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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• 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......
• 03/15 - ETF Trading - XLE, DIG XLE closed higher yesterday, but still not enough to trigger our exit signals. Updated charts are posted below. Take a third trading position should XLE close lower than 73.83 - trade DIG on this signal for the leveraged trade. Otherwise, our exit signals for XLE are triggered when the etf......
• 11/11 - ETF Trading - No Trading Today On this day, please remember the Veterans who proudly served our country. ----- No trades for today. The stock market certainly remains overbought (see the chart of SPY I've posted - the RSI(2) remains very high). We'll patiently wait for the market to trigger our entry signals. In the meantime,......

• 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......
• This Sort Of Trading Has Numerous Positive Aspects Across Equity Trading Like The Stock Exchange. Its Fees Are Incredibly Small, Making The Cost To A Trader Very Minimal Too. This sort of trading has numerous positive aspects across equity trading like the stock exchange. Its fees are incredibly small, making the cost to a trader very minimal too. Pertaining to some investors it is a buy.sell point produced by one of the many widely used signs accessible these days.......

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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• 07/13 - ETF Trading - XLU, SDP, SPY, SDS XLU closed higher yesterday. We have a full trading position in XLU and/or SDP, and we're just waiting for a stock market sell-off to trigger our etf exit signals, now. SPY closed ever so slightly higher yesterday, enough to trigger taking a third and final short position. The higher closing......
• 01/07 - ETF Trading - Why Trade ETFs? No trades today. The broader market remains overbought - see the high RSI(2) value on the chart for SPY below. Some of the sector indices are starting to turn over. However, we'll wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in......
• 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......

• Finding the Best Markets for Swing Trading and Investing A common question I receive is, "How do I find the best markets to trade?" The inquiry comes mostly from stock traders, but it's applicable to futures and forex traders as well. There are several approaches that can be taken. Here are the ones that I use: Use a scanner......
• Are Stocks A Better Investment Than Real Estate? According to this article in Money Magazine, stocks are a better investment, based on a study taking in account the years 1978 to 2004.While there are some valid points favoring stocks over real estate, I think it was a one sided arguement.Why choose a period where the stock market did......
• Trading Stocks Guide 2 Stock trading has numerous benefits as a viable part time occupation. In contrast to a second job, there are no special qualifications to begin. The stock market doesn’t care about your level of success, education, ethnic origin or any personal characteristics. Complex employers, office politics or difficult employees do......

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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• 12/01 - ETF Trading - SPY, SH, SDS We're shorting SPY in this current trading session. You could also trade the inverse etfs - SH and/or SDS. Wow; SPY closed strongly higher yesterday (SH and SDS closed lower), enough to trigger taking a second trading position. Take a third and final short trading position only if the closing price......
• ETF Trading - EWT, AGG We took our initial positions in EWT and AGG at the close of the market yesterday. Consider taking the second long position should these etfs close lower today. Our signal for TIP did not trigger yesterday. These trades are based on the strategies and stock trading techniques found in the......
• 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......

• 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......
• 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......
• 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.......

10/28 – ETF Trading – USO, SCO

Our short trade in USO continues to drag on and is taking a bit longer than our usual trade. 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 higher 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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• 07/01 - ETF Trading - No Trades Today Late-day selling pushed the market lower yesterday. The broader market remains oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we'll patiently wait for a stock market rebound to trigger some new etf......
• 10/08 - ETF Trading - Gains on USO, SCO A winning trade on our short oil trade, though our gain was small. Our etf exit signals for USO triggered yesterday and we took a gain of just 0.75%. The leveraged etf trade in SCO yielded a gain of nearly 1.00%. Updated charts are posted below. We have made 28......
• 12/10 - ETF Trading - USO, UCO, FXI With yesterday's close lower, we're into a full trading position for USO (and UCO). We've scaled into three trading positions over the past several trading days. From our watch list yesterday, FXI moved lower, and we scaled-into our first trading position. Take a second position in FXI should it move......

• 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......
• Get a Lifetime Investment Income From Your Retirement Portfolio I've written quite a bit about the infamous 4% withdrawal rate rule. I say "infamous" because I don't like it. It may have worked in the past. Now this rule of thumb is more like a rule of "dumb." We are more prone to black swan market crashes and burdened......
• Growth of Sustainable Finance to Support the Environment Due to the recent financial crunch on the global platform, a majority of the investors from all over the world have realized the need for sustainable finance. Thankfully, a lot of companies have come forward to join this green agenda; green funds are fast becoming the new face of......

10/27 – ETF Trading – USO, SCO

Our short trade in USO made progress by moving lower yesterday. We have a full, short trading position and we’re patiently waiting for continued selling to trigger our exit signal.

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 …

—–

• 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......
• 01/12 - ETF Trading - TPS Trading Strategy No trades for today. The stock market certainly remains overbought (see the chart of SPY I've posted - the RSI(2) remains very high). We'll patiently wait for the market to trigger our entry signals. In the meantime, get a quick lesson on how to become a high probability trader in......
• ETF Trading - FXI, SLV, AGQ FXI moved higher still, yesterday. We'll take our trading gains on the exit signals. Some new etf trading ideas to consider today include SLV and/or AGQ. Take your first long position at the market close, should these move lower today. The objective of the iShares Silver Trust (SLV)is for the......

• Three Ways To Get Free Stock Trades [Below is a guest post from Bullishness.com. More information about the author and Bullishness are at the end of the article. Many of you probably know about how Zecco offers free stock trades, but did you know Zecco isn't the only online stock broker that does this? If you're an......
• Choosing a Great Investment Manager You know that past returns are not indicators of future performance, right? You've read that on a billion mutual prospectuses. Nonetheless people tend to use their past returns as their primary motivation for selecting new ventures and speculations. This is probably a combination of everyday human nature, the historical charts......
• Long-Short Bond Trade: Now With Reduced Volatility! In a previous post on Deleveraging, I promised I'd talk about an interesting long-short bond trade that I entered last week. If you believe that US Treasuries are over-valued, or foreigners will lose their appetite for US debt thus forcing up the interest rates, you're probably looking to short treasuries. ......