Another winning day! Daytrading SQQQ UVXY TZA today, sold recent pullbacks here to lock in profits. Will hold several $k worth over long weekend UVXY TZA SQQQ SOXS LABD SPXS Goal is to scale into $30k minimum worth of inverses if selling continues next week
Long CCL here. Made a nice little win. Thought about some SQQQ but then TQQQ put on a rally and I was glad I waited. I really think we will see the NASDAQ retrace the dip, or most of it, by the end of Tuesday. TSLA? I think it will be driving the move. So if you want to sell something short, short SQQQ hahahaha!
%% I dont generally hold inverse etfs much/overnite in a bull market; but last time I did that on sqqq/did well. SQQQ / + related up better than7.777 % for the week. IF I had known QLD was going to bounce up like that up from 50dma /would have bought more of it /LOL...………………………………………………………………………………………………………………….
Right re not holding much size in inverses overnight, I'm in just a bit. Interesting the biggest selloff inverses like SQQQ LABD SOXS have been strongest lately. Will focus on those plus SDOW TZA UVXY if mkt drops
%% SDOW has had some good moves; but I have enough stuff with upro/spxl/tqqq,qld/sqqq/tecs/LOL...……………………………….[Also looked a FTEC ;on a good day its partly semi liquid/intraday gaps.Looks like large bid ask gaps/LOL]
%% That worked well again/sqqq + related; but what works in FEB/SEPT may not work well most of the time...………………………………………………………………………………………………………..
here's all my positions, for swingtrading inverses, holding over weekend will aggressively scale in if they go up next week. feels like movie "Groundhog Day" lol
%% SQQQ, other inverse tech,SPXS………. held up well; caught a bit of the move/planned on out by 1;00 cst.Easy to get back in Monday if wanted[I lost about 4% on a sdow swing/not much but sqqq+ related ……. moves so much better.From fundamental facts sdow should go down a lot more/LOL]
Yeah the inverses move differently SQQQ vs SDOW. Main trading signal I use is 2day high breakouts with volume confirmation