Since we spent last week examining the entry into our NUGT trade, we thought we would spend this week focusing on the exit. To begin with, let’s review the “nut” of this trade, which is the USD. There is a saying, “The trend is your friend until it bends at the end.”—well, it’s the bend at the end of the dollar downtrend that first put us into EUO, and then into NUGT. Having an idea … read more Newsletter #134—Anatomy of a Trade 2—The Exit
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