I'm having a fukking blast trading 3X ETF's and Inverse ETF's.
And by blast I mean, I'm not holding a single thing overnight until this market unfukks itself. And I'm going to find some tums somewhere.
DOW Futures lied to me yesterday. I wake up and the new DOW Futures is saying "
" and I got blasted at the open. I just made like 25 trades this morning to claw out of a $4500 loss to end +600, which is +100 more than my daily target. But the stress gave me a real bad case of reflux
Oh yeah, and I went to 100% bond allocation on my 401K. We're in a bear market, there's no more denying it. No santa bump, no help from the Fed and Congress and Trump are gonna start fighting in the New Year. Unless you can hold a mix of Inverse ETFs in your retirement account, I'd go to bonds. shyt is about to get really ugly. Prepare for the worst brehs.