Interesting. so, if you invest 40% of your cash and since it is 3x funds yours investment is 3x40=120%. is that right?

Yes. also, if i have 100k account should i be invested all 100k or leave some cash as cushion? what do you do?

Hi Duma, I am also trading more or like either qqq,spy and fngu. I do either those 3 directly or like you spxl,tqqq,fngu using daily charts. my only problem is how much i need to be invested. let's say i have 100k in account. can you shed some light on what rules you follow on money invested in those etfs. thanks in advance.

The main problem is most people (including me) most of the time try to predict whether market is going up/down/sideways and then argue with the price with our biased opinions and try to justify it Instead of just trading the price. the more i see your charts and trades, the more i appreciate how simple it should be.

There is a reason spy/qqq or spxl/tqqq are doing good because big tech stocks are doing good. if you think macro level all these big tech stocks have become very big, near monopoly and have solid revenue and eps growths with plenty of cash flow which can protect them from high interest rate environment. small caps and growth companies who have negative eps and less cash on hand are very tough to survive in high interest rates environment. hence iwm/tna has lot of whipsaw.

Interesting. Do we trade what ever one time frame it's trading on that day?

Not only that. All economic news are done by 10:05 am. Hence the true direction starts after. also, between 1pm-2pm it goes in the direction the trend that day or if it's too far on one side then it reverses.

Everyone in the world is recession experts now. it's funny how the markets are extremely oversold on every level and with the economy so strong people do not want to take the data what's given and worried about fed and higher rates for longer.

adp numbers are always way off to dept of labor numbers....may be lot of businesses are not using adp as their payroll providers any more...

What i observed for me, is 15 mins is very short and unable to adjust my positions. above 1 hr is little late.
on 1 hr, I am using 8/21 ema's as trend indicator with M12 as my entry and exits. if 8 and 21 are above 200 ema then it's strong up trend. I enter and exit on M12 flat or cross overs. vice versa on downtrends.
Instead of entries and exits on M12 cross overs i am experimenting with entries and exits on tail bar candles with M12 flat.

1 hr is the best for swing trading for almost everything...i am using 8/21/200 ema's with M12 and it's amazing...
https://www.tradingview.com/x/F7J4rCfw/

stock charts automatically shows pivots based on chart time frame. the one's in your pic shows weekly pivots....my assumption is every time a new quarter starts then it might go to nearest quarterly pivot based on trend and find support or resistance. here is the chart with previous quarter pivots and current quarter pivots.
https://www.tradingview.com/x/kCfxyGEC/

spx might find support at quarterly s1 pivot at 4148.

uvix split on 11 Oct.

Last govt shut down,s&p rallied 200-300 points.

looks like spy going to 440 this time as max pain showing.

max pain from that link shows 440. still 5$ down to go....i know usually they are not 100% accurate..hmmn...

Yes. I am using my 8/21/200 ema charts with just geostorms in the background.

No geomagnetic storms right now. let's see if they gap up...

Bar chart data shows it's occurring. but at top right hand side it's all green.

Changed to G (None) Geomagnetic Storm Impacts
3 pm turn around in markets? may be?

good link...bookmarked.

I did not put solar storms tracking on chart...we just have to read the report manually.

This is my chart set up.I use 15 min time frame to swing trade. I consider when 8 ema is above 21 ema and 21 ema above 200 ema and price above all them as uptrend. downtrend is opposite. we can use this as stand alone. From your website next 3 days solar storms strength is low. taking that in to consideration and the chart, high probability is strong uptrend.

https://www.tradingview.com/x/rxfjxsIU/

wow..we might have found a new confirmation indicator....this solar storms with our 15 min 8/21/200 ema charts might be a high probability set up....

I know at least one person who is getting tsla every month, they all say samething when they go to dealer to pick up their delivery, there are like quite a few cars in parking lot waiting to picked up that day....they are selling like hot cakes...

Nice. Let's track this for ourselves...
https://www.swpc.noaa.gov/products/report-and-forecast-solar-and-geophysical-activity
IA. Analysis of Solar Active Regions and Activity from 09/2100Z to
10/2100Z: Solar activity has been at low levels for the past 24 hours.
The largest solar event of the period was a C8 event observed at
10/0155Z from Region 3423 (N16W16). There are currently 9 numbered
sunspot regions on the disk.
IB. Solar Activity Forecast: Solar activity is expected to be low with
a chance for M-class flares on days one, two, and three (11 Sep, 12 Sep,
13 Sep).

Totally agree. thanks for reminding...i definitely think with high interest rates environment something has to break. it always breaks....only thing is when and how to take advantage of that....i have narrowed down to uvix, sqqq,fngd. anything else very cheap you can think of....less than 5-20$.

yes. exactly...no one knows what will happen. prediction and assumptions are the biggest noise in trading and investing...

M12,26,5h has to be positive. you mean on hourly chart and histogram should be positive? am i right?

15 min chart first support held so far....

Raising debt limit is postponed to until 2025...
The legislation suspends the nation's $31.4 trillion debt limit through January 1, 2025. This removes it as a potential issue in the 2024 presidential election.

same here.went long yesterday. not much risk but still a good day. Finally perfectly followed your 60 min chart.

The EURO Forecast model brings Idalia onshore north of Cedar Key. Jim Cantore weather channel superman is in Cedar key. he is always there where the eye of the hurricane landfalls...

hmmn...now i know why every broker has started doing overnight trading..to kill all next day expiry options premiums wherever the retail is more in to.

Shane may be right one day..i was reading this article and this can happen when no fed juice very less liquidity is there.....this zero day options can one day trigger a big crash.

https://www.marketwatch.com/story/wall-street-blamed-zero-day-option-traders-for-a-sudden-stock-market-selloff-but-a-bofa-team-says-they-got-it-wrong-a83484a5?mod=search_headline

CPI...truflation is predicting higher inflation reports from tomorrow to end of year. they were pretty spot on every month...

where does shane post? twitter?

hmmn. by lunch may be it goes to 8 day ema and then sell off again.

I narrowed down to these uvxy,vixy and uvix. if the vix models were right and it goes to 150 by end of year these will be in 300's....