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I’ve been using only market orders lately. Despite not getting the perfect fill every time it seems like the safest thing to do. It finally worked significantly in my favor this morning.
By the way, SDS is now my favorite stock, for both hedging and trading.
Market orders on SDS? You’re brave.
Tony,
I haven’t had a single losing trade on SDS, can you imagine? (knock on wood)
It has a nice range and predictable behavior. SKF in comparison just blows. I used to love SKF, but success my rate was 70% on it and when I failed, I failed big.
In addition, SDS tracks SPY much more reliably and pays a very nice dividend ($4+ at the end of September, for example).