04/12 – ETF Trading – Loss on FXY
Our etf exit signal finally triggered for our trade in FXY. Unfortunately we took a loss of 1.27% in the trade.
Our goal is to produce more winning trades versus losing trades. On that goal, we’re on track. Including the loss on this trade, we still have made 40 winning trades out of 50 trades in the last 12 months. That’s a winning percentage of 80%. You can review all of our trades by month.
I have no etf trading opportunities to suggest today. We’ll wait for a broader market trend to offer new etf trading opportunities.
Learn more about the etf trading strategies we use here. They’re in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. Get your copy today and be ready for the next trading session.
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