Curious what your 4 are? I use 4 myself...
- buy a gap continuation
- fade/short gap n crap
- buy a gap fill pivot, eg sells down to prior day high and bounces
- really big gaps sometimes do partial fills for mean reversion pivot
thx...
I too trade leveraged ETF pairs, right re volatility. Main lesson learned is focus on those with biggest gaps outside prior day's range, eg GDX/DUST LABD/LABU today.
Other ok pairs UVXY/SVXY BOIL/KOLD TZA/TNA
I like SOXL but SOXS isn't a good one, similarly TQQQ was great, but until...
Lol... I trade both pre and aftermarket daily, tho likely nowhere as good as dest. Many times there's exploitable over/underpricing. Plus you can adjust size postmarket after futs start trading strong up/down. Plus premkt gappers.
I got back in small size inverses aftermarket, just 9k.... good to see red futs. Will scale in if tomorrow sells off. I like SPXU SDOW LABD TECS VIXY
Blood in the streets, baby. Toldya so. Epic win. #gobears
And if Putin invades Ukraine we get a crash.... :D
Right re forced, things are uncertain with current index charts. I went mostly cash to exit with profits today..... closing this winning chapter.
I'm still very bearish so will buy light size (6-10k) of inverses aftermarket tonight. SRTY/TZA/TWM best Russell inverses. SQQQ/TECS/SARK for...
Right... I was looking at SOXL OXY if long reaction, or SPXU etc if bear reaction, which I traded. Like you say, having a PLAN ahead of time is essential. And sometimes it pays off :D
What the fed actually says is zero fucks given. I'm a trader. Did 60+ RTs today, very net profitable...
Made profits today mostly in the post fed SPXU. also traded SDOW SPXS VIXY. went mostly cash all accounts here, as you saw eod drop making me leery of overnight holds.
But if dow futs -200 or more red later tonight I'll rebuy inverses aftermarket.
Nice day... nailed it
Good call re long bias, thanks. I was going to get heavy overnight in inverses but held off, thankfully, because of your posts.
You saved me a lot of $$ this am. Much appreciated.
for a reason...
Bot SPXU TWM VIXY SDOW aftermarket, inverses up in ah is bearish esp if spoos print red overnight
Will buy a fkload of inverses after 2pm Powell if mkt drops
I nailed inverses today, held overnight sold premkt gaps up, didn't overtrade midday And traded 2k shares SPXU VIXY during eod 3-4pm run. Green day.
Tomorrow Powell the 2pm volatility will be good trading