I run small hedges with tqqq and sqqq.They are well past that 52 week low. They have lost 12.4% today,down more than on 1987's black Monday and that is with circuit breakers they did not have back then. Everything froze up do to the breakers, otherwise it would have been worse.
Our opening does not look great,unless you are short. SQQQ is currently up 26.46% since Fridays close.
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That's what I am saying to people.As for the stock market and the economy; just get rid of the Democrats and left wing libturd idiots and everything will turn around very quickly!
Period!
My TZA bets are doing great as well. It is up 24+% since Fridays close. I have held short for a long time, I went all in again last week. I have not just been holding though, for most of the last year I would jump out before 2:30pm and managed to stay just ahead. My current position is great for the correction. When the market opens I have a choice. Clear out and take the win, or push this is a 10%+ correction and ride it. I may do half and half.I run small hedges with tqqq and sqqq.
Probably nothing as sophisticated as you do based on what you post.
I favor incrementalism. I set all my trailing stops at 15-25٪. Set my buys and sells at 250 day resistance levels. On days with big moves, I just watch to see what triggers.My TZA bets are doing great as well. It is up 24+% since Fridays close. I have held short for a long time, I went all in again last week. I have not just been holding though, for most of the last year I would jump out before 2:30pm and managed to stay just ahead. My current position is great for the correction. When the market opens I have a choice. Clear out and take the win, or push this is a 10%+ correction and ride it. I may do half and half.
You underestimate how willing the regime media is to support the D brand. They are quite willing to pee on us and convince us it's raining. Watch for articles explaining how the "adjustment" (code for collapse with potential devastating effects) is good for us and we should welcome it.These are things I a very limited understanding of.
However, I can see how a massive crash may not play well for the libs this fall.
"Line go down" doesn't matter to people until they start getting laid off.These are things I have a very limited understanding of.
However, I can see how a massive crash may not play well for the libs this fall.
You underestimate how willing the regime media is to support the D brand. They are quite willing to pee on us and convince is it's raining. Watch for articles explaining how the "adjustment" (code for collapse with potential devastating effects) is good for us and we should welcome it.
"Line go down" doesn't matter to people until they start getting laid off.
Charles Schwab and Fidelity websites are both not allowing logins to the accounts, at least for me.
Charles Schwab and Fidelity websites are both not allowing logins to the accounts, at least for me.
I trade with Chase. It is still up, and trades are working normally. Just cashed out almost half of my positions up 50+% since last Tuesday(I was short). Tax man is going to take a huge chunk to...sigh.I was loged into Schwab & it logged me out, can't login now. I was planning to change but this has galvanized my decision to do it sooner than later.
Amazing how much they say they care about you as a customer until there are big moves than their computers can handle. That's why brokerage firms are in business.Charles Schwab and Fidelity websites are both not allowing logins to the accounts, at least for me.