I have found myself more and more trading leveraged ETFs since it's easier to DCA into them over time for swing type trades. Some folks would say just trade longer dated options, but I like that the leveraged ETFs tend to be more liquid.Farmer @ Johnsongrass, TX said:
Yesterday API numbers showed a draw. A biggun.
I'm sure folks are waiting for the EIA numbers this morning for confirmation.
Outlook ahead,.....energy going higher.
Starting to DCA into ERX today. Plan to continue to buy 10% of my position each day over the next 10 trading days.
We almost have a buy signal on 30K's 5/12 cross too.