A good tip for survival in this market

What's up guys, just going to talk about how not to get yourself killed in this bat poop crazy market. This is very important to people whose accounts are small and they can't short in these market conditions. This is you way to short the market. You do this by trading Inverse ETF's. These oppose the market almost to the candle. And below are some that I traded in the morning and one I was going to trade around lunch but hesitated because well It was around lunch.

Traded TVIX early in the morning for a quick scalp, as you can see when the Dow was tanking TVIX was running very nicely. It broke the, very choppy I might add, AMF pattern at around 11.40 and ran to like 11.8. As long as the 13 eMA is being trended you are good to hold. This is the yellow line in the picture. If you are wondering what that is refer to the setup reference link to the side above the archives. 

Later in the day as the Dow regained it's legs and began to run another ETF that tends to follow the DOW broke a beautiful NF pattern (refer to setup reference as said above) but I was hesitant and had to get to class so I didn't and am none hurt for not getting in. 

I do in no way shape or form recommend holding these ETF's overnight, these are not swing plays, they are scalps. Like at all and if you do it's your own fault. But trading these during the day are really good ways to profit and survive during these crazy markets. I will hopefully be posting the WL in a little bit along with a win, SWN broke out beautifully today and I will be posting that. But for now that is all.

Any questions about the setup names refer to the setup reference tab to the side above archives.

Stay Educated. Stay Disciplined. Stay Profitable.

Take care,

JP