Big day for me. Shorted at 6.50 (without stop limit this time), and then again at 6.60, and rode it down to 6.10.
If it dips below 5.90, I'll go long.
If it rocks above 6.50 again, I'll short.
I'm finding the groove of fluctuation range for this.
Initially, I started with 1000 shares only weeks ago,
but now I'm trading up to 5000 shares at a time.
I do find that short side seems more reliable than the long side
on short term trading...though, I'm equally open going
both direction.
UVXY has been the most reliable pattern stocks for me to trade in the past 4 to 6 weeks. :)
Holding naked long or short over multiple days seems less effective as one is missing out on all the up/down volatility.
GLTU
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