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SSO will be the 2X bullish leveraged ETF and SDS is the 2X bearish ETF. With a leveraged ETF like SSO, a 5% move in SPX gives you nearly a 10% move in SSO. Achievable trade the bearish ETF, SDS, if you want to take advantage of a descending market even when your IRA account.
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Why always keep such a low-cost profile? Risking only 2% of your funds provides an opportunity to endure the actual marketplace volatility. However, if the trade goes unsuitable way, you'll be able to get out of the trade yourself and try again, instead of getting a margin call when your funds hit zero.
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Right versus wrong, good versus bad-it's often just much akin to perspective. Sometimes, the benefit of turning a possible negative into a positive is patience and time. The actual Chinese folktale "The Lost Horse" we will.
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