A plunge is coming, what should be done next?
Summary of today's video:
Today the large cap market plummeted, the largest drop in two months, which is reasonable. Our ambush position is set for this day, this is the first wave of decline, there will be more to come.
But today we only won by almost entirely short positions, leaving only AAPL because I think Apple will fall further. After taking profits from the short position, I opened a long position. The index needs a small rebound at this level. If it rebounds tomorrow, I will take profits of at least half of the position, then hold cash to wait for the next shorting opportunity.
Oil was unpredictable today, while henry hub natural gas hit a new high. I continue to be bullish on oil & gas stocks and added to my position today.
The live trading account displayed 0.025 million has officially surpassed 0.07 million today, proving the strategy is correct. Just follow the plan. Some people questioned why I only show closing funds and not trade records, I have prepared TD's trading record PDFs and Think or Swim trading video clips to leave you speechless.
For trading records and more detailed trades or if you want to receive trading alerts, please contact customer service on WeChat at chinesefn2022. Reviewing trading records along with the Sunday lecture videos will be helpful for everyone's trading profits and losses.
Today the large cap market plummeted, the largest drop in two months, which is reasonable. Our ambush position is set for this day, this is the first wave of decline, there will be more to come.
But today we only won by almost entirely short positions, leaving only AAPL because I think Apple will fall further. After taking profits from the short position, I opened a long position. The index needs a small rebound at this level. If it rebounds tomorrow, I will take profits of at least half of the position, then hold cash to wait for the next shorting opportunity.
Oil was unpredictable today, while henry hub natural gas hit a new high. I continue to be bullish on oil & gas stocks and added to my position today.
The live trading account displayed 0.025 million has officially surpassed 0.07 million today, proving the strategy is correct. Just follow the plan. Some people questioned why I only show closing funds and not trade records, I have prepared TD's trading record PDFs and Think or Swim trading video clips to leave you speechless.
For trading records and more detailed trades or if you want to receive trading alerts, please contact customer service on WeChat at chinesefn2022. Reviewing trading records along with the Sunday lecture videos will be helpful for everyone's trading profits and losses.
$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Invesco QQQ Trust (QQQ.US)$ $Apple (AAPL.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $Exxon Mobil (XOM.US)$ $Occidental Petroleum (OXY.US)$ $Direxion Daily Energy Bull 2X Shares ETF (ERX.US)$ $Tesla (TSLA.US)$ $Amazon (AMZN.US)$
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