Recent content by E-MiniToGo

1) Focusing trade vehicles on just S&P and Nasdaq. Makes trading discovery / sleeping far easier. 2) Trading small relative to account size and keeping cash on hand for when the market hands you money. 3) Letting others take the market downturns on any overnight positions by selling ITM option...

Someone may have said this but I'll say it again if not. Get a copy of Think or Swim and a TD Ameritrade Account. They have a feature called INDEMAND that allows you to go to any prior date within a year or two and back test your options strategies. It's fun if nothing else. The real life...

It's funny, I'll watch old (2013, etc.) Tom Sosnoff (Think or Swim Guy) videos on YouTube where he's proclaiming the market can't possibly support such high levels... As always trade what you see, not what you think, and when you can trade both sides.

I've had a great deal of experience trading TQQQ and always have open positions for the last five years. Here are my thoughts on trading it. 1) I only go long on TQQQ as a trade paired with an in the money covered call, with the goal of taking the Call buyers money if the stock dips or...

Just another good day of trading today... loved it. I actually was lucking enough to guess this one (most I don't) ... noticed that big gap from 15100 in the Nasdaq on Friday, just waiting to be filled. In todays markets, I find it best to trade wide.

Greed

I would agree/disagree in that knowing how to sing on stage doesn't take away the fear of doing it in front of people, only experience and confidence from that experience does that. Some people wouldn't do it, even after watching countless episodes of American Idol.

In my opinion, stress is caused by trading wrong for your comfort level. As young men, my brother was a repo man and would have no problem breaking into locked garages in bad neighborhoods to repo a Porsche while I sometimes would drive him to the repo site. It was legal to repo, but not...

His chart math is not accurate. Look at a real chart of both products and see how they correlate.

Not to beat an already dead horse, but you seem to enjoy it, so here goes. 1) The primary reason you're misguided is that you believe the multiple is bad, where I believe it enhances what is working. I very much trade on margin when it works and know how the 3x products work since I've traded...

Can God make a rock so big he can't lift it? You're chart was fun and must of taken a bit of time making it, but not anywhere near accurate to reality, since the product didn't exist at the time. Do yourself a favor and actually go to stocksplithistory.com and check out TQQQ stats and see...

Just saying it would go to zero is silly and baseless. If it was around in 2000, it would have followed the Nasdaq QQQ , so before spouting facts, look at how QQQ traded during the bubble. It peaked around $110 in March 2000 and fell to $80 in April, then rebound to $100 by August (lower...

I get the reason people are spooked about a 3x ETF, some are stupidly bad to play with, such as the reverse market variety and TQQQ is not for everyone. However, there is nothing in the market today that offers better option premiums and a higher ten year return on the stock than TQQQ has enjoyed.

It's not suppose to be sexy, it's suppose to work. It's not a buy the dip strategy, it's a numbers strategy using other traders to carry the load on the downturns. The leverages ETF's give you enough premium to make it work. Just back test it over any 18 month period of time in the last ten...

Do yourself a favor and look into selling covered calls against your QQQ long position as a first step into options. Also, don't fall in love with your ETF long position, as it's a means to an end, which is yearly return. It's common to be in and out of markets on a regular basis .