@rugby Trying to get an understanding of your trading style, your longer term positions seem to fit my risk appetite and preference a bit more than other styles I've seen. Do you use any indicators? Even something as simple as a 200 SMA, or are you strictly clean chart support/resistance levels only? Thanks.
@rugby would the Elliot Wave Theory be one of those cycles or something similar to it?
Most stuff out there is too slow for leveraged ETFs, my goal is to get in and out with $500 to $1000 gain in as short as time as possible using 1000 shares+/-. Any charting technique is going to show you what you should have done after you should have done it. Longer plays, sure, give it a go BUT you will miss lots of $$$ while you wait for the longer move. My technique is a blend of charting, history and feel for the ETF
@rugby I'm impressed with your winning %
You should be and it's real!
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