Good question, and right re full position exit with hard stop on day of entry if hit. Starting the next day I scale out at 2dlow if it moves against me, or scale in if it goes up, in my favor
I sell most, 2/3 if it loses 2dlow, remaining shares if trend drops 2dlow again the next day
More conservative on winners, eg add 30-50% at 2dhighs
Process is everything
Thx, if it's liquid/decent volume I'll buy 2highs..... with range.. I trade SQQQ but it's range is too small for daytrading
https://seekingalpha.com/news/3767705-short-innovation-inverse-arkk-etf-launches-from-tuttle-capital...
Something like that would be a lot of fun like a Disney ride, us trading nerds could pay a couple hundred dollars for a full day adventure. I'm up, what do you guys think?
Curious if futs will be strong red or green, or flat, soon. Cpi ppi out early next week too, for more volatility. I bought 300 uvxy fri close, prolly fkd on that mon
30-year high inflation + record unemployment + plague thats killed millions + trade war with china + socialist high-tax white house + record-high crime + tapering on the way + bond yields = ath stock market rally.
seriously wtf
but why ask why, its an insane world, just go with the flow : o
it's still a fed-printing machine bubble, but i'm focusing on daytrading whatever's gapping daily. may swing PFE F and infrastructure plays. especially keen on F if it gets > 20 for a few days, as ev play... "F, the new tsla"?