AI
Thursday, November 01, 2018 4:35:14 PM
The SOXL chart histogram flipped positive today.
...and on the SOXL:SOXS chart, it appears MA6 will cross MA10 heading upwards tomorrow (Friday), which will signal me to get back into the market by buying SOXL.
Once the SOXL:SOXS chart 6MA and 10MA cross, I will calculate just how much I missed by being on the wrong side of the market when this big move down began in early Oct.
I had a stop loss in at 10%, which took me out of the market in early October. I should have immediately bought SOXS that day, but I was too cautious and stayed in cash. I have learned so much this past month...
My biggest learning is the 3x ETF/inverse ETF pairing strategy works. I just need to follow the strategy!
...and on the SOXL:SOXS chart, it appears MA6 will cross MA10 heading upwards tomorrow (Friday), which will signal me to get back into the market by buying SOXL.
Once the SOXL:SOXS chart 6MA and 10MA cross, I will calculate just how much I missed by being on the wrong side of the market when this big move down began in early Oct.
I had a stop loss in at 10%, which took me out of the market in early October. I should have immediately bought SOXS that day, but I was too cautious and stayed in cash. I have learned so much this past month...
My biggest learning is the 3x ETF/inverse ETF pairing strategy works. I just need to follow the strategy!
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