I use the 3x etf it is kind of the in between road for me
between a regular etf and options. That's what I love about trading
and investing, it evolves over time, I get to grow as a person,
trader, investor, and make choices based upon my plans that fit at
this point of my life.
Years ago I would have never considered using leverage. It took
years for me to figure out what my lane was and to stay in it
because that is me. I only consider certain things to trade and
instruments. That is sectors and indexes. And I'm usually using
leveraged etfs for trading. I can only be me and be comfortable
with what I'm comfortable with. Who knows maybe I'll try and
options trade at some point. I know many here use them and have
plenty of other friends who use them as well. I'll start small if I
consider it. Less is more. Glad to see everyone profiting here in
their strategies.
Posted by kevindeng0727 on 24th of Jun 2022 at 01:39 pm
Very well said. I learned a lot from Upstart Minervini on this
point. Just sit out when trend is not clear and bet aggressively
when you shoud (like a wave 3 or morning session of a trend
day)
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I use the 3x etf
NICE gains on those SPY options for Bear longSPY
Posted by fundamentalvalues on 24th of Jun 2022 at 01:28 pm
I use the 3x etf it is kind of the in between road for me between a regular etf and options. That's what I love about trading and investing, it evolves over time, I get to grow as a person, trader, investor, and make choices based upon my plans that fit at this point of my life.
Years ago I would have never considered using leverage. It took years for me to figure out what my lane was and to stay in it because that is me. I only consider certain things to trade and instruments. That is sectors and indexes. And I'm usually using leveraged etfs for trading. I can only be me and be comfortable with what I'm comfortable with. Who knows maybe I'll try and options trade at some point. I know many here use them and have plenty of other friends who use them as well. I'll start small if I consider it. Less is more. Glad to see everyone profiting here in their strategies.
Very well said. I learned
Posted by kevindeng0727 on 24th of Jun 2022 at 01:39 pm
Very well said. I learned a lot from Upstart Minervini on this point. Just sit out when trend is not clear and bet aggressively when you shoud (like a wave 3 or morning session of a trend day)