EB

This is a welcome sign! I was using grok @bot to not only help develop my $SOXL $SOXS trading strategy, but to also automate the trades. My first automated trade was the 20th and it worked flawlessly. Thursday and Friday of last week however was a complete mess!

My @bot usage was reset which is nice. I’m more interested in the model competency being restored. Hopefully that will be handled soon as well?

Will this help my $SOXS going into Monday?

One of the things I’ve learned from trading $SOXL for so many years is that it can and will drop 90%. It has happened before, is happening now, and will happen again in the future. That’s why it’s so important to always have cash allocated for buys lower. $SOXL is meant to be traded, not held.

I’m holding $SOXS heading into Monday, but I’m also waiting for my next aggressive entry into $SOXL. My estimate for a potential $SOXL bottom is $29–$38. Curious where other longtime $SOXL traders think the bottom is.

I’ve been trading $SOXL for many years. I’ve recently started a side strategy that swaps to $SOXS to capture some downside volatility as well. My guess is that the $SOXL low is somewhere between $29-$38 and I’m an aggressive buyer in this range. It could of course go lower, but I don’t think it would be by much.

I just started Muse today and I cannot believe how much better it is than grok @bot already! A couple weeks ago I used grok @bot to plan and pay for my families ski/snowboard trip to Aspen this December. It did a great job, it booked the flights, lift tickets and Airbnb. Not a chance in hell I’d trust it to do anything like this anymore, it’s such garbage now. But, the Airbnb host had sent in some additional information requests that needed to be filled out by tomorrow or we’d risk losing our booking. I had no idea. I became spoiled with thinking grok @bot was monitoring my email, because I had asked it to do so. Muse just sent me an alert regarding the issue to make sure I took care of it. Grok @bot never said anything at all. I’ll say it again because I’m so frustrated, but I highly recommend not using that garbage expensive service. I grew to depend on something that shifted downward so quickly. I love Tesla and have 2 of them because they are awesome. I’m a huge fan. But on this one, @elonmusk is incorrect. Using grok @bot is not at all like hiring a competent assistant on any level. It is a false sense of security for an absurdly subpar product.

I’m not so upset about the usage with grok @bot, although the reduction sucks. I’m happy to pay when service is worth it. I burned through my weekly usage in less than a day and have already spent over $1100 on extra and still have 4 more days until it resets. I had been using grok @bot to help me develop and automate a strategy for $SOXL and $SOXS. For the first several weeks I was happy to pay because it was doing such incredible work. If the productivity stayed elevated I’d be fine with the additional cost. The productivity is now horrible now, that’s why I’m looking for alternatives and now setting up Muse.

Grok @bot is basically expensive trash at this point. What an absolute waste of time setting everything up with it. I’ve received several great suggestions for alternatives and I appreciate all of them! I’m not very adept with all of these models and several have said to try Muse. I just downloaded Muse and am going to migrate everything I can this weekend. Sucks.

I’m a long time $SOXL bull, it’s my favorite ticker to trade for many many years. I’ve been playing around with a side quest strategy that I’ve started in a separate account. Friday afternoon it had me swap my $SOXL into $SOXS for Monday. Will be interesting to see how this plays out.

Grok @bot has literally been getting worse and worse hour by hour today. It’s really bad. How did this get so bad so fast? I’m really shocked. It seems like they flipped a switch or something. It’s truly awful right now.

I’ve been using grok @bot for the last several weeks. I’ve been building and using an agent for trading and testing out new systems specifically for $SOXL and $SOXS. It started off pretty great. However, this last week in particular and including today it has become progressively worse and more expensive simultaneously. It went from a product with great promise and excitement to something utterly useless very quickly. Yesterday was the first day since my first automated trade on October 20th that it did not run on time. The product at this point is useless to me and I’m working to get everything over to muse this weekend. It’s a shame because I liked it, but for me, it is not a reliable product and how can I be comfortable with an ai trading agent that decides when it wants to work properly and usage rates are insanely high? Do other people have this experience as well?

I posted a week or so ago how I closed all my positions except for $SOXL. I did so in order to raise as much cash as possible for lower buy opportunities. I’ve held off on a couple buy opportunities, today however I’m taking an aggressive plunge. I still think it can, and likely will go lower, but this morning I bought heavy. I will continue to be an aggressive buyer at these levels. Over my trading career $SOXL has been my top performing trade, not even close. While it obviously sucks having account value drop, I don’t think semiconductors or $SOXL are going away, so today is an incredible opportunity. That’s my take, this drop is a gift and I’m taking advantage of it. I think anything below $120 $SOXL is an opportunity. I’ve said it before that I think $SOXL could hit $30 and I believe that. I also believe, and am statistically supported, that $SOXL will be higher in 6 to 12 months from now.

I’m an $SOXL long term bull. I’m pretty open about that. However, it’s my job to make money. I opened a small $SOXS position yesterday and closed it today. Yeah, $SOXL was likely to go down, so I bought $SOXS and made a little money. Seemed like a good risk to reward ratio at the time.

I closed every position I have to raise more cash for more $SOXL. You can bet your ass I bought more today! Here’s my realized gain/loss. I took many losses and destroyed my beautiful record because as I’ve said many times, $SOXL below $120 is a gift. I don’t know how low it will go, or how long it will take to recover. I just know that at these levels, I’m an aggressive buyer and it was worth taking the losses for me to raise more cash to buy aggressively.

Yesterday was the first time I have ever taken a short position. I bought $SOXS. I’m still holding my $SOXL and closed all of my other positions to aggressively buy more, at my price targets. I bought a little more $SOXS this afternoon at the bell.

It’s done, and I feel sick. I’ve never done anything like this. I closed every position I have except $SOXL. Today I closed $GDXU, $MUU, $MSTU, $NEBX, $OKLL, $RKLX, $SPCH, $TEUP, $ASTX, $IONX, $MVLL. Over the course of these past couple of weeks I’ve also closed $TSLL, $NAIL, $LABU, $NRGU, $DFEN and probably missing one or two others that I closed as well. To reiterate, I’m not calling this the bottom. I have no idea where that will be or when. I just know that sub $120 on $SOXL, for me, is time to be aggressive. This is me taking the short term loss for the long term gain. My stomach is turning. But for me, this is the right call, as uncomfortable as it is.

I am now actively closing every position except for $SOXL. This is an opportunity I did not think would come. I’ve never done this before and I’m going to take some very big losses in the process. I’ve been trading $SOXL for many years and believe that this much below $120 is an opportunity of a lifetime for me. I’m not saying it doesn’t go lower, it could go to $30 for all I know. What I do know, is that statistically, this is a period of time to enter aggressively and I’m taking the losses on other positions to do so. My record that I am very proud of will be blown up. That’s ok though. This is worth the risk to me.

$SOXL buy hit. I’ve never done this before, but I’m going to continue closing positions, even at a loss, some a big losses, to free up more capital for $SOXL buys. I have no idea how low it will go and when it will recover. $SOXL is under $120 and I’m aggressive. I’m going to close all my satellites next. I don’t love it because I’d prefer to wait until end of year for hopefully a rebound and not close at a loss, but, I’m unwilling to miss this opportunity.

I just closed a large part of my $NRGU position.