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Watchlist 8/20 SDOW UVXY TZA/TNA SQQQ

Well I'm in small size inverses yet again and will scale in for both day and swings TZA UVXY SQQQ etc

And expect the Democrats to make ftt for futures and forex too "If it moves, tax it" = dem war cry

I was pleased to make a few winning UVXY trades today, though took a stop trying to buy pivot in DAL. Bought a few $k of SQQQ TZA SRTY UVXY etc for overnight hold in case market selling continues tomorrow

Well I made a few wins just now trading UVXY bounce. Hey news flash, shocked lol to read Fed officials expect that coronavirus will ‘weigh heavily’ on the economy, minutes show https://www.cnbc.com/2020/08/19/fed-minutes.html

If I was in cali and power/ac went out I'd drive around in car for a couple hours with ac on..... bad timing especially for seniors

Really interesting reversal this morning, looked like a news related drop then full recovery, hmm wtf

Agree, your points make sense. Example I bought UVXY near lod today for pivot win, sl set just under lod

8/18 Today's Watchlist: NIO OSTK GRWG REDU GOLD GDX SLV

Gold up nicely today GDX GOLD premkt gaps

What's your preference? I typically use small size, large stops, eg 50 shares with .60 stops for daytrading stocks and ETFs (doing up to several dozen trades daily) An alternative would be for example 300 shares with .10 stops Tradeoffs include being shaken out of trades more often with...

Can someone do the math? If I buy 100 shares at $23/share and sell an hour later at $23.7/share, what's the ftt? Let's say I do that 5 times in a day. Also ftt applies to losing trades, too - right? Nightmare when compounded

Very smart insights re labor attracted to other industries, hadn't thought about it. When I was with Ford in early 90s we had tons of smart engineers. Times change.

Bottom line: if Democrats get in control, we're fucked. Vote Republican. Just say no to Pelosi, Biden and Kamala. Or you can't trade as profitably anymore. Plus big fking income tax increase...

will see if gold stocks and ETFs get buying today. If they gap n crap I'll buy DUST, otherwise I'll buy if breakouts continue

Democrats will definitely push hard for ftt,, it's an easy target and stock daytrading may no longer be viable. I wonder if it would apply to trading in SEP IRA as well as cash accounts?

COD and battlefield are epic. Also great: assassins creed, doa5, god of war, gta, mk, nfs

What's your favorite entry patterns? I like small <1 point gaps up on stocks and ETFs in the $15-$40/share range for daytrading.

It's too big a target to pass up, dems will unfortunately likely succeed re ftt

I'm very concerned about the very real likelihood of a ftt passage if Biden wins