Another Shot at Playing with Fire; Chess Moves

  I went long JNUG, the triple-long ETF for junior gold miners, at $33.40 earlier on Stocktwits/Twitter with a stop-loss below $32, playing for junior gold miners to lead a rally higher. I may day-trade part or all of this position, depending on the action into the final hour of trading. HL is one of the top components in the GDXJ ETF, and it has been acting quite well today. I took the trade when the triangle, highlighted in light blue below, broke higher on the GDXJ 15-minute timeframe. I now hold both JNUG and NUGT, playing with fire given their leverage. Thus, staying disciplined is extremely critical. UPDATE: Sold 1/3 of the JNUG long here at $34.30 from the $33.40 entry earlier to scale some gains. Still holding 2/3 of it with same stop.