If there's not some type of terms met before Monday that wou...
If there's not some type of terms met before Monday that would change things a little bit these are the pics I would go with
$Direxion Daily Financial Bear 3X Shares ETF(FAZ.US$
$ProShares UltraShort Bloomberg Crude Oil ETF(SCO.US$
$Bank Of Montreal Microsectors Fang Index 2X Inverse Lever(FNGZ.US$ $ProShares UltraPro Short S&P500 ETF(SPXU.US$
$ProShares UltraShort Energy(DUG.US$
$Direxion Daily Financial Bear 3X Shares ETF(FAZ.US$
$ProShares UltraShort Bloomberg Crude Oil ETF(SCO.US$
$Bank Of Montreal Microsectors Fang Index 2X Inverse Lever(FNGZ.US$ $ProShares UltraPro Short S&P500 ETF(SPXU.US$
$ProShares UltraShort Energy(DUG.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Josh Morris : @KnowledgeIsPower do you still think I should sell off my uco and hold off on uso?
Trader-101OP Josh Morris: you don't have to necessarily sell them what you can do instead is hold your position and just pick up an inverse like the ones I just posted and they will make up the prophet that you lose on your other one that way you can afford to hold it without losing money and then when the momentum changes you sell your inverse use the profits to buy down your price and you were able to hold it without missing the pop
OnlyLuck Trader-101OP: This is a very sound strategy in my opinion.
Josh Morris : @KnowledgeIsPower That's clever, but definitely hold off on USO purchase until it dips?
Trader-101OP 70027695: to be honest with you I'm not recommending for anyone that pick up individual companies right now and the reason for that is a lot of these companies are on the brink of bankruptcy and if something doesn't change that's exactly what's going to happen what I'm recommending is ETFs or futures on oil itself me personally I'm buying contracts on futures that way it's based off the index and not just the individual company you go with a single company and it goes out of Bates business you're taking a complete loss go to ETF or future contract you have a much better chance of balancing your risk vs reward
Josh Morris Trader-101OP: @KnowledgeIsPower Thanks as always! Your knowledge is saving me a ton of time on the learning process...
SmrtTrader : KnowledgeIsPower what minimums are needed for futures price wise
Trader-101OP SmrtTrader: go into a little more detail
SmrtTrader : like does ur acct have to be a certain size value wise?
Trader-101OP SmrtTrader: not that I'm aware of most of the time we do have to get permission to trade futures I know an interactive brokers you have to request permission but I don't think there's any limits
View more comments...