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

[murray t turtle]

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Profits still ride on spxs;
took profits on ERY@$78.888 area/market order.
Semi liquid energy bear/I think that Proshares was reduced by company from 3X to 2x, if I remember right...…………………………………………………………………………………………………………………..NOT sure if BP huge monster loss had anything to do with it, today?? {Another strange pattern; gasoline bids still dropping @XOM,MRO , even with hurricane season ,hurricane.....]

 

[KCalhoun]

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Profits still ride on spxs;
took profits on ERY@$78.888 area/market order.
Semi liquid energy bear/I think that Proshares was reduced by company from 3X to 2x, if I remember right...…………………………………………………………………………………………………………………..NOT sure if BP huge monster loss had anything to do with it, today?? {Another strange pattern; gasoline bids still dropping @XOM,MRO , even with hurricane season ,hurricane.....]

Thx re ery; gold bear DUST up too. Right re SPXS, it and SRTY good leverage.

Today UVXY SQQQ best gap runners.

I tightened my trailing stops on most positions 70% of shares to bank profits in case market bounce by eod. Learned that the hard way.

 

[murray t turtle]

Thx re ery; gold bear DUST up too. Right re SPXS, it and SRTY good leverage.

Today UVXY SQQQ best gap runners.

I tightened my trailing stops on most positions 70% of shares to bank profits in case market bounce by eod. Learned that the hard way.

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I'm still exspecting a weak week for dow,maybe spy;
good for spxs,dxd,sdow…………...……………………………………………...ERY has had some good trends; BUT like FAZ= it is a roller coaster /LOL
Actually an inverse etf like ery helps oil companies- Art Cashin says ''shorts help fuel the rally/LOL/true ''...…...…………………………...……...………………[Still in SPXS, but made profits on TECS,dxd,ERY,today…......………………………......……..[IF I was only in SPXS alone inverse /would have sold it today, already/10;48 CST]]

 

[KCalhoun]

Good points, FAZ is strong recently so I bought some. Usually it's finance, small caps and tech that lead markets up and down. So FAZ TZA SQQQ look great especially if they take out 20day highs

 

[JesseJamesFinn1]

NAILED IT

tightened trailing stops now 11:10am to lock profits

View attachment 242614 View attachment 242615

I got two nice carry-overs, SRRK and TUP I recommended to a friend in a Private thread. Still can't get myself to sell Tup.

 

[KCalhoun]

updated trailing stops fwiw 1:45pmET nice green day -- go bears!

 

[KCalhoun]

6:20pmET sold a lot of inverses aftermkt to lock profits in case adverse gap tomorrow; remembering my "buy the dip, sell the rip" lessons learned

up $1100 today -- woot

current weight:
$6000
475 shares

 

[JesseJamesFinn1]

updated trailing stops fwiw 1:45pmET nice green day -- go bears!

View attachment 242637

Great patients, glad you crushed it! Looking at the ten minute chart do you think I violated any rules by buying BGFV at $6.20 during its collapse? I bought it originally at $4 sold at $8, bought back at $5.9 and sold at $7.50, bought at $8 sold at $9.00. Today with no BGFV I thought it was worth the risk, would you have considered it a falling knife trade? Thanks Ken!

 

[KCalhoun]

Great patients, glad you crushed it! Looking at the ten minute chart do you think I violated any rules by buying BGFV at $6.20 during its collapse? I bought it originally at $4 sold at $8, bought back at $5.9 and sold at $7.50, bought at $8 sold at $9.00. Today with no BGFV I thought it was worth the risk, would you have considered it a falling knife trade? Thanks Ken!

bgvf nice v shape; no re falling knife, playing pivots off whole # bounces is smart; wtg

bought a few k inverses premkt

 

[JesseJamesFinn1]

Thank you!