UCO/SCO and BOIL/KOLD big moves
- Thread starter KCalhoun
- Start date
Put out a stink bid that got filled on KOLD near the bottom. will add if it bounces. Tight stop loss though. I see UVXY has been trending up.
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LOL. I was just pennies away from my stop loss when it turned. 
LOL. I was just pennies away from my stop loss when it turned.
You shouldn't get too excited about those random, weird, lucky moments in trading -- that just makes you more of a happy-go-lucky Gambler. and a wild-eyed gambler, is definitely not what you want to be in trading.
Your luck will inevitably turn, your trades will turn, and your account will turn. Don't be a turn trader.
Be a trader who has a firm, but relaxed and calm, grip on the steering wheel,
I do play those "happy go lucky" trades on occasion. It sure kinda makes a boring day a little more exciting. Well over 90% of my trades are based on fundies and/or technicals. I'm not a know it all by any stretch but I've been at this for over 20 years. I know you're offering advice and sound advice it is. Thanks, I appreciate it. Happy trading...
KOLD big spread,,, right uvxy I traded 1600 shares during the run to .4 area and am scaling back in at new highs
You must see something there that I'm missing. My charts are saying the markets are headed down but not for a little while. Maybe tomorrow aft I'll start buying a few puts. I'm out of KOLD with a nice little profit. sold half my TQQQ.
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YES i still have my UCO charts , in my mind for sure\ but with TX Tea so far off its $150 HIGH, not yet; doing UPRO/FNGU, but those are counter trend...................................................................
on my hit list, buy + sell SDOW, spxs, spxu, spxl, sqqq, tza/ rwm TWM / except not buying QLD.
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HEADED down/ HUH?? \\\Maybe TQQQ, Not SH or SPXS, spxu TTT
= still goin' UP most trends, not a prediction. Congrats on tqqq, its like FNGU good trade................................