SQQQ UVXY & other inverses: Bear trading tips

RainMaker3000 said:
We might see $100 in UVXY today! Hit a pre-market high of $85,
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Amazing... TVIX VXX UVXY gaps just wow. SQQQ SOXS laggards, JDST DUST look great, I'll be trading most today.

Because of risky wide ranges and volatility, my trade style will be lots of small positions with OTO trailing stops, to automate.

And since I will both swing and day trade them, I will close most but not all shares with conditional trailing stops, as in
Buy 50 SQQQ stop 32.2 limit 32.5 oto trail $3 stop 40 shares

Likely will do up to several dozen trades daily. Only wildcard is circuit breaker halts
 
jghall00 said:
Fed cuts to zero and the market still crashes. Plus no stimulus. This what I get for holding through the weekend. Lesson learned.
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HUH?? Looks pretty orderly to me; haven't looked @ QQQ lately. SDOW + related is still going up , but markets been trading for > one hour, good time to take profits .[MY smaller investment of UDOW- good thing it was smaller investment/LOL-LOL:caution::caution:]
Strange, once you get past gaps, pretty order for a polar bear trend] NOT a prediction.
 
KCalhoun said:
Best plays today were gold bounces NUGT GDX JNUG also MRNA.
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SDOW+ related had such a good run, sold them about one hour after 8;30 CST market open. Hope to get back in, later but that is not a prediction/ not bank insured LOL....................................................................................SDOW is now starting back up, but I may wait until eod+see what longs compared to shorts have done.
SDOW is real extended, may get a bit more extended ??,????? Thanks
 
murray t turtle said:
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HUH?? Looks pretty orderly to me; haven't looked @ QQQ lately. SDOW + related is still going up , but markets been trading for > one hour, good time to take profits .[MY smaller investment of UDOW- good thing it was smaller investment/LOL-LOL:caution::caution:]
Strange, once you get past gaps, pretty order for a polar bear trend] NOT a prediction.
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Sold my puts on Friday and bought some QQQ calls in the last few hours of the session, thinking the Senate and House would pass the stimulus early this week and the fed would cut during it's meeting. I thought the market might pop and I could get my puts back even cheaper. The trend is your friend.
 
jghall00 said:
Sold my puts on Friday and bought some QQQ calls in the last few hours of the session, thinking the Senate and House would pass the stimulus early this week and the fed would cut during it's meeting. I thought the market might pop and I could get my puts back even cheaper. The trend is your friend.
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The trend /friend on SDOW is up also;
but real extended, but above 200day moving average. With 50 minutes until close haven't decided if i'm in or not, yet...…………………………………………………………….
Brokers raising margins tells me a lot concerning risk;
tells me, plenty of risk on upside+ downside.
 
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