Posts Tagged ‘scale-in’

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.

• 02/18 - ETF Trading - Loss on USO, UCO Our etf exit signals finally triggered for this agonizing trade in USO. Unfortunately (and luckily) we took just a small loss in the trade - 0.66%. The leveraged etf trade in UCO yielded a loss of 3.36%. USO did have a nice rally yesterday - up 1.49% - which helped......
• 04/16 - ETF Trading - IYR, URE Good morning. Not a whole lot is flashing on my stock screener; however, I do have a suggestion for today. Put IYR on your etf watch list. Take an initial position should this etf close lower today. For a leveraged trade, consider URE. IYR - The iShares Dow Jones U.S.......
• 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......

• Corporate Web Site Design Is A Reflection Of Your Respective Business The organization web site companies market has numerous designers with each designer has various amounts of creativity, style and design and skill. However, for good quality websites, a skilled lawyer website design needs to add a corporate look to the website in order to maintain the logos and marketing message......
• Trading Stocks Guide 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......
• Easy Ways to Increase Organic Visitors to Your Corporate Blog In many people’s opinion, organic traffic is the best. It’s free, it’s targeted and nine times out of ten, you’ll get a much better response, whether it’s for a company promotion, getting readers to your blog and building up solid relationships. Let’s take a look at just a few easy......

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.

• 07/14 - ETF Trading - XLU, SDP, SPY, SDS We have a full short trading position in XLU and we're just waiting for a stock market sell-off to trigger our etf exit signals. The inverse leveraged etf trade is in SDP. We also have a full short trading position in SPY. A stock market sell-off will trigger our etf......
• 03/11 - ETF Trading - XLE, DIG So much chaos in the world - social unrest in the middle east, and now earthquakes and tsunamis in Japan. I hope you're in a safe place today. XLE closed lower yesterday with the big sell-off in stocks. Accordingly, you took your second position in our etf trade. Likewise for......
• 09/27 - ETF Trading - USO, SCO Oil closed higher on Friday, generating an etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider taking the inverse etf - SCO. However, follow the etf trading signals for USO. SCO is a double inverse etf......

• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......
• How Was Your First Time? As part of a Money Mavens group project, we have decided to talk about our first time. The first time is always exciting. You are nervous; you don’t want to make any mistakes. This is why you try to take your time even though you are very excited. I have......
• How to Create Alternative Income If you're currently living paycheck to paycheck, or you would just like to have a little more financial security, the key is creating alternative forms of income. While to many people this means getting a second job, there are actually easier ways that you can start bringing in more money......