06/25 – ETF Trading – Loss on FXI, FXP

Our etf exit signals for FXI finally triggered yesterday and we took a small loss on our short trade. We lost .39% shorting FXI and we lost 4.01% on the leveraged trade in FXP.

We make a lot of winning etf trades, but, unfortunately, not all of them. A successful trader understands that not all trades are winners, and the goal, over time, is to produce more winning trades versus losing trades. On that goal, I think we’re on track. Just click here to review our Monthly Results.

I have no other etf trades to suggest today. Let’s take the trading day off and start again on Monday. Have a great weekend.

Learn more about etf trading strategies 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.

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.

—–

Get More Day Trading Strategies

Blog Traffic Exchange

Related Posts
  • 10/06 - ETF Trading - No Trades Today More buying pushed the broader market higher yesterday. SPY has moved into an over-bought area - see the RSI 2. And since the broader market is below its 200 day moving average, another day of buying should trigger our short etf trading signals. We want to take a short trade......
  • 01/11 - ETF Trading - SLV, AGQ We're patiently waiting for our etf exit signals to trigger. SLV closed higher yesterday, but not enough to trigger our exit signals. Our etf exit signals are triggered when the etf price is greater than it's MA(5), or - for a potentially larger gain - when the RSI(2) is greater......
  • 10/13 - ETF Trading - No Trades Today The broader market closed higher yesterday. The chart for SPY shows just how over-bought the market is (see the updated chart for SPY below - notice the high RSI(2) reading). We'll wait for a market sell-off to trigger some new etf trading signals. Why trade etfs? John Nyaradi, in an......
Blog Traffic Exchange

Related Websites
  • Day Trading Penny Stocks Is Not Worth The Risk Trading penny stocks is one of the many strategies used by investors to try to gain profit in the investment world. Understanding the process, doing your research and weighing all the options are essential to making this strategy work for you. The definition of day trading is buying and selling......
  • 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......
  • Using a Home Improvement Video to Guide Your Project Home improvement handymen these days get a lot of their information from the internet. There is nothing wrong with this as there are many sites just like this one that exists to provide people with useful information on the different aspects of home improvement. However, one thing that you need......