Princepersia1

Why I took all my money and put it in UVXY and HTZ

Long
Princepersia1 Updated   
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Yeah, that's right. Brrrring it.

Well, the thing is, that I am not rich. But, I think I understand charts quite well.

I have been eying this one for a while. I even had written the buy zone.

Knowing my impatient self, I bought it earlier once. The second time around, the price plunged into the zone I was supposed to buy at.

Patience in trading is very important.

Lesson learned, I suppose? But FOMO is irresistible, I know.

I don't like gambling either. This bet seems like gambling but it's not. I am up right now, with an entry of 12.11.
ENTRY: 12.11
EXIT: 17.30 - December 2, 2020

Oh and HTZ? Yeah, of course, that's a quick little roulette gamble, that I am sure will pay off nicely too.

Anyway, I got a book coming out, assuming that my prediction is right or not called "Homeless in Africa," make sure to check it out.

For those more conservative to this idea, anything significant below the yellow line is a great exit point.

If you made money from this tip, hats off, that means I did too! Please tip the man with the idea. (I got many more don't worry.)
Comment:
There was another buying opportunity at the bottom of the yellow line at 12.20. We are ready for the rocket ride.
Comment:
Breakout confirmed: Next stop 13.42! What a session it has been. A few buying opportunities presented themselves at 12.20.

Take a look at the DOW and the Dow Jones Transportation indices, they look absolutely brutal; a major reversal is taking place. Looks like this week was the peak in the stock markets!

Time will tell and I could be wrong, of course.

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