I largely solved that by using sequences of OTO orders with trailing stops. Re-entries are the secret. eg buy 500 UVXY 12.05 with .08 trailing stop Buy 500 12.16 with .08 ts etc
Waiting for some kind of relief rally so I can gear up for a pivit, but the market just keeps getting slammed. Shorting it now feels sooooooo wrong!
%% Actually when the airline Capt says you may take your seat belt off\ i do loosen it\ like wider, longer moving average...................................................
Not gonna lie, went long 100 sqqq at the open today, no setup, no system. I just can't take it anymore, it keeps going down! This is probably why I keep losing.
Just keep shorting the market. All the market ever does is go down. You know this. You have seen it's action over 100 years. Can't you see what the market does? Keep shorting it you foolish mortal! Why are people this dumb??!!? Why the hell don't they just keep SHORTING THE MARKET FOREVER! DUH?!?!?
I'm not going to let myself cut losses on this one. Gonna punish myself and let it get worse and worse, to condition my senses for the big swingz that happen when you are totally right and go all in with MAXIMUM LEVERAGE!
That's what trading is all about....being right, with leverage, And doing that over, and over, and over, and over again, Turn a firecracker or sparkler account....into a tactical nuclear bomb account, And truly make a Killing in the Shock market,
Yer a real trooper. Yer like me, but on the other side of the spectrum. But I will not do max lever, because I have seen what can happen in these market conditions.