Replies to post #359708 on SPDR S&P 500 (SPY)

[Agoura Guy]

I PREFER TO SHORT THE SPIKES THAN RISK GOING LONG IN THIS ENVIRONMENT. LOOK WHAT HAPPENED YESTERDAY!!!!

I KNOW OVER TIME THE MARKET WILL TREND LOWER, SO ITS LOW RISK FOR ME GOING SHORT. OTHER'S WITH HIGHER RISK TOLERANCE ALSO RISK GETTING WIPED OUT. LOOK HOW MANY SHORT TERM GAMBLERS HAVE LEFT THIS FORUM ALREADY IN 2022!!!!!

I HAVE MADE OVER 40 SQQQ TRADES WITHOUT A SINGLE LOSS. IF I AM WRONG I ADJUST MY POSITION WITH DOLLAR COST AVERAGING AND WAIT. THIS STRATEGY HAS WORKED OUT VERY WELL SO FAR.