Search results

Right re breakout UVXY, pivots in others, look at 4-day intraday charts. I'm buying inverses from now into the close on pivots when they go up... SDOW SPXS SOXS SQQQ SRTY UVXY

I'm going to rebuy inverses today if they pivot up UVXY SQQQ SOXS SRTY we had great breakouts today in my chatroom for CCL CEMI NURO etc

Agree, their yt videos are excellent

Glad I sold most inverses into yesterday's breakout.... I learned how the hard way over time, buy the dip sell the rip. Looking forward to re-entering when they pivot up again :D

Not a reco but I'm using 31.4support 32.7res. 11:50am et currently 32.02

Great question, no I exit manually. If I were away from pc, that would be a smart way to exit automatically, with moc mkt on close order

Wish there was a good inverse btc etf

Good point re Wednesday, often the day after a run up like today they gap back down..... so I sold most into today's breakouts. Relative strength UVXY SPXS SDOW better than SQQQ SOXS, tech still strong Earnings wildcards coming too

Thanks.... unlike stocks, I trade UVXY by buying low, selling high into VIX spike. Big run today. I sold most of it and other inverses into today's breakouts. Will scale in tomorrow if they go up. UVXY SDOW SQQQ SPXS TZA Yes was running chatroom, subscribers were thrilled, I called it...

Thx, I trade both, didn't know that. Charts will be different

saweet! nailed it

Right... eg I bought UVXY Friday at 26.8 on pivot bc I recognized a good setup. Naied it, sold starting 34.8 :D

It's about time for a correction :D

fyi

Cha-ching! Futs down, #gobears

I never said 10 c-grade trades vs 1a, more like 10 small a-grade trades. I understand your point re capital.. I trade very specific setups for breakouts and pivots, like my buying UVXY near the 2d pivot low Friday

I'd say my goals are expanded beyond just trading my own account, right. As you said long ago, I trade to teach. So I trade a Lot so that I can test setups to see what works best. Then I write articles and teach based on lessons learned. But even if I just traded without teaching I'd still...

I prefer trading small, trading often to minimize risk per trade. My best winning months have been those with many trades. Good point re hard to keep track of, especially when markets are volatile

I think that many traders, out of a concern for overtrading, tend to undertrade instead. Putting on too much size, too few trades. I'd much rather do 10 100-share trades than 1 1000-share trade, for example. Worth thinking about... ideas? Like poker, you grind. You don't just go all in...

my thoughts