Last weeks high for this gold ETF was around $62 and the low reached approximately $45.
Tuesday, 20 October 2015
Tuesday, 13 October 2015
This week my biggest gains came from a gold ETF called Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG).
Over the last 5 days gold has gone up a lot so I decided to take part in this money maker. I bought about 20,000 shares at a time of JNUG at around 55$ and I waited for it to spike up a couple bucks and I sold it after I was happy with the profit I had made on it. I don't like staying invested in a stock for too long, once I'm making money I pull out and keep the profit.
Sunday, 4 October 2015
So this week, one of the biggest gains in the stock market came from gold companies. I didn't make a whole lot of money off this but i made a small amount of profit from investing in a gold ETF.
Above is a graph representing Friday's gains in the stock market from the gold companies I invested in. As you can see it went through a dramatic increase this week. Another thing that surprised me was the fact my Velocity Shares company had dropped so much that day, it did the opposite of everything else.
I almost lost a lot of money because I had bought shares of TVIX rather then short selling at first. But my pull out game is way too strong to be losing money, I managed to sell the shares while I was still up still making some profit.
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