Seeking Advice

[RubberBubba 1]

 

I am seeking advice from the veteran traders here.

I am enjoying learning and trading the options strategies and will continue to do that with a 10K account.

I went to all cash in Mid February so I missed being hit by the first big leg down. The last two bear markets went down for a year before starting to head up. I think the market will probaby do the same or worse this time. With that in mind, I  am now thinking of putting 50% of that cash, (125K), into 3X Short ETFs. These are the ETFs I am considering;

DRV Real Estate 3X Bear 

SMDD Mid cap 3X Bear

WEBS Dow 3X Bear

HIBS S&P500 3X Bear

SDOW DOW 3X Bear

TZA Small cap 3X Bear

SRTY Russel 3X Bear

SPXU S&P500 3X Bear

SPXS S&P500 3X Bear

PASS Consumer Discretionary 3X Bear

I think it is to early to short Real estate. I think it will lag the general market. I am going to stay away from large cap, financial, and oil as they are most likely to be propped up by the government. That narrows it to TZA, SRTY, and PASS.

I am thinking I should also go long a Gold ETF as well.

What are your thoughts ?

I am not sure where to post this. Feel free to move it. Thanks guys
 

 

[Rogers 263]

I have been using DRV, FAZ and EDZ for leverage index shorts.  TVIX for a levered volatility trades.  And UGLD, TYD for levered bonds and gold.

I can't give specific recommendations on what you should do with your money.  My positions are part of a larger plan of hedging long positions, momentum trades, risk parity allocations, etc.

- Not a financial advisor.  

 

[RubberBubba 1]

Thank You Rogers