10/18 – ETF Trading – No Trades Today

I have no trades to recommend today. The stock market is now bouncing into neutral territory (see the chart of SPY I’ve posted). We’ll patiently wait for the market to trigger our entry signals. Yes, etf trading can be a lot like fishing – at times just waiting for the fish to bite ;->

In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry Connors. In it, he talks about his TPS strategy. TPS stands for Time, Price and Scale-in and has been the backbone of our ETF trading.

Discover all the details of TPS and other etf trading strategies in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. Take your ETF trading to the next level in High Probability ETF Trading. This new strategy book, complete with exact trading rules, is backed by over a decade of statistical results.

Updated chart:

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