Search results

  1. M

    4% one try, or 1% and 4 tries?

    %% Exactly; + his larger stop sounds much better unless he is daytrading. Since he mentioned swingtrading; a1% stop sounds useless except to waste time + money. However if he wants peanut profits, 1% swing trades stops may work with one share/most likely find a profitable pattern with SPY...
  2. M

    Balancing the Side Hustle

    %% HE CAN do that. But using leveraged derivatives learning to trade is a good way to blow up an account.This is not advice/its so basic its simply a trend copmment. But it can be a good thing to learn with leverage; its the costly stuff we remember...…………………………………………………………………………………………………………….
  3. M

    Can a consistently losing strategy be profitable if I do the opposite of it?

    %% Most likely would be profitable if you are on right side of the main trend +slippage is reasonable. A consistanty losing plan on 1 or 5 minute charts will most likely not work, even if flipped; many data feeds dont even work right on 5 minutes/get rich quick. Trading for dividends as a #1...
  4. M

    (poll)Will the stock market crash hard by end of 2020?

    %% Looks like judge Amy is a game changer/conservative control most likely. 2009 was chicago crook commander in chief/ market did well except for 2 months. 1987 was mostly good except for 3 months down/so not likely any one person could goof up all us economy. Even when that chicago crook...
  5. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% I considered it for spxs, but cut a 0.5% loss Friday; even though Mondays are down enough for that to make sense/cents some!!!!! Took profits on swing cash tech etf+ tech x2 ETF...………………………………………………………………….
  6. M

    Gambling or investing?

    %% Depends on what + where you are counting; we never considered counting cards in monopoly/throwing those dice gambling. Counting cards in blackjack wins is considered the worst sort of gambling you win+ may get kicked out of the house/LOL Every now + then a low probability trade makes...
  7. M

    Gambling or investing?

    %% NO, not the get rich quick crowd; investors /traders may make it work /with work...………………………………………………………...
  8. M

    Holding for stock Dividends is a near total waste of space

    %% Exactly; + they pay you+ capital gains sometime...……………………………………………….
  9. M

    How Much Are You Risking On Each of Your Bets?

    %% I stopped trading options also/not enough profit/to big a bid ask spread. 3rd Friday week is a good marker, except in etfs/time is your friend
  10. M

    How Much Are You Risking On Each of Your Bets?

    %% 7% or 8%PP/product price. Sometimes less; one time i saw SDOW got in a trading range, it doesnt make 24% in one week often anyway/so cut sdow @a 4% loss.
  11. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% I like SPXU +SPXS; as far as today= raised my price a bit after some time/ to get in spxs. SPXS has a great dividend + volume..............................................................
  12. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% Looks like you re up on sdow...................................................................bought some more tech ETfs/out of SPXS LATE TODAY+good
  13. M

    How Much Are You Risking On Each of Your Bets?

    %% OK, say you have 7 ETFs, like QQQ. Risk 7% or 8% on each one, to make 24 % /but never buy all those ETFs @ same time or same sector............................................................................. Actually IBD formulae is for single stocks which is proven, but more risky/rewarding...
  14. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% About 3 hours 'till close; looks like SPXS/SPXU beats SPXL/UPRO, so far so good today. took some profits on tech x2 longs ETFs. NOT a prediction ,simply a trend comment/LOL.........................................................
  15. M

    How Much Are You Risking On Each of Your Bets?

    %% That's sounding real close to IBD math; risk 7or 8% for $24 or 24% per position. That can work well for ETFs also; different for shorts/invrese ETFs Most+ many mutual funds risk 95%-99%= could work well if one get paid on AUM/LOL. Maybe why only 20% beat SPY benchmark, over 10 years.
  16. M

    How I'm Trading the Volatility: Live trades (Jan)

    SDOW still looks good on weekly/considered buying some today; but even SDOW outperforms SPXS. I prefer liquidity of SPXS/ but easier to figure SPXS with UPRO/SPXL. I was looking @ weekly chart on WSJ, DOW,SPY,NasdaQ on the turn around week last week of 2018/20191st week[ Christmas eve week]...
  17. M

    How I'm Trading the Volatility: Live trades (Jan)

    NOT a prediction; looks like QQQ goes up this week/50dma; SDOW still looks like weekly chart may close up again/it only lacked$ 00.07 closing up last week.............................................................................................................
  18. M

    Global Impact of a “Blue Wave” Election Outcome

    %% OH is strange in that it is a great forecaster in President elections since 1944. Good thing Biden is no tax cutter + no NRA Life member /LOL. The only time its failed was they voted Nixon/Crook over John Kennedy,tax cutter /NRA life...
  19. M

    How I'm Trading the Volatility: Live trades (Jan)

    %% Strange; i've mde more per week on qqq/QLD . On 52 weeks/tqqq will not know 'till DEC31.............................2020
  20. M

    How Much Are You Risking On Each of Your Bets?

    %% On options?? 00.00% I did some of that years earlier.................................................................More cash + 2x, some 3x TFs....................................................................Less = more. 7 or 8 scale positions on average for what i want to risk Less on...
Back
Top