Why is everyone upset he bought those ETN's? He will learn from this regardless of the outcome. Regardless, these leveraged ETN's should hardly ever be held for very long. Most times never longer then a trading day. I've also learned my lesson. Now... I have a set goal in mind with these. 30-40 cent gain and I'm out. Usually that's easy to come by. I don't go by percentages. Some traders look for huge gains but that may takes weeks or months or might not even come. But if you buy on the dips for a quick scalp I think is the safest bet.
Either way, Goodluck OP.
Either way, Goodluck OP.