11/4 – ETF Trading – Special Focus on EWC
As I mentioned in my previous post, we took a trading loss on EWC, eventhough we followed our etf trading strategies and signals. As much as we would like every trade to be profitable, real trading, even high probability trading, can result in losses.
The goal in trading is to adopt a proven trading system, and then to follow that system, consistently and systematically. Overtime, your trading results will be profitable.
Trading results for EWC for the past 2 months are posted here. As you can see, we had a trading success rate of 75% !
Need more details on a proven trading system? Get 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. With easy to follow signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading – available at Amazon.com or save $10 at TradingMarkets.com.
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