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Strategies & Market Trends : Trader J's Inner Circle
NVDA 198.54-4.1%Nov 4 3:59 PM EST

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From: Trader J8/12/2024 1:28:04 PM
   of 56532
 
TRADE: First position in TNA at $36 as a position trade. Was hoping to see $34 again and we may still get it but with the market looking like it is basing again, I'll take the $36 and look to add again at $34-$35 if I can get it. This is a 33% position with the desire for it to be a 50% position ... meaning that I really don't want to take the third position in it.

Position trade only as it is a 3x leveraged small cap play. The setup for small caps into the rate ease cycle should be a no brainer.
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