Watchlist 8/16: SPXS SDOW UVXY TZA
- Thread starter KCalhoun
- Start date
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Good thing profits were taken THUR/inverse.
SDOW + Dow is correlated to itself. Someone asked a good public profitable Dow daytrader/ ''dont you ever look @ the price of oil??'' ''NO,, he said, DOW is correlated to itself''....................................................................................................
The stocks in your portfolio are all sized differently, ranging from $100 all the way up to $2800 and everything in between. How do you position size, Ken?
Hi.... for swings I start all positions small, under 1k eg 50shares or less of a $20 stock. Then I add/double at 2day high breakouts, or scale out at 2day lows.
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Rentered , sds TECS......+ added to UPRO + qld profits early a bit;
inverse entrys last half hour today
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Rentered , sds TECS......+ added to UPRO + qld profits early a bit;
inverse entrys last half hour today
Right re last half hour inverses.... directionals SOXL LABU strong early
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Good points;
LABU 52 week charts looks big bearish[except today\LOL ],
but good points on SOXL/ 4hour/ 40days/ daiily/uptrend /weekly/ ytd/ 52 weeks/ 2 years/5 years/7years/7.77 years/LOL/10 years/ inception.......................................................................................................SOXL is beating my QLD, have to get some SOXL, if it pulls back good on turnaround Tuesday/ actually i have plenty of longs, wanting to take some profits this week if they don't pull back a lot when i plan on sellin'
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