09/20 – ETF Trading – IWM, TWM

Hope everyone had a nice weekend. IWM closed a bit higher on Friday. We have a full trading position and are patiently waiting for our exit signals to trigger.

Our exit signals are triggered when the closing price for IWM is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’re using the latter signal.

Exit the trade in TWM on the signals for IWM.

All etf trades are at the market close. Please trade responsibly.

Do you know when to exit a trade? Many people tell you when to buy. Now learn when to sell. In Short Term Trading Strategies That Work, Larry Connors will teach you a number of exit strategies in order to help you sell into institutional money that comes into stocks.

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