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

deaddog · Nov 8, 2020

KCalhoun said:
"I sense a disturbance in the force, as though the thread is being derailed " lol

How about you Ken, You got a written plan?

hafez50 · Nov 8, 2020

Wow painful to watch . Shorts blown away the past week . New highs very close .

formikatrading · Nov 8, 2020

Not painful if you're long.

hafez50 said:
Wow painful to watch . Shorts blown away the past week . New highs very close .

murray t turtle · Nov 9, 2020

KCalhoun said:
Good point re gold, GDX strong recently, haven't checked AUY HL GOLD.... smart to follow strong sectors now

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WOW/that short TERM profitable DOW trader had a great/wise quote;
''DOW is correlated to itself'' Funny but true.
Amazing [-% on SPXS-15% last I looked]/good thing I had a resting order on UPRO/for weeks/positive slippage.
Solar is still strong/typical trend selling + buying in that sector...…….. I still like solar/strong sector;maybe more of a roller coaster than UPRO/SPXS, even if not today??
NOT a prediction...………………………………………………………………………………….

volente_00 · Nov 9, 2020

hafez50 said:
Good strategy . Live to play another . Nothing wrong with shorting but always have predetermined stops in . If you lose your capital it’s game over . A friend of mine was determined to catch the “crash “ the last week . I begged him not to short . He couldn’t control his addiction . He got margined out right near the highs at 3480 yesterday . People must learn on their own . They must feel the pain of touching the hot stove till their finger is bleeding to understand . Till you respect the power of the mkt you can never win consistently.

Sounds like you have stupid friends

volente_00 · Nov 9, 2020

hafez50 said:
Wow painful to watch . Shorts blown away the past week . New highs very close .

Sounds like a top to me

hafez50 · Nov 9, 2020

volente_00 said:
Sounds like a top to me

doesn’t matter they were already blown away and forced to cover the open . That was panicked shorts covering . I shorted pre mkt on the panic buying . Holding 1/3 still

murray t turtle · Nov 11, 2020

volente_00 said:
Sounds like a top to me

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Exactly/not a prediction but exact;
uptrending bull market makes a top every day...…………………………………………..

KCalhoun · Nov 12, 2020

Bought SDOW TZA UVXY etc premkt in case market drops, small size to start.. fwiw SDOW had best premkt chart bc gap up above prior days high

uvxy great breakout; swing target 19 easy

formikatrading · Nov 12, 2020

Good day for Ken & Friends!