Posts Tagged ‘sco’

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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• 07/13 - ETF Trading - IWM, UWM IWM closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below. As we discussed yesterday, we'll scale in with up to three 3 trading positions. So, take a second position should IWM close lower today. Otherwise, our exit signals for......
• 02/14 - ETF Trading - USO, UCO Good morning. USO closed lower on Friday and you took your third and final position in the etf trade. Likewise for the leveraged etf trade in UCO. Now, we'll just wait for our exit signals to trigger. Our etf exit signals are triggered when the etf price is greater than......
• 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......

• Traders Winning Secrets We often hear that 95% of people who try trading for a living fail within the first year. These are not very good odds and it is natural for new traders to wonder if they have what it takes. In this issue, I give you a list of 20......
• ETF Investments - What You Need To Know Diversification is extremely important when developing or maintaining an investment portfolio. Typically, people have a mix of stocks, bonds and mutual funds when planning for their future, but now there is another product to add to the list of possibilities, etf investments. Exchange traded funds (etfs) were introduced in 1993......
• 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......

11/01 – ETF Trading – USO, SCO

Markets are moving lower this morning along with oil. Perhaps today is the day we can exit our short trade in USO. We have a full, short trading position and we’re patiently waiting for a continued sell-off and a move lower to trigger our exit signal. USO closed lower yesterday.

Our exit signal is triggered when the RSI 2 for USO is less than 30.

For the inverse leveraged trade in SCO, exit the trade following the signals for USO.

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

Learn more about short etf trading strategies in 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. 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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Don’t like this trade? Find out how a stock trader can turn $1000 into over $1 Million in 38 trades …

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• 09/21 - ETF Trading - SPY, SH, SDS We have 2 trading positions in our etf trading basket. We're shorting SPY in this current trading session. You could also trade the inverse etfs - SH and/or SDS. SPY closed lower yesterday (SH and SDS closed higher), enough to trigger our 5-day moving average exit signal and a gain......
• 12/05 - ETF Trading - SPY, SH, SDS We have 2 trading positions in our etf trading basket. We're shorting SPY in this current trading session. You could also trade the inverse etfs - SH and/or SDS. SPY closed lower on Friday, but not enough to trigger our exit signals. Follow our exit signals as stated below; otherwise......
• 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......

• There Is Certainly An Abundance Of Studies On Basic Trading Strategies Offered On The Internet, Start There. You could also go into details of the outline of the particular course to help you consider if it is a great forex training program. Remember, youre taking chance to accurately predict the upcoming selling price of a currency pairing to make money and should never take things easily working......
• Investing in a Crisis With so much uncertainty currently present in the marketplace, one of the most vital things that you can do to invest safely in a crisis market is simply to learn from mistakes in the past. Certain sectors of the market may seem incredibly attractive in times of a crisis, it......
• A Major Problem with the Modern Day Stock Market Guest Post Author Bio: This blog post was written by Tony Chou. Tony Chou teaches readers how to invest in the financial markets. He gives out different scenarios, and then explains how to invest in those scenarios, such as How to Invest in a Panic. Investors should have learned this from the stock market crash......

10/31 – ETF Trading – USO, SCO

Trick or treat? How appropriate as our short trade in USO continues to drag on. We have a full, short trading position and we’re patiently waiting for a sell-off and a move lower to trigger our exit signal. USO closed lower on Friday.

Our exit signal is triggered when the RSI 2 for USO is less than 30.

For the inverse leveraged trade in SCO, exit the trade following the signals for USO.

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

Learn more about short etf trading strategies in 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. 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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Don’t like this trade? Find out how a stock trader can turn $1000 into over $1 Million in 38 trades …

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• ETF Trading - TIP, USO, SCO, GLD, FXE The signals for TIP triggered yesterday - we're into the first long unit. USO closed below it's MA(5). Per the rules we've been following, this resulted in a losing trade (it's High Probability ETF Trading - not "guaranteed results" trading). Another exit strategy to consider is to exit the trade......
• 05/14 - ETF Trading - No Trades Today The broader market is now in neutral territory - see the RSI(2) value on the chart for SPY. Nothing we can do - we'll just patiently wait for a stock market pull-back to trigger our etf trading signals. Europe is down this morning which may trigger some selling here in......
• 12/8 - ETF Trading - EWC, USO, UCO Good morning. Yesterday, USO (and UCO) moved lower and you took your initial position in the trade. EWC moved higher and we did not take that trade. Should USO (or UCO) move lower today, take a second position in the trade. Otherwise, our exit signals are triggered when the etf......

• Learn Options Trading To Hedge Your Portfolio In today's turbulent economy, many investors are hesitant to invest in the market because it is plagued with uncertainty. While some sophisticated and hopeful investors still have comprehensive investment portfolios consisting of mutual funds, stocks, and bonds, the percentage of investors who are trading on the market has declined significantly.......
• 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......
• Stock Trading Boom Online stock trading has created a boom in the industry of stock market. It has made everyone to enjoy the excitement and thrill of stock trading by using your computer system. It has made possible to continue trading even if you are out of town, therefore, you can have......