 2.25 Let’s assume a straight line 5 percent drop across 5 trading days for SLV 2.25*.10- 2.47 2.47*10- 2.71 2.71*10- 2.98 2.98*10-3.27 3.27*10-3.60 Another 25% drop in SLV would put ZSL at around 5.30, and you still would not have reached a 50 percent haircut from $85- it would be around $51. It’s not a straight line number. Yes I’d SLV dropped 50% Monday- you are around your 4.60. But it doesn’t drop that much in a day and if it did we are fucked anyways. Go look at the GLD/GDXU/GDXD chart. You just need either a bulll run with a leveraged etf or a hard bear turn for an inverse ETF. That being said, it would take stones to hold ZLF hoping to catch that more permanent downturn- and this is just napkin math
ZSL guy sold right before the metals bubble popped ive been stacking along with DUST GLL GDXD MUD overbought as hell now everyone will want to cash out
im just hate buying inverse etfs on all this shit that never stops pumping because its ridiculous ZSL GDXD MUD SOXS FNGD we are still in first month and memory stocks already doubled while silver is up 50 percent
Probably shouldn’t have bought all that GDXD Friday….
Yeah, when I heard this morning about it I sold my Silver and bought GDXD. Already up 8%
GDXD and GDXU were a lot of fun to trade today. Great action to kick off the new year.
GDXD if you wanna short gold miners sell off way more than underlying
gold and silver have gone up way too much way too fast GDXD and ZSL to hedge my miner calls
I dunno bout that. I bet it tests 4154 before retracing back towards 4k. I actually bought GDXD just before close.
I’m loaded on GDXD and hope GDXU comes down 5x from the 10x rally.
I bought GDXD instead 😂
GDXD - golds deviation off the MAs is wild....not reseting to norm in the near term would make later correction uglier
they need to take GDXD out back and put it out of its misery
whacky stuff going on with gold miners. Check out GDX and GDXD over the past hour
GDX shorts getting crushed loving these GDX calls. printing harder than my flaccid cack if you legged into GDXD you lost it all baby! GOLD LFGGGGG
damn bro.. if only swapped out for GDXD on the day
I think switch to calls. I'm looking to exit my GDXD, which I bought yesterday after closing out a bunch of GLD positions. When the steam runs out of the rally for whatever excuse, I think gold will be going back up again.
I went with GDXD. You have conviction, I have 3x that conviction.
I did. I bought 6000 GDXD at 3.85 and just sold pre market at 3.99. +$840.00 cash. Thanks for the go ahead.
I feel if you look at the long term history of gold when it goes up big, or even goes up gradual, it usually holds well. Like no big corrections. Long term chart is a nice steady gain. But this parabolic move, will correct some. Maybe down to 3100-3200 (from 3400). So a 3x gold inverse like GDXD has a decent risk reward. Short term. Obviously wouldn’t hold long term.
I feel if you look at the long term history of gold when it goes up big, or even goes up gradual, it usually holds well. Like no big corrections. Long term chart is a nice steady gain. But this parabolic move, will correct some. Maybe down to 3100-3200 (from 3400). So a 3x gold inverse like GDXD has a decent risk reward. Short term. Obviously wouldn’t hold long term.
Ok. I started out near close at 6000 shares if GDXD at 3.85. Will DCA down if neccessary and circle back.
I feel this as well, but also took a starter position in GDXD. The run up just seems to be getting to extreme.
GDXD calls or 
I’m the idiot that went short with GDXD about a week ago too🤦♂️ praying for at least one decent gold pullback to exit
GDXD just because of the xD
GDXD Calls would absolutely make a fortune if you could time the eventual fall of gold
Gold has been very good to me this year, but I'm anxious it has maybe gotten out over its skis. Bought some [GDXD](https://client.schwab.com/SymbolRouting.aspx?symbol=GDXD) as a hedge for potential pullback.
Montreal bank GDXD a bit odd no?
so what youre saying is GDXD?
God damm my GDXD position is up bigly already and I just bought it 30 mins ago
Just took a big position in the GDXD Inverse gold miners 3x Dollar going to kill them
Barrick Gold is one of the best gold stocks to buy. I'd also check out GDXU if you're into leveraged ETF's. I like going back and forth between GDXU and GDXD as long as I get the timing right.