Watch Us Trade A Bear (or Bull for those in denial) Market
We firmly believe that the major stock indexes have a very dire Macro outlook.
We will not go into details here (see our other posts) but with the market heading for a downturn we thought it would be awesome to show other small retail investors (thats what we are) that there is nothing to fear.
Well nothing to fear other than blowing up your account- we do not plan to do that though lol.
Ok so we are going to keep this simple. Here goes:
-We are going to take a small $500 account and grow it
-We will only trade stocks, etfs, etc- NO OPTIONS TRADING
-We will post a screenshot of our real positions- wins AND losses
-We will chart the positions on trading view so we can track the progress in real time
BTW- the screenshots are all the proof we will provide that the trades are real. We dont care if someone thinks its fake
And thats it...
We will begin at market open on 05/14/24
We will not go into details here (see our other posts) but with the market heading for a downturn we thought it would be awesome to show other small retail investors (thats what we are) that there is nothing to fear.
Well nothing to fear other than blowing up your account- we do not plan to do that though lol.
Ok so we are going to keep this simple. Here goes:
-We are going to take a small $500 account and grow it
-We will only trade stocks, etfs, etc- NO OPTIONS TRADING
-We will post a screenshot of our real positions- wins AND losses
-We will chart the positions on trading view so we can track the progress in real time
BTW- the screenshots are all the proof we will provide that the trades are real. We dont care if someone thinks its fake
And thats it...
We will begin at market open on 05/14/24
Comment:
First trade ideas.
Plan is to execute trades at market open on 05/14/24
Plan is to execute trades at market open on 05/14/24
Comment:
Another trade idea for 05/14/24
Comment:
Another trade idea that we will most likely be setting up on 05/14/24
Comment:
Another trade idea. This could be explosive- for a little while (its destined to crash after the move up if we are right)
Comment:
Ok first trade
Comment:
Just in case there is someone out there who thinks we arent serious about this
Comment:
Update: BTBT
Stop loss moved to break even.
No risk trade from here
No particular take profit. Will let price structure decide
Stop loss moved to break even.
No risk trade from here
No particular take profit. Will let price structure decide
Comment:
Update: SPXU
No particular take profit. Will let price structure decide
5% stop loss but really letting structure decide
No particular take profit. Will let price structure decide
5% stop loss but really letting structure decide
Comment:
Decided to also post some of our trades from our Main accounts (we have 5 main accounts that we use for different setups) to show some of the larger plays that we are making
FYI- we are still going to post and show us growing the smaller account too
FYI- we are still going to post and show us growing the smaller account too
Comment:
Comment:
Trade Idea:
Eyeing long dated $10 Puts
Watching price action early in the week to see how it develops because it has the potential to make a new high...lets see
Once we purchase we will update with the specifics
Eyeing long dated $10 Puts
Watching price action early in the week to see how it develops because it has the potential to make a new high...lets see
Once we purchase we will update with the specifics
Comment:
Planning to hold on to this one for a while
3-5 Year timeline on this one at least
Planning to buy when price breaks back below $20 or breaks out over $22..which ever comes first
3-5 Year timeline on this one at least
Planning to buy when price breaks back below $20 or breaks out over $22..which ever comes first
Account size- $500
Individual position size limit- Max 10% of account
Ok to be fully invested
Stop Loss- 5% (slightly elastic based on chart structure)
Take Profit- Based on chart structure