Single-stock inverse ETFs can be incredibly effective trading tools — but only when used properly.
Do not chart the ETF.
You must chart the underlying instrument.
When positioning for downside in Silver, the analysis was done on Silver itself — the ETF was simply the execution vehicle.
THE ZSL TRADES — THE STORY OF THE MONTH
The two biggest wins in January weren’t stocks. They were ZSL — the ProShares UltraShort Silver ETF. Two separate trades. Two separate entries. Same read on the same market.
Trade 1: Entered 01/29 at $1.51. Out 01/30 at $2.29. +42.06% in a single session.
Trade 2: Entered 02/03 at $1.99. Out 02/05 at $2.64. +33.72%.
Here’s what I saw: Silver had gone parabolic. I’ve watched this exact movie more times than I can count — SLV 2011, Bitcoin 2017, TLRY, BYND. The symbol always changes. The pattern never does.
When logic disappears, and the language gets extreme — “silver is going to $200, $500, $1,000” — that’s the tell. Every pullback is called “the last chance to buy.” Price targets go vertical. The crowd that wanted in is already in.
From the moment I woke up and saw silver futures that morning, I locked in.
The blow-off top trade isn’t about being bearish. It’s about recognizing when a move has gone parabolic and positioning for the inevitable reversion. I’ve written about this pattern extensively on the blog — the checklist is always the same, only the ticker changes.
If you want me to apply this process to your portfolio, managed accounts are open. $100,000 minimum. Your account is at Interactive Brokers under your name. You see every trade in real time.
