How do you like trading this volatility?

Discussion in 'Trading' started by Laissez Faire, Mar 9, 2022.

  1. KCalhoun

    KCalhoun

    Loving it..... classic trades like end of day UVXY runs today are so easy :D
     
    #21     Mar 9, 2022
    Laissez Faire likes this.
  2. Overnight

    Overnight

    I prefer years like 2017, because that was the year I switched from CL to studying equity behavior which turned me into a perma-bull. (No more messy trying to short and long the oil each day.) And that mind-set got ingrained in my mind so deeply, I developed a BHR strategy. I failed that plan in 2018 and 2020 by panic-selling at the bottoms.

    This one though, for 2022, is a real kick-in-the-teeth because while I could handle the Fed, this Ukraine black-swan is a totally new twist I never witnessed before.
     
    #22     Mar 9, 2022
  3. easymon1

    easymon1

    Man there's enough action to keep you interested if you wanted to do some kind of shorter term trades like maybe holding from between 5 seconds and a couple or 10 days or so. If you went for one micro contract or 10 shares of one of KC's etf trades, it'd let you stretch your legs a little bit. Betcha'd kick some tail if you wanted to.
     
    #23     Mar 9, 2022
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  4. Overnight

    Overnight

    I appreciate the ra-ra go-for-it attitude and the belief that I can do it, but trust me, at this stage I cannot. My slow mind cannot process these high-ranging days. When I started this thing, the whole R:R shit got stuck in my head, and I sat down in front of the charts on a real-time basis everyday for years, and burnt myself out. It is still an option, but for now my mind cannot process this volatility.
     
    #24     Mar 9, 2022
    Laissez Faire and Repoguy like this.
  5. easymon1

    easymon1

    Hell man, what if you used your favorite familiar chart type and set aside 100$ as a monthly loss limit. Maybe trade one micro or 10 shares of a levered etf on one of the 'brick' charts that travel at about the equivalent of a 5 minute chart? Exercise your mojo a little bit.
     
    #25     Mar 9, 2022
  6. Overnight

    Overnight

    Again, I appreciate your thought that I still have the moxie, but I have been beaten down in my mind. My mojo has been washed down the drain like gojo handsoap. Time will tell.
     
    #26     Mar 9, 2022
  7. KCalhoun

    KCalhoun

    Look at VIX chart, strong uptrend vs typical spike n drop.

    I'm trading short crude SCO (high volume breakout today) and UVXY.

    Today bull trap so I bought UVXY SQQQ SCO. Good luck
     
    #27     Mar 9, 2022
  8. Wide Tailz

    Wide Tailz

    It's been great, but you "obviously" need to cut your size when prices are bouncing around like a ping pong ball!
     
    #28     Mar 9, 2022
    Laissez Faire likes this.
  9. Overnight

    Overnight

    There's music for that, too. (of course)

     
    #29     Mar 9, 2022
  10. easymon1

    easymon1

    T-Line Trade 8991 uvxy 5m end of day.png HAMMER AT SUP 7994 sco 5m.png
    this'd sound good with some sax in there
     
    Last edited: Mar 9, 2022
    #30     Mar 9, 2022
    KCalhoun likes this.