Anyone buying short ETF's ?

[murray t turtle]

SQQQ SOXS the most sold off bc tech strength re covid.. .. I'm thinking best plays during selloff are SPXS SDOW TZA/SRTY UVXY for swings

%%
Im watching TZA/SDOW close; dow+ iwm tend to be weaker

 

[KCalhoun]

%%
Im watching TZA/SDOW close; dow+ iwm tend to be weaker

2 of my favorites for both swing and daytrading. SRTY identical to TZA chart at half the price, but better for swings than daytrading since smaller range.

TVIX UVXY great for daytrading

 

[Snuskpelle]

Logic would dictate that shorting the leveraged short etf's like SQQQ during an up move would pay better than going long during a selloff. Conversely, if there are leveraged long etf's like TQQQ, you may be better off shorting them during a selloff. The easiest thing to do would look at them and figure their move based on the QQQ move, and see for yourself which pays better. SQQQ long, or TQQQ short.

Borrow fees can make it not quite as straightforward, but aside from that valid point.

 

[murray t turtle]

2 of my favorites for both swing and daytrading. SRTY identical to TZA chart at half the price, but better for swings than daytrading since smaller range.

TVIX UVXY great for daytrading

%%
I had planned on cutting reasonable losses on sdow, twm early today; but profits today on TQQQ/related made me slow down. Besides, my worst loss is on twm =its going up on daily/5 days...……………………………………………………………………...
Twm monthly is mostly red, so I may cut even a small loss today.QQQ still looks real strong; but sdow most likely will make a real good move by sept 31.Not a prediction

 

[Evrardmakon]

I have bought short ETFs quite a few times. I believe buying short ETFs gives the trading flexibility and also makes risk management easier. I have also witnessed that there is lower cost engaged in it and I have also acquire tax benefits. So for me, buying shirt ETFs is good to go decision.

 

[KCalhoun]

%%
I had planned on cutting reasonable losses on sdow, twm early today; but profits today on TQQQ/related made me slow down. Besides, my worst loss is on twm =its going up on daily/5 days...……………………………………………………………………...
Twm monthly is mostly red, so I may cut even a small loss today.QQQ still looks real strong; but sdow most likely will make a real good move by sept 31.Not a prediction

Ive found these are best for daytrading or at most a week long swings, using trailing stops. Also learned that buying premkt gaps up is almost always bad, unless gap continuations are strong, so I'm unlikely to buy much premkt today. Trading SDOW UVXY TZA etc

 

[murray t turtle]

Ive found these are best for daytrading or at most a week long swings, using trailing stops. Also learned that buying premkt gaps up is almost always bad, unless gap continuations are strong, so I'm unlikely to buy much premkt today. Trading SDOW UVXY TZA etc

%%
SDOW is up-trending good again;
entry @24/exit @$25.00 limit.[price improvement today/ LOL $25.0012] May get back in again/this week??. Its still going up/ nicely........>7%[edit > 8.7% now]

 

[KCalhoun]

so far so good, using tight trailing stops midday

 

[murray t turtle]

so far so good, using tight trailing stops midday

View attachment 231471

%%
You must have entered srty @ different time from tza;
because @ end of day =almost always same %...…………………………………………………………………..

 

[murray t turtle]

These ETFs are designed to lose value over time, so buying them is like spending money on insurance - you have to refill it regularly, until one day you may be able to cash out.
Not worth it unless your timing is great.

%%
That;
or a bear trend=they do OK. Like the Alan jackson song.says ; ITS all right to be little bitty , big ol town or little bitty city............................................
ity. >54,ooo,ooo video views/LOL