shillllihs
6,090 posts
msg #133491
- Ignore shillllihs
modified |
1/3/2017 2:01:29 PM
I thought Uco but didn't seem right, but maybe.
So to anyone out here, how would you set up this strategy. I know Uso will go to 100, I also want to play
the gaps up as a counter play. Would I stay long Uwtif, and counter with Dno long, or would I stay long Uso and counter with either dwtif long or uwtif short, and at what ratio. Right now I'm going
70% Uwtif long and shorting using Dno long 30% as a counter play when it gaps up.
I think this will make a lot of money so want to get it right. Do believe uwtif could go to
500 before splits.
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shillllihs
6,090 posts
msg #133495
- Ignore shillllihs |
1/3/2017 3:04:18 PM
Or maybe I'll play the down gaps with Uso. So many options.
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shillllihs
6,090 posts
msg #133515
- Ignore shillllihs |
1/4/2017 12:03:03 PM
Trading around a core with UWTIF, 100k.
Not sure if it will take 4 years or 8 years til this hits 500 to turn this into 2-3 million.
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shillllihs
6,090 posts
msg #133516
- Ignore shillllihs |
1/4/2017 12:06:51 PM
Find a beaten down sector and trade it long term buying gap downs. Pay yourself a small
monthly dividend in case you are wrong.
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shillllihs
6,090 posts
msg #133518
- Ignore shillllihs |
1/4/2017 12:59:31 PM
FAS 03/2009 1.61. FAS 01/2017 43.00. 26 times gain.
Just in case you have any doubt.
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shillllihs
6,090 posts
msg #133519
- Ignore shillllihs |
1/4/2017 1:40:10 PM
I will endure 70% drawdowns if need be. That's how sure I am. I am a man.
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Kevin_in_GA
4,599 posts
msg #133520
- Ignore Kevin_in_GA |
1/4/2017 2:41:04 PM
I was more impressed with GNW - was at around $1 in March of 2009, and went to over $18 within a year. Just insane. Makes me really want a time machine.
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shillllihs
6,090 posts
msg #133526
- Ignore shillllihs |
1/4/2017 6:32:02 PM
Yeah, that would be great, though it being a stock and it would be pot luck trying to pick it.
At least with an ETF that is battered down, you add security, but you knew that already.
In theory it all makes sense, but I'm afraid riding out those drawdowns in practice will be impossible.
And how to maximize the best setups, if you play dips or counter plays.
It's a catch 22. What do you do if the counter play gap never fills? Too many variables.
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shillllihs
6,090 posts
msg #133528
- Ignore shillllihs
modified |
1/4/2017 10:12:01 PM
Ok, here's what I got so far. USO, bottomed mid Jan. and is going to 100, how do I know,
I just do. Plus there's a gap up there. I will be using UWTIF, but can't add to list since SF has not added
it yet, can you please add UWTIF and DWTIF. So, what I will be doing is, I will be going long 100% UWTIF when it is below every line. When it crosses over any 2 lines, I will reduce position to 80%, then 60%
after 2 more, finally going to 40%. Will add 20% for every 2 lines it decreases and so on. It's not perfect but this is good as I can come up with. Still working on this, may add less on the way down or wait to go through 3 lines as it falls before adding.
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shillllihs
6,090 posts
msg #133558
- Ignore shillllihs
modified |
1/5/2017 6:08:59 PM
A little tweak. Buy below lowest line, sell above highest.
Either wait to go below lowest line again, or short a portion of it on way down.
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