here are all directional players, I understand this/
But I would now caution you about something.
the markets just got the crap kicked out of em.
everybody today is used to living in the instant generation of big macs and 1 minute cafe latees to go.
this market may not be any V shape recovery and if so, all this doubling down and averaging could get very painful over the month.
I am just sayin many rabbitts here should be thinkin about pacing themselves more.
If this whipsaws down 3 bucks in one day, a lot of folks are gonna be or at least feel very wiped out. pace yourself.
me? I bailed in the 13's and I am honestly thinking in the dow tanks 1,200 more points which it could easily I worry about how you people will feel if financials tank and others of UYG and this goes to $5 and then fades to $3.
I am not sure about anything of the above, but I would not be buying uyg here. dry powder rules at this juncture?
I didnt...lol...Im up 150%...missed being up 600%; however, Thats just the way I roll...I'm playing a longer term game...I live off my trading...can't risk the stack my man...I'm playing for the final table...good luck maybe i'll see you there or mabey your be wiped out...lol