$GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$$T-REX 2X LO...
$GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ $T-REX 2X LONG NVIDIA DAILY TARGET ETF (NVDX.US)$ why more people buy granite than trex ? whats the diff ?? which is better? can anyone explain pls, thankss
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104751879 : Since no reply on this…. As you mentioned, more people buy NVDL, more volume trade every day and night. That is probably the reason. At least to me.
Davidzed OP 104751879 : In terms of PL its abt the same ya? What do u think isit btr to just buy the nvda stock or buy the nvda leverage etfs? Thx
104751879 Davidzed OP : as long term holder, I am buying and keeping NVDA. When I do a day trade which i don’t play unless I have confidence and energy to do that, I buy NVDL. I don’t recommend etf for long term. As you say, a lot of decay and risk is higher ( and very stressful) again, this is only my case. Hope this address your question.
Davidzed OP 104751879 : By long term u mean how long should i hold etf max, and what u mean by decay?? Isit reset daily? Thanks for ur insights
104751879 Davidzed OP : if you add NVDA, NVDX and NVDL in the same chart, you would know what I mean. When I deal with NVDL, normally 1 or 2days. Can be longer but not for me (as for a day trade, gain for my lunch/dinner is good enough for me ) BTW, I’m not encouraging a day trade. I always believe investing for long term is the right thing. Longest one I still keep is more than 10yrs.
Davidzed OP : Wow 10 years , thats almost half my age, u must have alot of knowledge in this field, i wana learn
Davidzed OP 104751879 : Btw day trade gains is taxed in sg? Do we have to tax ourselves or auto on moomoo