right volpri re not as good for scalping.... no time & sl shakeouts... how i scale is for daytrading long 15-20 minute runs like how i traded...
Thanks realmoney re http://www.market-topology.com/correlation/sqqq?etf=1 excellent tool; thats exactly the type of resource that can help. :)...
I only add to winners most of the time; rare exceptions are if it gaps down & bounces or is at a key support level (pd low or whole number)... in...
right rm ... as a 20-year veteran tape reader, I'd add: a) mkt makers work reserve order flow into t&s 100-300 shares at a time vs big 10k...
ps see what i mean re i trade too small? w/my experience shouldve been in 1k - 5k shares vs 300. big grrrr i should get a sign made up that...
bought back in :) about to trail stop out of 200 @ 20.65; I'm in 300 i love tvix [ATTACH]
when scaling in i use wide 2nd entries & tighten stop to breakeven a practical example: - fri i went long 300 tvix at $20/share - yesterday i...
brilliant quote, agree re "5-10% of all trades account for 90% of profits"
tru dat, would come as no surprise .... someone's gotta create the 'trmp tweet trading app' :p
DUST is a bust... will start diversifying & buy back into SOXS LABD etc if they go up tue/wed ... fwiw here's all my positions in this acct .....
very smart, you're exactly right ... i use wide range candles & 50%SD/mean reversions a Lot i like your range calculation approach; thx re...
lol good point Mark; data rules... right Murray re 200 sma, btw note last 2x S&P lost 200 sma we got immediate headfake/pivot back up, so this...
good point re cross-hedging; I've tested imperfectly correlated pairs like TVIX / TQQQ and that works on strong but not choppy days... for all-mkt...
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I believe there is epic best-i've-seen since '99 profit potential in swing/position trading inverse etfs/etns like TVIX/VXX, SQQQ LABD SPXS (SDS...
+1 TVIX I trade daily, SQQQ my other favorite inverse ... my biggest fomo is not letting swing trades in both run profitably for a long time, i...
i won my first vegas hold 'em tournament 6 years ago; i prepped years earlier by doubling a pokerstars sim account (1 to 2M i think, over many...
well said; great points! true re "dollar volatility adjusted sizing" is a pita, eg X# shares TQQQ means Y# shares SQQQ since priced differently....
good points, makes sense to test ... for intraday I'm testing the idea of 3 decisions/actions each day 1) morning orb, 9:30-10 2) check both...
fwiw here's some notes[ATTACH] [ATTACH] [ATTACH] [ATTACH]
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