InvestorsHub Logo
Post# of 32281
Next 10
Followers 62
Posts 15557
Boards Moderated 1
Alias Born 08/21/2005

Re: No-Quarter post# 32193

Saturday, 09/28/2024 2:36:21 PM

Saturday, September 28, 2024 2:36:21 PM

Post# of 32281
Good hunting. I don't play the VIX. Just too volatile for me. BOIL is all I can handle, which by the way I am up 26.3%, so will be watching my 50% profit point.

Also pulled back on my investments Friday. Sold all of my FNGU and all of my stocks except for AMD GOOGL META. My investment in FNGU was 9.5% (I screwed up the initial calculation, should have been 10%). I once owned 6 FNGU stocks for 6% investment. As on now the gains are the same, but I still have 3 open I could lose money on.

For TQQQ I pulled back to the appropriate investment level for my 125% investment level. Still fully loaded with SPXL

62.8% SPXL (60% at buy)
54.9% TQQQ
3% other FNGU stocks
.6% BOIL
121.8% securities equivalent

56.9% MM etf's
178.3% Total investment ($234 cash)

This is an amazing way to invest. Just over 120% exposure to stocks, but 178% investment in total.

I have decided that for the next cycle I am going to raise my investment to 135% (from 125% + stocks) and not buy any individual stocks. Just too much work. I will double FNGU investment to 20%. This will also affect my IRA acct as I never did go above 125%, I will raise it also.

Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.