08/20 – ETF Trading – Gains on SPY, SDS

A nice little gain on our S&P 500 short trade – our etf exit signals for SPY triggered with yesterday’s sell-off and we took a gain of 1.74%. The leveraged etf trade in SDS yielded a gain of 3.43%.

We didn’t have a full trading position for this trade, but we still had a winning trade. Our goal is to produce more winning trades versus losing trades. On that goal, we’re on track.

I have no etf trading opportunities to suggest today. We’ll wait for another market rebound to trigger some new short etf trading opportunities. Have a great weekend!

Learn why we’re now trading short. Get 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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