If you chase this green candle, you are essentially leaping onto that pogo stick while it is mid air and praying the engine does not backfire.
There are 2 kinds of traders: Those who see a glorious rocket ship leaving the station. Then there are those who know that holding a daily leveraged ETF over the weekend can quickly turn into a horror movie.
Which one are you? I prefer to sleep well at night so I prefer to leave the trade to next Monday.
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- Ah_MengΒ·17:37TOPI am the 3rd type. I hold $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ over the weekend... something that makes me sleep better when rocket π goes over the cliff... even that, that's a small holding as insurance1Report