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......
  • 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......
  • 08/05 - ETF Trading - USO, SCO USO closed just a penney lower yesterday. As such, we did not take a second short position in the etf trade. And since we're using the signals for USO to trade, we did not take a second trade in SCO, even though it closed a bit lower. Updated charts are......
Blog Traffic Exchange

Related Websites
  • Concepts for Jacking Up Your Newsletter Subscriber Base Are you attempting to find new top notch subscribers for your magazine? If you are one of these folks, you'll get some great input from this commentary that may help you get more subscribers. Make a Landing Page: Making the targeted audience conscious of what you offer and getting......
  • Vanguard Now Offering Free Trades on In-House ETFs Not to be outdone by low cost ETF competitors like Charles Schwab, Vanguard customers now have the option to trade Vanguard ETFs commission free, as well as benefit from online discount broker like commissions on individual stock trades. Commission-free ETF transactions. Vanguard brokerage clients may make commission-free transactions in Vanguard’s......
  • Mini Sites Vs. Authority Sites - Which Is Better? Mini sites and authority sites represent two alternative online marketing models, and not everyone understands the real differences. Inexperienced internet marketers often don't know the difference or have trouble choosing between these alternatives. Among the many considerations that are involved, you can't ignore Google's algorithms when it comes to ranking......