01/12 – ETF Trading – TPS Trading Strategy

No trades for today. The stock market certainly remains overbought (see the chart of SPY I’ve posted – the RSI(2) remains very high). We’ll patiently wait for the market to trigger our entry signals.

In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry Connors. In it, he talks about his TPS trading strategy. TPS stands for Time, Price and Scale-in and has been the backbone of our ETF trading.

Get all the details of TPS trading and other etf trading strategies in the book by Larry Connors: High Probability ETF Trading. His TPS trading strategy has only a few rules and you’ll be able to back-test and apply the strategy to the next trading day. Take your ETF trading to the next level in High Probability ETF Trading. This new strategy book, complete with exact trading rules, is backed by over a decade of statistical results. Now available in paperback!

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• 05/18 - ETF Trading - No Trades Today The markets rebounded yesterday afternoon, and so did our etf watch list. We were looking for prices to close lower. As such, we did not take any etf trades yesterday. What about UYG - it closed lower? Yes it did, but for the leveraged trades, I take the etf trading......
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