Interested In A 100%+ Annual Rate Of Gain 7 Times Out Of 8, With Worst-Case Risk At -10%? - Direxion Daily Mid Cap Bull 3X Shares ETF (NYSEARCA:MIDU) | Seeking Alpha
Peter Way has written an outstanding article about how to make 100% per year on MIDU, the 3x mid-cap ETF. You simply buy low and sell high, and you can do that by efficient charting. The rules also include closing out the position every three months regardless of the outcome if you have not made a profit by then. I believe Peter's strategy is a good thing to do with part of your portfolio. Perhaps as you increase your success with his plan, you could allocate more money to it. We only have so much time to make money in the stock market, and opportunities that are lost are the same as losing money otherwise.
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