Posted by fluffycone on 25th of Sep 2014 at 07:56 am
When you provide a trade idea like SDS on 2014 Sept 22, is that
for a typical one day trade, two day trade, 1 week trade, when
price hits a target, OR some other metric?
Fluffycone...great question. It can be from anywhere from a day
trade to several days depending upon the market conditions.
One must adjust accordingly as we've seen over the past few
trading days. Until the market reconfigures to the downside,
SDS is to be viewed as counter trend and thus best viewed as a
hedge or trade short (versus a longer term swing). I can discuss
further if you reach out to me via a private message. Inflection
points are always more difficult.
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Duration of Trade Ideas?
Posted by fluffycone on 25th of Sep 2014 at 07:56 am
When you provide a trade idea like SDS on 2014 Sept 22, is that for a typical one day trade, two day trade, 1 week trade, when price hits a target, OR some other metric?
Thanks,
Fluffycone...great question. It can be
Posted by steve on 25th of Sep 2014 at 09:23 am
Fluffycone...great question. It can be from anywhere from a day trade to several days depending upon the market conditions. One must adjust accordingly as we've seen over the past few trading days. Until the market reconfigures to the downside, SDS is to be viewed as counter trend and thus best viewed as a hedge or trade short (versus a longer term swing). I can discuss further if you reach out to me via a private message. Inflection points are always more difficult.