There is a little bit of a gambler in me so since I started trading with Robinhood a year ago, I decided to play with my funds a little and try to swing trade inverse ETFs (mostly SQQQ and SDOW).
Since I clearly have no idea what I'm doing, the rule I decided on was that these ETFs should never make up more than 1% of my total portfolio/savings.
This has largely been a failed experiment because I just don't like the anxiety of making uncertain predictions. From my experience as a "professional poker player", if you are gambling professionally, you cannot rely on your intuition. You have to have framework, strategy, and math.
Are there any analytical tools that would help a trader determine where a dip in a stock is or would help with leveraged ETFs?