iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

Did somebody yell “The Sky is falling!”

I thought I heard something; but then it could be my imagination.  Just for fun so that I will only get an itch if I’m wrong again.  Again!  I bought a very small starter position on TVIX, TZA, and SKF.

If a cloud falls off the sky tomorrow, I will add more.  If more clouds disappeared, I will add even more.

And if market open gap up tomorrow (no surprise here), I will just scratch my sore and be done with it.

In a way, this yo-yo market can be kind of fun if you can be quick about it.

Good Hunting!

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One comment

  1. zenhunter

    Scratched all TZA, SKF, and TVIX for close to breakeven.

    Flat on these trades.

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