I have been using those (UPRO and SPXU) for day trades. The gains are small but compounded produced 40% for me last month. Averaging about 2% per trade. IMO they work extremely well for dat trading and I cut my position usually 1/4 to 1/2 for an overnight trade. My average trade size was around 10k. Hope this helps.
I started with a $1000 account and proved my strategy works. Then started compounding my profits and also added more cash the account. God knows I have made massive mistakes and honestly as long as you are strict with yourself and stick to whatever strategy you have. You will kill it! I can bet my account on it 😊
So far, I've only made 2 small mistakes. But trying to do my own TA then looking to others for confirmation and overall I'm up. Funny though six months back I didnt think it would involve this much work, man was I wrong lol
No good thing in life comes easy. I think my biggest mistake for the longest time was really focusing on final goal. It’s rather the journey of peaks and throughs that we need to enjoy. Also, meditation and finding peace within yourself is going to pay off substantially. Let it all compound.
Hi Greg- I recommend you look into Z cash. First halving in December. Should shoot over prior high of 1200 then. Right now it’s in the 40’s and is sure to have a run around Dec or after!
Hello Greg, Thank you for all your great videoes and inspiring thoughts.
I have been following your videos for a while, you often mention the 10 year yield -I have been trying to search for it and the closest I could get with internet were ETFs tracking 10year bonds.
Is that the closest chart we can see for 10year yield????
IS there any ETF that tracks it well so we can see the chart of the 10year yield daily, or perhaps some chart on the internet? Again thank you for your great guidance.
Still learning here. I Am having trouble finding ur "Boom" page where I enter in the symbol? Right now I'm using high dollar to trade. This is observed. So, more classes to learn to trade Options.
On the home page find the big red button that says "click here" click on it, then scroll down until you see the chart with the ticker SPY. Click on SPY in the upper left of the chart and you can change to any ticker symbol you want.
THANKS GREG . Will see if I can afford some of these otm calls for Jan. 2021. Am unemployed at the moment . Keep us updated on when we should get a buy signal on gld and slv please. Ty👍
WMT, GLD stared a comeback today...a great sign in a weak market.
Greg, I have been playing with spxl and today I jumped in a call for spxs. They are bull/bear X3 the S&P 500. Any thoughts on these tools?
I have been using those (UPRO and SPXU) for day trades. The gains are small but compounded produced 40% for me last month. Averaging about 2% per trade. IMO they work extremely well for dat trading and I cut my position usually 1/4 to 1/2 for an overnight trade. My average trade size was around 10k. Hope this helps.
Very nice, I haven't been doing it long so I'm still in the few hundred to 1000 trade size, still not confident enough to drop 10k trades
I started with a $1000 account and proved my strategy works. Then started compounding my profits and also added more cash the account. God knows I have made massive mistakes and honestly as long as you are strict with yourself and stick to whatever strategy you have. You will kill it! I can bet my account on it 😊
So far, I've only made 2 small mistakes. But trying to do my own TA then looking to others for confirmation and overall I'm up. Funny though six months back I didnt think it would involve this much work, man was I wrong lol
No good thing in life comes easy. I think my biggest mistake for the longest time was really focusing on final goal. It’s rather the journey of peaks and throughs that we need to enjoy. Also, meditation and finding peace within yourself is going to pay off substantially. Let it all compound.
I think my biggest hurdle over all is that trading seems to be done solely on TA and not fundamentals and it's hard for me to jump that hurdle
when you say buy alert...does that mean buy a call (bullish) or a put (bearish)? can we assume when you say buy, you mean a call option? (thank you)
Hi All. :)) I was reading that APPL is on its way down. I saw the chart. It looks bad. Maybe I bought premature?
Thanks Greg
Hi Greg- I recommend you look into Z cash. First halving in December. Should shoot over prior high of 1200 then. Right now it’s in the 40’s and is sure to have a run around Dec or after!
Vince- uses CNBC app
Hello Greg, Thank you for all your great videoes and inspiring thoughts.
I have been following your videos for a while, you often mention the 10 year yield -I have been trying to search for it and the closest I could get with internet were ETFs tracking 10year bonds.
Is that the closest chart we can see for 10year yield????
IS there any ETF that tracks it well so we can see the chart of the 10year yield daily, or perhaps some chart on the internet? Again thank you for your great guidance.
Use CNBC app. Greg recommended that a while back and I love it!
Here you go :)
https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx
Still learning here. I Am having trouble finding ur "Boom" page where I enter in the symbol? Right now I'm using high dollar to trade. This is observed. So, more classes to learn to trade Options.
Thanks Greg
On the home page find the big red button that says "click here" click on it, then scroll down until you see the chart with the ticker SPY. Click on SPY in the upper left of the chart and you can change to any ticker symbol you want.
Thanks Greg
I made the mistake of buying June 30th SLV. I'm down pretty hard so far. What would be recommended hold or get out asap?
THANKS GREG . Will see if I can afford some of these otm calls for Jan. 2021. Am unemployed at the moment . Keep us updated on when we should get a buy signal on gld and slv please. Ty👍