Archive for July, 2009

for Technorati

iu2t73rnk4

• ETF Trading - XLI, SIJ, IYR, SRS XLI closed higher, yesterday. And even though it closed above it's 200 day moving average (in violation of the guidelines set forth in High Probability ETF Trading), this etf, nevertheless, looks overbought and due for a correction. The same applies for SIJ (inversely). I added the 50 day moving average......
• 08/24 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday, with an RSI 2 greater than 75. Should it close higher today, consider taking your first short position in this etf trading opportunity. SPY - The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price and yield performance of the......
• 9/11 - ETF Trading - No Trades Today Please remember those who lost their lives on this date in 2001. ******* The stock market indices remain overbought by our measures. We'll patiently wait for a market pull-back to trigger our stock trading entry signals. All of the signals and strategies I use are found in the book by......

ETF Trading – SLV, EWJ

OK, lets’s get started trading.

Based on the strategies found in High Probability ETF Trading, we have 2 trading candidates today:

• SLV
• EWJ

Both stocks are above their 200 day moving average, and with RSI(2) scores below 3, this suggests that these etfs are oversold. Look to enter a position at the market close if these etfs move lower today.

SLV has been down 6 days in a row – odds favor a bounce sometime soon.  Traders of SLV could also trade AGQ.

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.

• 04/15 - ETF Trading - Gains on USO, UCO Nice gains on the oil trade! Our etf exit signals triggered for USO and UCO. We gained 2.09% on USO and 3.55% on UCO. All in a 3 day trade! All trades were at the market close. Updated charts are posted below. You can download the spreadsheet for the etf......
• ETF Trading - No New Trades for Friday No new stock trading ideas were triggered yesterday afternoon. We're active in current trades as detailed in previous posts, and just waiting for exit signals to trigger. All trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading, except where noted. Disclaimer:The content......
• 12/13 - ETF Trading - Gain on XLU, UPW A small gain on our XLU trade: our etf exit signals triggered on Friday for XLU and UPW with the positive close on Friday. We gained .81% on XLU. For the leveraged trade in UPW, we gained 1.59%. We have made 32 winning trades out of 40 for the year.......

• Exchange Traded Funds a.k.a ETFs It’s time for another investment post in the My First Portfolio series.  I hope you have enjoyed reading about Mutual Funds, Stocks , and Dividends.  Today we are going to discuss another type of investment option that is available for our investment portfolios. Exchange Traded Funds are also known as......
• 10 Off the Beaten Path ETFs That Everyday Investors (Probably) Haven't Heard About Have you noticed that everyone seems more interested in the esoteric, out of the ordinary types of investments these days? I have. Some people might want to buy gold because they're caught up in the fear trade, or others might want to buy raw commodities like oil or natural gas......
• What is a Margin Investment Account? Applying for a Margin Account with Fidelity A pretty conservative co-worker came to me today and said it is 'time to bet against the market President Obama is speaking on Thursday and the market consistently falls when he speaks about the economy' and it got me to thinking about 'betting against the market.'  I don't short......

My Blog Log

I’m a member of My Blog Log

Undergoing MyBlogLog Verification

• 10/20 - ETF Trading - EWJ, EWY Prices for EWJ and EWY moved higher yesterday. As such, our entry signal did not trigger and we did not enter the etf trade. We'll wait for a stock market pull-back to trigger some new entry signals. Updated stock charts are posted below. Want more information about how I trade......
• 10/06 - ETF Trading - FXI, SPY, SSO Good morning. Another winning etf trade as FXI moved higher yesterday. We took our gain as the price moved higher than the MA(5). SPY and SSO moved higher yesterday, so we did not enter the trades. We'll wait for the next market correction for new trading opportunities. All of these......
• 10/09 - ETF Trading - No Trades Today Good morning. Our stock trading entry signal did not trigger for EWY yesterday. As such, we did not enter the trade. And, as I review my stock screener this morning, I have no new trades to recommend today. We'll just patiently wait for the markets to present us with the......

• Are ETFs a Good Way to Create Secondary Streams of Income? ETFs, or Exchange Traded Funds, are all the rage in the investment world, but so far, they really don’t have much of a track record. This is a fairly new method for investing and the long term data just isn’t there to determine how effective these investments can be over......
• Daily Stock Trading Tools Daily stock trading is a form of short-term investments as the buying and selling of stocks are completed within a day and you can easily see the results at the end of the day – you either earned some profit or not. This is more of a hands-on approach......
• Principles of Good SEO for Your Blog Regardless of whether you are writing a blog simply because you enjoy having a lot of people reading your thoughts, or if you are writing a blog because you are looking to generate income, one of the most important things that you need to do is maximize the SEO or......

Hello (Stock Trading) World!

Greetings, Stock Traders,

Let me introduce myself as a stock trader with a special interest in ETF stock trading.  My interest in ETFs came from reading two books by Larry Connors:

• Short Term Trading Strategies That Work
• High Probability ETF Trading: 7 Professional Strategies To Improve Your ETF Trading

I’ve read many books on stock trading and trading techniques – none quite as simple and easy to implement as detailed in these 2 books.

I hope to share just how easy it is to trade stocks – etfs, in particular – and get above average results from following Larry Connor’s techniques. The primary trade is a swing trade, lasting anywhere from 1 – 7 days.

Tune in every day to watch stock trading set-ups and follow the action.  Send me a comment or ask a question.

Here’s to your stock trading success!

Trader Seth

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.

• ETF Trading - A Look at QQQQ No stock trades here today.  We're waiting on a pullback in oil and the effect on USO and SCO.  See my post from yesterday. Just when you think a stock looks overbought, it goes higher still.  QQQQ defies logic.  And who says markets aren't a reflection of emotion?! Trades are......
• 10/26 - ETF Trading - IWM, UWM, EWC, EWT, EWY Prices for IWM, UWM and EWC moved lower at the close on Friday. As a result, we scaled-in to our second position. Should the market move higher from here, exit the trade at the market close when the etf price is greater than the MA(5), or - for a potentially......
• 10/28 - ETF Trading - IWM, UWM, EWC, EWT, EWY We're into a full trading position for IWM, UWM, EWC, and EWT. We've scaled-into three trading positions for each etf over the past several trading days. EWY moved lower yesterday, and we scaled-into our second trading position. Take a third and final trading position in EWY should it move lower......

• Top 10 Ways To Lose All The Money In Your Trading Account In 30 Days Or Less - Guaranteed! Taz Trader Blog has a great article on how to lose money trading.#10 - Put all of your efforts into finding the perfect technical indicator. Once you find this magical indicator, it will be like turning on a water faucet. Go all in. The money will just flow into your......
• The Quiet Millionaire by Brett Wilder There are so many personal finance books out there and most seem to fall into one of two categories – Get rich insanely quick or get frugal to turn your life around. For those of us that want a more solid and easy to accomplish means of developing a personal......
• Investing in Online Stock Trading Many people have heard about online stock trading and how some people have earned extra money from it. However, many of you are hesitant in trying it out since you heard of the risks but it is probably due more on the scarcity of information for beginners. Stock trading......