Lower low has been made on the nasdaqSubmitted by Miljonairsteam t3_zsrznt in wallstreetbets
milesthegreat2020 t1_j1bguue wrote
Reply to comment by JustBuildAHouse in Lower low has been made on the nasdaq by Miljonairsteam
Not if you know how to read charts. I don’t leave my positions unmanaged. But in this down trend you could have and still done well, but not as well.
StockCasinoMember t1_j1bny66 wrote
I'm not much for charts but I swing trade both sides. Sold half of my SQQQ/SPXU today and, exercised a $18 strike TQQQ PUT(bought in the 16s), and bought some TQQQ in case we have a bounce up tomorrow. I use a combination of selling puts and LIFO swing trading as well to lower my cost basis in down trends while I buy bigger in bulk when I feel the time is right.
Special-Camel6350 t1_j1c1vfl wrote
Read the Spy then
milesthegreat2020 t1_j1d7hnt wrote
I am we’re going to get a bounce soon then move lower.
milesthegreat2020 t1_j1d7mvc wrote
Like 10-13 percent lower than this level.
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