Blog
Leveraged gold ETF: What 2x gold really returned since 2008
A leveraged gold ETF like ProShares Ultra Gold (UGL) aims for twice gold’s daily move, not twice its long-term return. Since it launched in December…
Tag: leverage
6 posts tagged leverage, newest first.
6 posts
Blog
How do prop firms make money? A coin-flipper’s $50K challenge
Prop firms make most of their money from challenge fees, not from trading. At Topstep, even the funded account you earn by passing is simulated – the…
Blog
Poor man’s covered call: Testing the rules on real SPY quotes
A poor man’s covered call is a covered call where a long-dated, deep in-the-money call option stands in for the 100 shares. You buy that call, sell a…
Book Reviews
Robert Kiyosaki – Rich Dad Poor Dad – Review
Rich Dad Poor Dad is worth reading for one idea and worth questioning on almost everything else. Robert Kiyosaki’s point that money should work for…
Blog
The market is understood backwards, but can only be traded forwards
I’ve been thinking about the structural changes in the financial industry. I really think the markets have had a huge shift in the past 5-6 years…
Book Reviews
Andreas F. Clenow – Following the Trend – Review
I recently read and reviewed “ Stocks on the Move ” (2015), which is another book from the author. This one is not so much about stocks, but more…