I have a position in JNUG @ $28.27, and at this point it's difficult to tell where it's going. From a chartist point of view, this is going down (according to what I saw on various forums). I'm not a big fan of charting, but other points of view such as geopolitical news tend to show the same thing.
It's therefore really important (I'm repeating myself but that's a must to be profitable over the long run) to use stop losses. Mine is at $27.50 for JNUG.
If JNUG goes up, I will use take profits while going up at 4%, 7%, 10%, and so on. I always leave a 1% buffer. For example, if JNUG goes up to $29.41, I will set a take profit at $29.12. The problem with many traders in my opinion is that they don't ride the wave until the end and they sell too fast.
I will also be watching NBG. I'm not really interested to trade it yet, but a big drop could make me want to buy a piece of the action.
What about you? Leave me a comment!