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11/02 – ETF Trading – Loss on USO, SCO

Our exit signal for our short trade in USO finally triggered yesterday, unfortuately at a loss. Our loss in USO was 3.82% while our loss in the leveraged trade in SCO was 8.72%.

Though we had a loss on this trade, we still have made 17 winning trades out of 21 in the past 12 months. That’s a winning percentage of over 80%. Our goal is to produce more winning trades versus losing trades. On that goal, we’re still on track.

I have no etf trading opportunities to suggest today. We’ll wait for the broader market to make a move to present some new etf trading opportunities.

Now is a great time to learn all about etf trading strategies we use here. They’re all contained in the book by Larry Connors: High Probability ETF Trading. Seriously, his etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. Get your copy today!

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.

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• 02/01 - ETF Trading - No Trades Today Our etf trading signals for SPY did not trigger yesterday. We'll make no trades today. The broader market closed higher yesterday. The chart for SPY shows just how over-bought the market is (see the updated chart for SPY below - notice the very high RSI(2) reading). We'll wait for a......
• 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......
• 03/09 - ETF Trading - No Trades Today The broader market remains overbought (see the updated chart for SPY below - notice the high RSI(2) reading). As such, I have no etf trading suggestions for today. A stock market pull-back will trigger some new etf trading signals. How do we find the etf candidates to trades? It's a......

• Unhappy with Your Full or Discount Stock Broker? During tough economic times and times of volatility in the stock market, many look at their full service stock broker and wonder if they could be doing a better job. Many question their full service broker's fiduciary, competence and expenses. Most investors only wake up to the fact when the......
• Should You Buy A Tech ETF? Technology ETFs, also referred to as tech ETFs, are exchange traded funds related to technology. ETFs were first introduced in 1993. Because they are affordable, flexible, tax efficient, many investors are taking the ETF approach to investing. If you see the benefits of investing in ETFs compared to traditional stocks......
• Review: YOU on a DIET: The Owner's Manual for Waist Management by Michael F Roizen, M.D. and Mehmet C. Oz, M.D Title - YOU on a DIET: The Owner's Manual for Waist Management Author - Michael F Roizen, M.D. and Mehmet C. Oz, M.D Format - Hardcover, 370 pages Publish Date - 2006 Publisher - Free Press, Simon & Schuster, Inc ISBN - 0743292542 and 9780743292542 From the authors behind YOU:......

10/14 – ETF Trading – USO, SCO

For our short trade, USO closed lower yesterday, and triggered our 5 day moving average signal for a gain of 1.77% – all in less than a week. The inverse trade in SCO yielded a gain of 3.28%. Updated charts are posted below.

If you’re waiting for the RSI 2 signal to trigger, we may still have an opportunity to scale in to the trade. Take a second trading position should USO close higher than our entry price on 10/10 – the same for SCO, but, of course, closing lower.

Otherwise, our exit signal for USO is now triggered when the RSI 2 is less than 30. Exit the trade in SCO following the signal for USO.

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

Join me every day as I offer new etf trading ideas for you to follow.

Updated charts:

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.

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Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

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• 02/19 - ETF Trading - FXI, FXP FXI moved higher at the close yesterday and you took your first short position. Should FXI move higher today, take a second short position. Otherwise, our exit signals are when the closing price of FXI moves below its MA(5) or - for a potentially larger take - when the closing......
• 07/09 - ETF Trading - XLU, SDP, SPY, SDS XLU closed higher yesterday, enough to trigger taking a second short position. Take a third and final short trading position only if the closing price of XLU moves higher from here. Follow the signals for XLU to make the third and final etf trade for SDP, as well. SPY closed......
• 08/09 - ETF Trading - Gains on USO, SCO A nice little gain or our short oil trade - our etf exit signals for USO triggered Friday and we took a gain of 1.92%. The leveraged etf trade in SCO yielded a gain of 3.41%. We didn't have a full trading position for this trade, but we still had......

• You Will Need To Spot An Absolute Optimum Point Of Accessibility. Never trade your foreign currency pair without extreme and constantly dont forget that the main blog style is your buddy. Discover a program that is trained by any trader. Do not trade your foreign currency pair suddenly and continually remember that your phenomena is your friend. Automated Forex trading software......
• Though This Business Venture Is A Risky One, It Is Possible To Now Decide To Computerize Your Trading Venture As Well As Help To Make It A Little Handy For Traders To Make Money. Currency Exchange may be generating huge movements during a daily stage but this does not mean that you should be intentionally looking to buck all of the development. Dont forget, you are trying to accurately foresee the future selling price of a foreign currency pairing to earn money and should......
• Selling Stock Winners to Become More Diversified Just yesterday I wrote about receiving a welcomed Johnson & Johnson dividend payment. Well today, I decided to sell off some of that position, and a couple other winners, to free up some cash to diversify. Over the last few months, as I began building up this small portfolio of......

09/22 – ETF Trading – Gain on SPY, SH, SDS

Waiting for our RSI 2 signal to trigger made for a nice gain on our short trade yesterday! Our exit signal for SPY triggered with yesterday’s sell-off and we took a short gain of 4.00% at the close. The inverse trades in SH and SDS yielded gains of 3.91% and 8.01% respectively – all in 5 days.

Our goal is to produce more winning trades versus losing trades. On that goal, we’re still on track. We have made 20 winning trades out of 24 over the past 12 months. That’s a winning percentage of over 83%!

I have no trades to recommend for today. We’ll wait and see what the the market presents for us next week. Let’s make it an early weekend!

OK – now is the perfect time to get the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. You’ve seen my results. Get your copy today and be ready for the next trading session.

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.

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• 01/25 - ETF Trading - IWM, UWM IWM closed higher yesterday, but not enough to trigger our exit signals. Updated charts are posted below. Take a third trading position should IWM close lower than 77.19 - trade UWM on this signal for the long trade. Otherwise, our exit signals for IWM are triggered when the etf price......
• 04/29 - ETF Trading - EWH, XLF, UYG Stocks rebounded yesterday, but not enough to trigger our exit signals. We have a full trading positions in EWH and our first trading position in XLF and/or UYG. Our etf entry signal for SPY / SSO did not trigger. For EWH, we'll patiently wait for our etf exit signals to......
• 08/09 - ETF Trading - Gains on USO, SCO A nice little gain or our short oil trade - our etf exit signals for USO triggered Friday and we took a gain of 1.92%. The leveraged etf trade in SCO yielded a gain of 3.41%. We didn't have a full trading position for this trade, but we still had......

• What's Next For Zecco Users Zecco put an end to their free trades last week enraging a lot of users in the bargain. Zecco was a relatively new entrant to the highly competitive discount broker space and had a number of users switch to their system due to their hard-to-beat offering of unlimited free trades......
• When is an ETF not Actually an ETF? Exchange Traded Funds have been popular for decades since they provide diversification with the ease of trading and dollar cost averaging.  They have gotten so popular that the actual topic of ETFs now include specific industries, super concentrated funds and even active investing.  However, when is an ETF not really......
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