Direxion Daily AMZN Bull 2X Shares Stock Discussion

Romantic Hunk : how it close? this amzu no more?

modest Narwhal_1005 : you still got amzz 2x daily, and amzy that pays a 50% dividend per year if you want more certainty. I think you are 100% safe. Just look away and diversify.

modest Narwhal_1005 : you can dollar cost average it safely. If you go all in at the wrong time it could take way longer to recover than amzn without leverage. Not that big of a risk but it's not very fun either.

离火盛世 OP modest Narwhal_1005 : would you suggest to cut loss if my cost at 41?

modest Narwhal_1005 离火盛世 OP : I don't know. If you are Investing long term than you should be fine. Keep some money to buy more in 3-4 months if it continues to drop.

10baggerbamm : it's a leveraged ETF it has a 2X multiplier so it's movements are typically twice as great to the upside and the downside as the common stock

Ginvest : trust your instincts. i day traded $AMZU since monday. buy 40-42.5; sell 43.25-43.75. $AMZN was down 4 consective days causing this stock remaining in its low range. yet, it has its own characteristic - 1. the big money is out of this one right now. 2. the TD-sequential shows on the 4th day of down trend, may have 5 more days buying opportunity (especially closed down on every Friday)

10baggerbamm OP Ginvest : thanks.. I really appreciate other people's insights the ones that are actually trading the stocks the more information from other people to me that's why I'm here the value that they bring that's why I'm here to try to help others I take everything that other people say as a learning experience so if I can learn from others to better myself to reduce losses and new increase returns it's a win

离火盛世 Ginvest : hi May I know what indicator u are using for 主力

Ginvest : bought at 42.75 ＆42.85 ；sold at 43.5 for the last 2 days. saw this post, placed an order at 42.85 with 2X volume. and will hold this time.

151385258 OP : $Amazon (AMZN.US)$