# Leveraged Swing Hold Rules

## Purpose

Leveraged and inverse ETFs can be used for more than same-day trades when the market has a strong directional regime.

This is a 2-7 trading day tactical framework, not long-term investing.

The goal is to participate aggressively in strong upside or downside trends while avoiding blind overnight exposure.

## Eligible Account

Leveraged and inverse ETF swing holds are `MAIN ACCOUNT ONLY`.

The sub account cannot trade:

- `SOXL`
- `SOXS`
- `TQQQ`
- `SQQQ`
- `UPRO`
- `SPXL`
- `SPXS`
- `QLD`
- `SSO`
- other leveraged or inverse ETFs.

## Swing Labels

- `NO OVERNIGHT`: exit or avoid before close.
- `OVERNIGHT WATCH`: holding overnight is possible, but only if the close confirms.
- `SWING HOLD 2-3D`: trend is clear enough for short swing hold.
- `SWING HOLD 3-7D`: strong directional regime supports multi-day hold.
- `REDUCE BEFORE WEEKEND`: weekday trend exists, but weekend gap risk is too high.
- `EXIT SWING`: trend, stop, or thesis invalidated.

## Long Leveraged Swing

Use `SOXL`, `TQQQ`, `UPRO`, `SPXL`, or `QLD` for multi-day long exposure only when most are true:

- Market regime is risk-on or trend repair.
- QQQ/SPY are above or reclaiming key levels.
- Sector leadership is broad enough, not only one mega-cap.
- For `SOXL`, `SMH/SOXX` and semiconductor leaders are improving.
- VIX is flat or falling.
- Pullbacks are bought and closes are strong.
- Bad news stops creating new lows.
- Target, stop, max loss KRW, and time stop are defined.

## Inverse Leveraged Swing

Use `SOXS`, `SQQQ`, `SPXS`, or similar inverse ETFs for multi-day downside exposure only when most are true:

- Market regime is risk-off or failed bounce.
- QQQ/SPY/SMH/SOXX lose key levels with volume.
- Rallies are sold into the close.
- VIX, rates, dollar, or credit stress support defense.
- Sector leaders fail rebounds or guide down.
- The user is not using the inverse trade emotionally after losses.
- Target, stop, max loss KRW, and time stop are defined.

## Required Swing Plan

Every leveraged swing recommendation must include:

- Ticker.
- Direction: long or inverse.
- Account: main only.
- Intended hold: 2-3D or 3-7D.
- Current price, source, timestamp.
- USD/KRW, source, timestamp.
- KRW budget and calculated shares.
- Entry zone.
- Add condition, if any.
- Target 1 and trim action.
- Target 2 and trim/exit action.
- Trailing stop.
- Hard invalidation.
- Max loss KRW.
- Time stop.
- Weekend rule.
- Daily revalidation checklist.

If price or FX is missing, output `NEEDS LIVE PRICE/FX`.

## Daily Revalidation

Leveraged swing holds must be revalidated every trading day.

Continue holding only when:

- The underlying index/sector still supports the direction.
- The ETF closes above the planned trailing level for long trades, or below the planned trailing level for inverse trades.
- No major event risk invalidates the setup.
- The user's fatigue level still allows execution.
- The position is not larger than the account can emotionally and financially tolerate.

## Profit And Risk Rules

- At target 1, trim at least 25-50% unless the report gives a clear runner reason.
- After target 1, move stop to breakeven or a technical trailing level.
- At target 2, harvest enough that the remaining position cannot turn into a painful loss.
- If the trade reaches +15-25% quickly, prefer `HARVEST` or `TRIM AND TRAIL`.
- Do not average down in leveraged ETFs.
- Do not flip from SOXL to SOXS or SOXS to SOXL without a clear regime-flip label.

## Weekend Rule

Holding leveraged/inverse ETFs over a weekend requires explicit approval:

- Trend still strong.
- Event calendar not dangerous.
- Gap risk is acceptable.
- Position size is reduced or protected.
- User does not need sleep-damaging monitoring.

Default: `REDUCE BEFORE WEEKEND`.

## Kakao Summary Format

`레버리지 스윙: [SOXL/SOXS/etc] [2-3D/3-7D]. 방향 [...]. 수량 [...]. T1/T2 [...]. Stop [...]. 주말 [...]. 오늘 결론 [...].`