[UVXY] Back to the Drawing Board: DECAY is the KEY B)
Sorry to leave you guys hangin!
Felt like my UVXY shitposting was ultimately doing more harm than good.
I was thinking far to linearly with my predictions and have simplified my buy in and cash out ranges. Gonna trust my indicators and RSI more too in conjunction with this.
If you were following along the past couple months while I was hammering this thing out we had two great buy in opps at 19 late August that led to 32 max cash out opp and then my buy in call around 19 again was a bit aggressive as we fell to 16 but still there was a few days to exit over 20 with 23 max potential.
Name of the game now:
1. Sell over core Decay Trend (magenta), buy under Decay Trend
2. Sell liberally, buy conservatively
3. Exit 100% of position before falling below Decay Trend
4. Enter in small chunks and buy on the way up to Decay Trend
Hope this proves to be a bit more more clear, simple and effective.
Felt like my UVXY shitposting was ultimately doing more harm than good.
I was thinking far to linearly with my predictions and have simplified my buy in and cash out ranges. Gonna trust my indicators and RSI more too in conjunction with this.
If you were following along the past couple months while I was hammering this thing out we had two great buy in opps at 19 late August that led to 32 max cash out opp and then my buy in call around 19 again was a bit aggressive as we fell to 16 but still there was a few days to exit over 20 with 23 max potential.
Name of the game now:
1. Sell over core Decay Trend (magenta), buy under Decay Trend
2. Sell liberally, buy conservatively
3. Exit 100% of position before falling below Decay Trend
4. Enter in small chunks and buy on the way up to Decay Trend
Hope this proves to be a bit more more clear, simple and effective.
Data analyst with a passion for best fit lines B)
