Anyone buying short ETF's ?

Discussion in 'ETFs' started by united_forces, Jun 21, 2020.

  1. %%
    Im watching TZA/SDOW close; dow+ iwm tend to be weaker
     
    #11     Jun 21, 2020
    KCalhoun likes this.
  2. KCalhoun

    KCalhoun

    2 of my favorites for both swing and daytrading. SRTY identical to TZA chart at half the price, but better for swings than daytrading since smaller range.

    TVIX UVXY great for daytrading
     
    #12     Jun 21, 2020
    murray t turtle likes this.
  3. Snuskpelle

    Snuskpelle

    Borrow fees can make it not quite as straightforward, but aside from that valid point.
     
    #13     Jun 21, 2020
  4. %%
    I had planned on cutting reasonable losses on sdow, twm early today; but profits today on TQQQ/related made me slow down. Besides, my worst loss is on twm =its going up on daily/5 days...……………………………………………………………………...
    Twm monthly is mostly red, so I may cut even a small loss today.QQQ still looks real strong; but sdow most likely will make a real good move by sept 31.Not a prediction
     
    #14     Jun 23, 2020
  5. I have bought short ETFs quite a few times. I believe buying short ETFs gives the trading flexibility and also makes risk management easier. I have also witnessed that there is lower cost engaged in it and I have also acquire tax benefits. So for me, buying shirt ETFs is good to go decision.
     
    #15     Jun 24, 2020
  6. KCalhoun

    KCalhoun

    Ive found these are best for daytrading or at most a week long swings, using trailing stops. Also learned that buying premkt gaps up is almost always bad, unless gap continuations are strong, so I'm unlikely to buy much premkt today. Trading SDOW UVXY TZA etc
     
    #16     Jun 24, 2020
    murray t turtle likes this.
  7. %%
    SDOW is up-trending good again;
    entry @24/exit @$25.00 limit.[price improvement today/ LOL $25.0012] May get back in again/this week??. Its still going up/ nicely........>7%[edit > 8.7% now]
     
    #17     Jun 24, 2020
    KCalhoun likes this.
  8. KCalhoun

    KCalhoun

    so far so good, using tight trailing stops midday

    24junb.jpg
     
    Last edited: Jun 24, 2020
    #18     Jun 24, 2020
    murray t turtle likes this.
  9. %%
    You must have entered srty @ different time from tza;
    because @ end of day =almost always same %...…………………………………………………………………..
     
    #19     Jun 26, 2020
  10. %%
    That;
    or a bear trend=they do OK. Like the Alan jackson song.says ; ITS all right to be little bitty , big ol town or little bitty city............................................
    ity. >54,ooo,ooo video views/LOL
     
    #20     Jun 26, 2020
    guru likes this.