Winning day: swingtrading inverses SQQQ SDOW 2dh breakouts

[KCalhoun]

Up a bit today, held inverses over weekend; daytraded in & out today as well

holding tiny positions overnight again, will scale if they go up >100shares per position; mostly cash overnight

i learned the hard way to not hold size overnight initially; "start small then snowball" into size

 

[KCalhoun]

fwiw I like to day trade the open, and 3-4pm on volatile days.

I make swing trading stop-out decisions premkt and scaling in/out trades 3:30-4pm

 

[R33C0]

Thank you Ken,
I like the leveraged etf's myself.

 

[KCalhoun]

Scaling into SQQQ TZA for swing.

Look at recent buying volume on 6month daily chart.

Inverses like SQQQ TZA SDOW SPXS great when markets drop.

Anyone else buying them? My goal is to be long $30k worth of inverses by the time S&P hits 3000.

 

[murray t turtle]

Scaling into SQQQ TZA for swing.

Look at recent buying volume on 6month daily chart.

Inverses like SQQQ TZA SDOW SPXS great when markets drop.

Anyone else buying them? My goal is to be long $30k worth of inverses by the time S&P hits 3000.

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Yes\ have an order in for spxs in @ monthly low of$4.30/looking @sdow/dxd.
CUT a small loss on spxs early this[$4.59-4.35] WITH low or no comissions sometimes it pays not to add to it \just cut a loss
But since its a bull market/ took larger profits on SPYG today/fdn early this week.SPYG drawdowns less than many of them...........................................................Markets close early

 

[murray t turtle]

Up a bit today, held inverses over weekend; daytraded in & out today as well

holding tiny positions overnight again, will scale if they go up >100shares per position; mostly cash overnight

i learned the hard way to not hold size overnight initially; "start small then snowball" into size

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Good thing you did exit on SPXS\went down from there.
SPXS going up late friday morning/unfilled order/so getting back scale in UPRO@$69.93.Finnaly got filled spxs $4.3595/did not look like with 45 minutes to close it would hit 4.30/LOL
Considered taking profits on IBUY+ other tech etfs;
but profit take did on FDN@199+ its $207 area/206.62 now................[NOT likely to go down 50%/in one day+ like your latest DEC magazine article chart did/Hertz/LOL]