Archive for August, 2009

ETF Trading – USO, UCO, EWH

A nice 3.73% gain for UCO, if you exited on the (MA)5 signal given on Friday. Otherwise, we’re still in the trade for USO and UCO and we’ll take our gains on the RSI(2)>70 signal. All etf trades are at the market close.

We took an initial position in EWH on Friday. Consider adding to the position should it close lower today.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. Please trade responsibly!

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.

• 12/24 - ETF Trading - FXI Good morning and Merry Christmas. FXI moved higher yesterday, and we exited the trade on the RSI(2)>70 signal at the market close. Unfortunately, we took a 3.43% loss on the trade. Recall that we entered the position on 12/9 and then scaled-in to the trade over a several day period.......
• 12/14 - ETF Trading - USO, UCO, FXI We have full trading positions for USO (and UCO). FXI moved higher on Friday. As such, we did not take a third trading position in FXI. So, we'll just exercise some patience as we wait for the market to move higher from here. Futures are pointing higher this morning. Our......
• 02/17 - ETF Trading - USO, UCO To review, we're into a full trading position for USO (and/or UCO). We've scaled-into three trading positions over the past several trading days. We're just waiting for USO to move higher from here. We got a good start yesterday with a small gain for the day. Our exit signals are......

• Equity Trading Sales While there are plenty of day-in-the-life and week-in-the-life stories detailing what you do in investment banking, there’s surprisingly little information on sales & trading. We started to fix that problem by looking at what you do in fixed income – besides bankrupting your firm and causing the economy to......
• Tips in Investing With Stocks Many neophyte investors who do not know how to start investing in a stock market must first get themselves educated about the basic flow o stock investing. Stock trading, which is the buying and selling of shares of stocks, usually takes place on the exchange flow of the stock market......
• Gartman's Rules of Trading Every year Dennis Gartman publishes his "Rules of Trading." Here they are.DENNIS GARTMAN'S NOT-SO-SIMPLE RULES OF TRADING1. Never, Ever, Ever, Under Any Circumstance, Add to a Losing Position... not ever, not never! Adding to losing positions is trading's carcinogen; it is trading's driving while intoxicated. It will lead to ruin.......

ETF Trading – USO, UCO, EWH

A nice 2.08% gain on USO, yesterday, if you exited on the (MA)5 signal. Otherwise, we’re still in the trade for USO and UCO and we’ll take our gains on the RSI(2)>70 signal. All etf trades are at the market close.

Our signal for EWT did not trigger yesterday. Consider taking a position in EWH should it close lower today. The iShares MSCI Hong Kong Index Fund (EWH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Hong Kong market, as measured by the MSCI Hong Kong Index.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. Please trade responsibly!

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.

• 04/14 - ETF Trading - USO, UCO, EWT Good morning. USO moved lower yesterday and you took your second position in the etf trade. For the leveraged trade, UCO also moved lower and you took your second position in the trade. Should these etfs move lower today, take your third position in the trade. Otherwise, our etf exit......
• 09/14 - ETF Trading - IWM, TWM IWM closed higher yesterday, enough to trigger taking a third and final short position. IWM is over bought and ready for a correction - notice that the RSI(2) is high at 95.69. The higher closing price for IWM also triggered a third and final etf trade position for TWM. We'll......
• 09/16 - ETF Trading - IWM, TWM We're patiently waiting for our etf exit signals to trigger. IWM closed a bit higher yesterday. Be patient, dear trader. This etf trade has been exceptionally long. Our exit signals are triggered when the closing price for IWM is lower than it's MA(5), or - for a potentially larger gain......

• 7 Online Discount Brokers That Offer Stock Trades for $7 Or Less This article comes from DR at The Dough Roller, a blog about how to make more money, spend less, and invest the rest. As investors have become more and more comfortable trading stocks and options over the Internet, a number of online discount brokers have entered the market. Zecco was......
• Understanding and Avoiding Mutual Fund Fees Every now and again, I wonder if I'm writing at either a level that is too personal. One one hand, I believe that some of the reason people ready Lazy Man and Money is because of the personal focus. On the other hand, even I have to admit that my......
• Trading & Investing Strategies for the Current Environment This guest post comes from Kevin at 20smoney.com, a blog covering financial topics such as investing, money management and the development of income streams. Despite the fact that most people tend to think that a market that has already booked a 60%+ rally is a great time to be invested......

ETF Trading – USO, UCO, EWT

Oil retreated yesterday, and we took our initial position in USO and/or UCO. Should these etfs close lower today, take a second position. All etf trades are at the market close.

Consider taking a position in EWT should it close lower today. The iShares MSCI Taiwan Index Fund (EWT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Taiwanese market, as measured by the MSCI Taiwan Index.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. Please trade responsibly!

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.

• 12/17 - ETF Trading - USO, UCO, FXI Oil moved higher yesterday, and so did our etf trades in USO (and UCO). Our exit signals were triggered as the RSI(2) of the closing price moved above 70. We had a gain of .75% in USO, excluding trading costs. UCO broke even. We took a third trading position in......
• 05/03 - ETF Trading - FXI, XPP Good morning. FXI closed lower yesterday and you took your second position in the etf trade. Likewise for the leveraged etf trade in XPP. Should FXI close lower today, take your third and final position in the trade. Otherwise, our etf exit signals are triggered when the etf price is......
• ETF Trading - USO, UCO, EWH A nice 2.08% gain on USO, yesterday, if you exited on the (MA)5 signal. Otherwise, we're still in the trade for USO and UCO and we'll take our gains on the RSI(2)>70 signal. All etf trades are at the market close. Our signal for EWT did not trigger yesterday. Consider......

• Tips For Trading Stocks Online Imagine you are trying to do car repairs, and the only tool you have is a hammer. Sure, you’ll be able to get some jobs done, but they won’t be done properly and you’ll most likely break something else in the process. Trading stocks online is much like that.......
• 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......
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