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+1 re edge ..... and turn it into specific rules that you try not to break (like my 2day high low rule)

Excellent day today, took profits on several positions, letting most ride. Nice to Finally see inverse premkt gaps I bought today continue up. That's an especially bearish signal, I remember from February selloff.. Challenge will be trading afternoon reversals correctly.

tightening trail stops to lock profits near 2pm #epic win

lol do i trade, yeah i do

Wtg nice DNKN gap! I'm not going to buy any stocks,, just inverses. Will take a hit though if stim passes.. Eager to put size on to sell into spike later this week

Kinda like Bernie = march crash The horrifying likelihood of Pelosi Kamala Biden in charge is making the market say holy fuck. We're taking out March lows. Crash helmet on. Buying SDOW SQQQ UVXY etc

making it rain, baby :D am scaling in weight: 1,000 shares $15,000+

I am long these and bought more premkt today.... go bears!

Good point re recent chop. It'll be interesting to see if today's Monday premkt selling accelerates this week. SDOW SCO SQQQ UVXY gapping up nicely premkt today, go bears!

It's been frustrating trying to figure out inverses recently, I'm also going back in CGC TLRY if they go up more, may try solars JKS etc. I'm still waiting for a long overdue correction.

Unusual divergence in relative strength of inverses lately. Last week SQQQ SDOW seemed stronger than TZA UVXY. Trading SCO as well. Am in small size from last week.... will scale back in to those with best breakouts.

Unlike gambling though, we seek to trade when we perceive the odds are in our favor..... with specific entry setups and risk management. Like doubling down my 8-3 vs dealer 6. Or shoving my A-high flush on the river with an unpaired board.

Exactly. Or like hold 'em. Poker is a game of skill as well. Knowing pot odds, opponent ranges, stack sizes etc... Used to play blackjack for fun using bloch's excellent strategy tips

As in 2016 media bias vs Trump is extreme. Note they don't mention Biden saying no more oil etc. People need to understand just how far left Democrats Kamala Biden etc are, plus massive tax increases and socialist spending they want.

Millions more will die. Covid deniers are fucking morons. Look at hospitals and morgues. Winter is coming. Spanish flu had same problems. It's this next horrifying wave that's about to shock the world. It's normal and smart to be worried. It's a fucking plague with no cure...

Exactly right. Plus, stops should be set based on specific technical signals first, then sized accordingly. Real upcoming Example: I want to buy a breakout in SCO if it gets over $18. I will use 17, prior day's high as stop. I am willing to risk $200.. so I will buy 200 shares. Great topic

Great insights, fun to read.... Biden's biggest huge negative was saying no more oil industry. Trump's was lack of coronavirus plan. Very different values and perspectives, I think overall the difference between them is clear. I hope people won't favor Biden just because he's a nice grandpa...

On the bright side, I bought crude oil short ETF SCO this morning at 16.45 and it's near 17 now :D That's my "Biden wants to kill the oil industry" trade of the day

SCO breakout winner so far today, congrats to all who are in. I bought 16.45, will add at 17.2 I'm a trader, not investor, I don't give af re long term policy etc -- I'll be happy to sell next week near 20 if it runs

Scaled down especially TZA yesterday, rebought it and SQQQ UVXY plus sco this am Am keeping inverses for the weekend