Here is a handy web site for stock splits.
Direxion Shares ETF Trust - Daily S&P 500 Bear 3X Shares Stock Split History
Who else thinks a Correction or CRASH may be coming? My top call #2 1/9/2021
- Thread starter KCalhoun
- Start date
Direxion Shares ETF Trust - Daily S&P 500 Bear 3X Shares Stock Split History
Not providing investment advice. Just my own thoughts.
We're in a synchronized early cycle regime. There could be a major blowup/scare, but unless the vaccine rollout is severely hampered then I don't see a crash as imminent. Will there be cooldowns and the potential for a correction? Yes. So if you have levered positions kick them FO, IMO.
We're in a synchronized early cycle regime. There could be a major blowup/scare, but unless the vaccine rollout is severely hampered then I don't see a crash as imminent. Will there be cooldowns and the potential for a correction? Yes. So if you have levered positions kick them FO, IMO.
What's your stop loss criteria? Or is this keep throwing money at your feeling of a top? Where does the pain get to be too painful? And what's your time frame? Imminent? 6 months and you're just building a position? It sounds like you're doing a fair amount of active trading on this position. Why's that? Is it a position, or are you just trading with a bearish bias?
I think this thread has a chance to be educational if you follow through with it until you reach the end of your play (either capitulation or target reached). I'd love to get a read on your learnings afterwards.
I think this thread has a chance to be educational if you follow through with it until you reach the end of your play (either capitulation or target reached). I'd love to get a read on your learnings afterwards.
Last edited:
Yes
3350/3400 touch from 3800
3350/3400 touch from 3800
I continuously scale in and out daily using 2day high vs lows, both daytrading and swingtrading. I overtraded inverses due to fomo post March following earlier success feb/march.
Current strategy is to swing trade only in one account to build positions slowly to let winners run with looser trailing stops...... and both day and swing trade in another account using tighter stops.
Granted leveraged inverses are risky, but payoff potential is big. The biggest challenge is, when they spike it's brief, a few weeks max, then drop... so how to trail stops for max profits? Best solution I can think of is multiple positions with staggered entries and exits.
Lmk anyone if ideas, eg look at 1year charts of inverses to see what I mean. I profitably traded VXX intraday during the flash crash years ago, I like trying to figure it out.
You will not agree but your idea of inverses and vol products is not optimal. It is extremely rare for vol to spike as it did in March. Holding inverses overnight is a fools errand.