Direxion Daily S&P Oil & Gas Exploration & Production Bull 2X (GUSH)

[boo boo]

$BPENER is back in X's. We're getting whipsawed. I rolled the dice on LPI. The daily chart is in a wedge, so could go either way. I wouldn't advise you follow me in either cause we're at the top of that wedge.

Taking a loss is part of playing the game. If you never take a loss, you aren't playing the game as it should be played. It sux, but capital preservation should be part of your strategy. You have to block out fear and greed. Those emotions are a killer. And all these folks who post that they got in at the bottom well after the bottom is in, well, they're lying.

Take care. There's always another trade elsewhere, just gotta find it.