Originally Posted by orvil

Spot on Scambo1.

I trade TNA, FAS and SSO (double beta). I don't really like trading the inverse. My favorite strategy is to sell puts in TNA at a .15 delta every 30 days or so. I buy them back after getting 80% of the premium. Then I rinse and repeat pretty much every month. It's a simple cash secured put. I know it's more capital intensive than some other strategies, but it doesn't require a lot of managment. If I get assigned, I sell the other side at the strike I was assigned until I get called away. What's not to like an 85% probablity of success.

I went to cash in my trading accounts on Friday. I'm waiting to reenter. I'm thinking this afternoon or tomorrow.

Now, if you didn't follow what I just said, get some education, start small and practice. If you fly an airplane, you can do this. Everything we do with a commercial airplane is risk management. Successful trading is risk management.