I like it
Yes, I have heard many with the same overall bullish bias since historically the Markets have always gone long eventually, with the bearish moves only lasting short term.
Yes, I have not been looking at % of price as a stop limit, usually just targeting a price slightly below the last support level. I really should start trying to calculate it as a % to help limit the amount of risk, or at least be aware of the % of risk. I have been looking at the profit side the same way, $ value rather than % value. I think if I start to adjust to % values I will be more likely to have better consistent trades.
I am a bit surprised at the shares difference between IWM/UWM and TNA. I was not expecting to see nearly a 2:1 bias between them. I guess that is where the price and leverage come into play and why I have been attracted to the higher leveraged funds. Where the gains to the amount of investment might not be that much difference the 2:1 has me psychologically drawn to them, must be the gambler in me.
Thanks for the insights
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
