UCO/SCO and BOIL/KOLD big moves

Discussion in 'ETFs' started by KCalhoun, Jul 7, 2022.

  1. KCalhoun

    KCalhoun

    Anyone else trading these? I got uco, now looking for bounce kold
     
    murray t turtle likes this.
  2. Put out a stink bid that got filled on KOLD near the bottom. will add if it bounces. Tight stop loss though. I see UVXY has been trending up.
     
    Last edited: Jul 7, 2022
  3. LOL. I was just pennies away from my stop loss when it turned. :)
     
    murray t turtle likes this.
  4. You shouldn't get too excited about those random, weird, lucky moments in trading -- that just makes you more of a happy-go-lucky Gambler. and a wild-eyed gambler, is definitely not what you want to be in trading.

    Your luck will inevitably turn, your trades will turn, and your account will turn. Don't be a turn trader.
    Be a trader who has a firm, but relaxed and calm, grip on the steering wheel,
     
  5. I do play those "happy go lucky" trades on occasion. It sure kinda makes a boring day a little more exciting. Well over 90% of my trades are based on fundies and/or technicals. I'm not a know it all by any stretch but I've been at this for over 20 years. I know you're offering advice and sound advice it is. Thanks, I appreciate it. Happy trading...
     
  6. KCalhoun

    KCalhoun

    KOLD big spread,,, right uvxy I traded 1600 shares during the run to .4 area and am scaling back in at new highs
     
  7. KCalhoun

    KCalhoun

    fwiw i like SQQQ here at 50.5, not a reco. im buying
     
  8. You must see something there that I'm missing. My charts are saying the markets are headed down but not for a little while. Maybe tomorrow aft I'll start buying a few puts. I'm out of KOLD with a nice little profit. sold half my TQQQ.
     
    murray t turtle likes this.
  9. %%
    YES i still have my UCO charts , in my mind for sure\ but with TX Tea so far off its $150 HIGH, not yet; doing UPRO/FNGU, but those are counter trend...................................................................
    on my hit list, buy + sell SDOW, spxs, spxu, spxl, sqqq, tza/ rwm TWM / except not buying QLD.:caution::caution:
     
    KCalhoun likes this.
  10. %%
    HEADED down/ HUH?? \\\Maybe TQQQ, Not SH or SPXS, spxu TTT:D:D:D = still goin' UP most trends, not a prediction. Congrats on tqqq, its like FNGU good trade................................
     
    #10     Jul 8, 2022