12/29 – ETF Trading – Scale In Strategies
Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are in an overbought condition. We’ll wait for a stock market pull-back to trigger new entry signals.
Once we enter an etf trade, we won’t always take just one trading position. There are times when we’ll scale in to the trade – sometimes up to 3 to 4 additional positions. And each position gets a bit larger than the previous position. Larry Connors has a great summary of these strategies which you can review – I think you’ll enjoy it.
Here’s an updated chart for SPY showing the overbought condition of the market.
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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- 04/27 - ETF Trading - EWH, XLF, UYG EWH closed higher yesterday. As such, you did not take the third trading position in the etf trade. Our etf trading strategy is to scale in with up to three 3 trading positions, but we'll wait for the market to present the trading opportunities. Take a third trading position today......
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Categories: ETF Stock Trading Tags: scale-in
11/18 – ETF Trading – No Trades Today – Scale-in Strategies
Good morning. My stock screener is telling me that we have no etf trading opportunities today. We’ll wait for a stock market pull-back to trigger some new entry signals.
We had a great one-day trade on USO and/or UCO – see yesterday’s post. We took only one position in the trade, yet there are times when we’ll want to scale-in to a trade – sometimes up to 3 to 4 additional positions. And each position is a bit larger than the previous position as the etf price moves lower. Larry Connors has a great summary of these strategies which you can review – I think you’ll enjoy it.
All of the signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The 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 trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. 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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Categories: ETF Stock Trading Tags: scale-in














