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No doubt. And with 3x leverage it's like playing with a flamethrower! :O I bailed on SQQQ first thing after open and jumped into TQQQ for a time, but didn't see strong action there. After a short time it showed signs of falling off, whereas in SQQQ it seemed to be wanting to rise despite VIX...

Looks like the market is going to rally again today! I'll probably have to bail out on the first good peak and swim to the surface, catch my breath and wait for another good entry point. Should have done that yesterday on the first bump.

I figured everyone was tired of seeing red on their screen so I went ahead and liquidated SQQQ at 20.01 at 12:44. Seems to have done the trick....hope you all enjoy the ramp... ;) ;) KC, I've been studying the relationship between VIX and these four stocks. It seems although these ETFs track...

Looks like SQQQ is now inversely correlated with VIX starting about 11:30.....weird!

Yeah, that's usually how it works! Y'all let me know when you're ready for the bottom to be in, and I will sell it all....LOL

Haha, I really should have waited until today to buy! Pretty sure I'll be in the green by tomorrow, but damn, I've taken quite a haircut so far! The market must be really happy and upbeat. It will be interesting to see what happens when fortune shifts and "the other guy" pulls ahead. I think a...

Yikes! Looks like I zigged when I should have zagged! Deep underwater this morning. Hehe...let's see how today plays out. Need to go get caught up on election news.... EDIT: Yeah, things are playing out like I figured. They will inch one "horse" ahead of the other for a time, then the other...

Despite the currently severe limitations of my trading setup (slow internet due to data cap exceeded, causing excruciatingly painful site loading delays), I still managed to do OK today. Learned a lot from yesterday's fiasco. I'm spending 80% of my mental energy right now dealing with this...

I guess you must not realize that Tesla is a sham company. You really think Musk is some kind of super genius? He's an actor, playing a role. Just like Bill Gates, or Steve Jobs, or any of these other types. They are front men for military and intelligence operations, and always have been. Same...

I'll take what you say into account vanzandt, and learn from it if it ends up being true, although I'm not 100% sure from my own perspective that it's true. I don't know anything about trading (clearly, given that I somehow managed to barely break even on a day that was just a steady upward...

Looks like it was a good day for gains for you all. I didn't do anything worth mentioning, as one might expect from a noob. My approach was totally wrong, plus my network connection and browser both caused problems at a most inopportune time, and I made a few bad moves. Did gain some experience...

If one takes this premarket trading at face value, all worry has been erased since Friday. Markets are expecting a big, roaring day today, one article says, with a gain in the DOW. But I've been seeing nothing but doom and gloom articles all weekend, and even lots of worry and doubt in the "good...

I understand. I'm not a common idiot. I don't care if I lose every penny of my $500. I will just refund the account and try again, with new knowledge. Maybe I shouldn't have mentioned the part about being a noob trader. Every time I do that, I get treated like a common idiot. I should have...

Been doing a lot of reading on these ETFs. What a fascinating world of possibility. Looks like these ETFs you are trading are straight bear funds, so based on market decline and not volatility, unlike the one I was looking at earlier, VXX. Actually that does seem exactly like what I need to be...

On the subject of ideas for next week: I read a comment from someone who said that on the stocks he's following, the 3:00 ramp on Friday was bigger and more obvious than usual. I noticed that also on some stocks I'm watching. I interpret this to mean a selloff is coming on Monday.

Hey there, I just found your thread. I'm a long time reader of ZeroHedge but new to trading. The subject has never interested me before because I'm not really into gambling, especially in a rigged house, but now I want to take advantage of my knowledge of politics and such gained over the years...