Ken -- you finally trading bigger size?
Nailed UVXY over 13 with 1700 shares#gobears
Beginning of a bear market 2022?
- Thread starter vincentnyc
- Start date
If Ken Calhoun hasn't gotten big in three decades of trading yet, the probability of him breaking out of his shell and coming into his own and into a new dimension is slim.
Same thing for all traders, new traders, prospective traders and older traders. I personally give everyone a decade, tops, to find your way. If nothing then, oh well. I don't know what to tell you.
Usually the best traders tend to explode and rocket and solidify their way after around being in this game for a decade or so. Several or so years of very average nothingness, then Boom.
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That would require a complete rethink on most of what he chooses to trade. Leveraged etfs and trying to guess reversals on highly speculative stocks just aren't scalable trades. Nobody playing meaningful money should be playing for KOLD an etf on a one year 97% downtrend to reverse or some pot stock to find it's footing. At least not as a core strategy. Trying to force the issue is a recipe for a blow up, unless you have deep pockets and a willingness to risk the capital.
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I see too much panic.
This is the unmistakable sign that we are going to see rises soon.
This is the unmistakable sign that we are going to see rises soon.
I trade volatile instruments daily and often do well, like today's SQQQ UVXY wins, and yesterday's KOLD wins. Yes they're risky.
Look at 1 year KOLD chart. Irresistibly good bounce setup imo.
Yeah you definitely use it as the Proshares & Direxion people meant it to be used -- leveraged day trading.
I like to use it for medium term "investing" especially the leveraged sector funds. ERX & GUSH are up like 150+% YTD, at least before today.
6/13/22….uh oh…Futes is down again. Could today be the day for a bloody Monday?
6/13/22: WHAT A BEAUTIFUL DAY TO SHORT THE STONK MARKET TODAY!