Sep. 15 at 3:03 PM
$DFEN If you plan to trade this, remember that this is 3x leverage and it’ll go up or down potentially 3 times more than what you are used to with regular stocks. Therefore, to succeed in this 3x leverage:
1) Do not go all-in at once. It’s great if you catch the bottom, but if not you’ll be stuck with big % drop quickly.
2) Buy in gradual increments where you distance out subsequent DCAs further away than previous one.
3) Also note that at the beginning of Trump’s tariff market crash, DFEN dropped to
$20 … and then of course it rallied back near 500% to ~
$98 later on market rally. So be patient with your buys and maintain plenty of cash to lower the avg. as much as you can. I used only 20% of allocated money for this so I still have plenty of weapons remaining so I don’t mind a bigger drop.
