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