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.

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