Best time ever: UVXY TZA SOXS SQQQ

Looking forward to trading these aggressively from here on out. Major crash finally imminent.

UVXY SQQQ TZA LABD SOXS my favorites for both swing and daytrading here.

Will also daytrade pair-trade SOXL/TQQQ on intraday upside reversals. This is a great time to be trading. I am also adding additional funds from cash bank accounts to trading accounts, I can make much better use of my life savings trading right here and now, vs sitting in a savings account.

Let the games begin. :D
 
All the major indices are at 20 or less RSI on the daily. Lower from here will be difficult short term.

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UUP at 81 RSI means the US Dollar is set for a breather. Probably goes sideways to down until the next country breaks.
 
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nitrene said:
All the major indices are at 20 or less RSI on the daily. Lower from here will be difficult short term.
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SPY + related had such a weak close\ i cut a loos on that long + took profits on SH + related. Trends still favor the bear$\ but i seldom look @ 5 minutes charts\ noise..............................................................................Some dividends ETFs are doing OK + pay cash dividends.............................................................
Added some more cash from saving account to SCHW account.
 
KCalhoun said:
Looking forward to trading

This is a great time to be trading. I am also adding additional funds from cash bank accounts
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Make that market money, Ken Calhoun....be a Strike Drone surveying the land calmly, but lethally,
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Last night at the exact time the SPX took out the June low & the NDX was a hair away from it the central bank (England) intervened - this saved the U.S. market - at least for now.

Central banks are still at it. The news will boast how the June low held and claim the bear is over now - so much for a free auction.
 
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Nailed it, went mostly cash into todays open, traded soxl labu etc upside, rebought both inverses and long hedge MARA gdxu eod etc. Mostly bearish, I'm fading this dcb if it drops under today's close. Great prices eod inverses so I bought UVXY 700sh, SQQQ TZA. Markets will likely sell soon, but I did play long, light in case rally continues.

Good time to hedge, pair trade :D
 
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Another epic winning day, yay UVXY SQQQ etc... I'm very bearish, holding 1400 UVXY over weekend plus others SQQQ TZA KOLD SCO SOXS

I'm roughly $34,000 short into the weekend:

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sqqq rockstar :D

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Nine_Ender said:
Myself, zero trades made today. +3k on current positions. 112 round trips is lunacy you are overtrading. At your age, also likely unhealthy. The fact you have to work that hard to make money trading should be telling you something.
Day trading I have some familiarity with it takes a lot of capital and high risk tolerance to make significant money. Exception would be guys trading OPM ( eg corporate ) or guys who already hit the motherlode trading.
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112 would not be a good number for me , but i don't like to type that much\ i remember in typing class the teacher did not seem to love my ''turtle nickname'' like my Mom did\LOL.
NO capital markets are without risk; even the option sellers got caught in 1987.
State Farm/mega profits + plenty of good profitable stocks also\ pulled out of FLA\ burned to badly\storms.
But back to your main point\Dave Ramsey said only about 20% day traders make money, i didn't know it was that hi%.
I'm sure Don Bright DayTrading had @ least one millionaire; but another made a million $ off selling ''pet rocks'' LOL/true:D:D
 
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