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Bullboard - Stock Discussion Forum BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

TSX:HVU - Post Discussion

BETAPRO SP500 VIX ST FTRS 2X DLY BULL > Sometimes I hold overnight...
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Post by DSurfer on Mar 16, 2018 8:13am

Sometimes I hold overnight...

What I like on a sideways or upward trend is to hold 1 third of my buying power.
So if it goes, either way, I don't really care.
Gap up, I would sell and run with the profit while watching a 15 sec autorefresh 1-day chart.
Gap down, I don't buy right away. I wait patiently look for a huge difference in price range before buying.
Cash remaining in the account is very important.
Works well with HVU and HGU for now anyway.
Also, I hate holding a huge position in penny stock.
It could take years before any gains appear.
We must be active with something liquid with volume and great % ups or downs.
Stay away on a downward trend. The D always scares me, I prefer the U.
That's what I think. Good morning to all active traders.
Just another day watching for opportunities.
DS
Comment by MichaelRyan on Mar 16, 2018 9:40am
This post has been removed in accordance with Community Policy
Comment by LongGuy on Mar 16, 2018 12:34pm
Good trading stratagies there DS. I use to trade HGU...been away from it for few years now.  How's that working out for you? Trading D seems to workout for me hod/hnd...shorting is always a bit of mind game so I can see your frustration with D. LongGuy
Comment by DSurfer on Mar 16, 2018 12:54pm
I'm in HVU now at an average of $21.80 HGU, ain't exciting as HVU that's for sure. Got some HGU (the miners) and waiting patiently for the Gold to shine again. Tripple witching day, hummm... how are things lining up for next week ? DS
Comment by DSurfer on Mar 16, 2018 1:02pm
"DEFINITION of 'Triple Witching' Triple witching occurs when the contracts for stock index futures, stock index options and stock options expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December. Triple witching days, particularly the final hour of trading preceding the closing bell, can result in escalated ...more  
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