Trading Leveraged ETFs Like JNUG For Profit

Can You Do Better Trading In And Out Of ETFs Like JNUG?

Anyone who has been holding JNUG since my last article on July 19th is up 7.8% at the closing price of $18.98 on Friday, August 25th. If you follow my comments here on Seeking Alpha, you can see how I trade in and out of various ETFs like JNUG. We follow 32 of them, but I have a particular interest in gold-related ETFs because that is my business.

But I remind traders that there are plenty of trades to profit from besides metals and miners, and that’s what we have been doing. Please go here to see the past 2 weeks of results, with some in and out trades beginning 8/9 and ending 8/29.

As you can see from the results, trading in and out of leveraged ETFs can be profitable. This is not a long-term hold category that investors who come to Seeking Alpha will benefit from, but a unique way of trading that I try and help investors understand. While I do address the long side of trading gold below, the key to trading leveraged ETFs, the topic du jour, is to have a trading plan. If you read through some of my recent articles, I lay out some of the trading rules you should follow before contemplating trading leveraged ETFs. When you trade though, you must follow rules. The most important rule is keeping a stop when wrong.

The above article continues on Seeking Alpha where I write article occasionally. The comments section is worth the read as well. Click the link below to continue reading.

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About Doug Eberhardt

Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534


Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.

All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.