02/04 – ETF Trading – No Trades Today

Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are in transition. A stock market pull-back will trigger some new etf trading signals.

Once we enter an etf trade, we won’t always take just one trading position. There are times when we’ll scale in to the trade – sometimes up to 3 to 4 additional positions. And each position gets a bit larger than the previous position. Larry Connors has a great summary of these strategies which you can review – I think you’ll enjoy it.

At ETF-Stock-Trading.com, we scale in with 3 positions. You can download the worksheet I use here.

All of the etf trading signals I use are found in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. With easy to follow signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading.

Disclaimer:The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

• 10/19 - ETF Trading - USO, SCO USO closed higher yesterday, enough to trigger taking a third and final short position. The higher closing price for USO also triggered a third and final long position for SCO. We'll now wait for our etf exit signals. Our exit signal is triggered when the RSI 2 for USO is......
• 10/04 - ETF Trading - USO, SCO USO closed higher Friday, enough to trigger taking a second short position. Take a third and final short trading position only if the closing price of USO moves higher from here. Follow the signals for USO to make the third long and final leveraged trade for SCO. Otherwise, we'll just......
• 05/11 - ETF Trading - Loss on EWH Our etf exit signals triggered for EWH. Unfortunately, we lost 4.12% on the trade. You win a lot of trades with high probability trading, but not all of them. All trades were at the market close. Updated charts are posted below. Here's a look at what we've done in previous......

• Looking at CGMFX Its that time of year, where you should be looking at your investment portfolio, assessing your performance, seeing what you did right or wrong and if any part of it needs to be rebalanced. Its also a good time to assess your tax liability and see if you can (or......
• The Pros and Cons of Investing in ETFs In last decade, specialty ETFs (Exchange Traded Funds) are probably the hottest thing to hit Wall Street since the rise of the discount brokers in the mid 1990s. Initially, ETFs were not very popular because they only tracked the performance of a few stock market indices. However, in today's investing......
• Junior Gold Miners ETF, the Bubble in Gold and What You Should Worry About Over the Weekend Is there a bubble in gold? Liz Weston thinks so.  And if you talk to Matt at Steadfast Finances, he'll be quick to agree. I'd concede there's definitely a boom or "bandwagon" effect happening with money flowing into gold right now, but I'm not convinced it can be called a......