There is no way it's scalable (per unit PNL) and that's why there is no interest. You say it is, but more importantly, nobody is going to talk to you unless you're trading futures. Nobody wants to hear about trading against dealers. It's a nightmare.
I don't know. I see this as a end stage rotation out of tech and into cyclicals, but it won't have any legs underneath it. I still believe that the highs for the year are SPX 4500 and NDX 14300.
I haven't looked at it. I should probably cut it here. I only traded it for illustration. I wasn't trading an opinion on UCO; I was showing how to start trading (URO) positions small. I can't tell ppl when to take profits or cut risk. I suppose it made more sense than stating "buy 50 XYZ and...
I don't think we'll see 15,000 NDX or 4500 SPX this year. The rotation into cyclicals is to be expected. I really only see GOOGL as a buy here. It's the only long-term equity position that I own.
I would actively short a touch of 3250 AMZN.
You got the meat, so good going. Probably should start a trading thread/journal.
I bought the synthetic 1000/13000/14500 132 fly from 1770 or so, can't recall. I think it trades to 1900 next week. Also long futures against.