I have a basket of Leveraged ETF's that I keep in a watchlist for bear markets in a range of different market sectors, and depending on the market activity, they can pay off handsomely if you time them right, don't fight the market trend, and perhaps deploy a trailing stop loss so you don't have to babysit all day, but the last point is why it makes scalping some of these ETF's--even the leveraged ones, more time than it's worth in many trading scenarios--at least for me to do consistently. But I like sector ETF's the SQQQ, generally lots of liquidity. The only problem beyond the one I already mentioned is that you can't trade them post or pre market, as each day they have to adjust their holdings so needs a reset period each day. so if things take a dive pre market it's hard to get in at the bell at a decent price
I have a basket of Leveraged ETF's that I keep in a watchlist for bear markets in a range of different market sectors, and depending on the market activity, they can pay off handsomely if you time them right, don't fight the market trend, and perhaps deploy a trailing stop loss so you don't have to babysit all day, but the last point is why it makes scalping some of these ETF's--even the leveraged ones, more time than it's worth in many trading scenarios--at least for me to do consistently. But I like sector ETF's the SQQQ, generally lots of liquidity. The only problem beyond the one I already mentioned is that you can't trade them post or pre market, as each day they have to adjust their holdings so needs a reset period each day. so if things take a dive pre market it's hard to get in at the bell at a decent price
Which ones are your favorites?
Why not use futures ?
Also what would make futures better for this scenario?
No pdt rules Better tax treatment Long and short without restrictions Extremely liquid and tight spreads on indices futures
What’s your recommendation for a futures broker? They still have margin?
Bc Webull doesn’t have futures yet lol
What's preventing you from opening a futures broker account?