Posts Tagged ‘sco’

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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• 09/20 - 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), but not enough to trigger our exit signals. Follow our exit signals......
• 10/26 - 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......
• 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......

• Investment: Managed Funds or DIY Today, I'm happy to offer a guest post from Alban: Wherever possible we all like to avoid paying someone to do something, which we could just as easily have done ourselves. However, too often you find that you thought you could do without paying an expert for their help, only......
• Stock Exchanges Curtail Short Selling Yesterday the SEC and UK's Financial Services Authority made very drastic moves by disallowing traders from shorting financial stocks.  Selling short is the practice of selling shares of securities that are not owned by the seller.  Shares are borrowed on margin, sold, and then purchased at a later date.  If......
• 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......

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 …

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• 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......
• 12/08 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday (SH and SDS closed lower), bumping up against the 200 day moving average and remaining in over-bought territory (see the RSI 2 chart below). We're waiting for a sell-off to trigger our exit signals for our short trade in SPY. Our short exit signals for SPY......
• 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......

• Online Investing and Money Advice Money Magazine has published an article discussing the "future of financial advice." I agree with some of the guidance in the article. A lot of it I disagree with, at least for baby boomers planning for retirement. The flaw in most articles about sources of investing and retirement advice is......
• Investing in Dollarama, Canada's First Publicly-Traded Dollar Store Begins Trading This Week When it comes to retail and consumer stocks, Canadians have a few staples to choose from: Canadian Tire (TSX: CTC), Shoppers Drug Mart (TSX: SC), Tim Horton's (TSX: THI), even some income trusts like Cineplex Galaxy Income Fund (TSX: CGX.UN) and Pizza Pizza Income Fund (TSX: PZA.UN). Now Canadians can......
• What Does it Mean When an ETF Jumps the Track I was reading Investment Advisor Magazine the other day when I saw an article titled, “Despite Growth, More ETFs ‘Jump the Track’” and I thought to myself how could an ETF jump the track? Is that like jumping the shark?  Well, as it turns out the term, jump the......

10/26 – 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 …

—–

• 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......
• 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......
• 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......

• How to Invest in Real Estate Without Buying Property Since the housing bubble burst and the subprime lending mess hit the headlines, it seems like I can't take a virtual stroll down the information suburbs of personal finance blogs without tripping over posts about why people shouldn't buy homes, or real estate. My Two Dollars, for instance, has......
• Trading the World Wide Forex Market Forex is a trading 'method' also known as FX or and foreign market exchange. Those involved in the foreign exchange markets are some of the largest companies and banks from around the world, trading in currencies from various countries to create a balance as some are going to gain money......
• JackPOT Options - Options and Stock Trading Service There will be losing trades just as there are costs to running any business and we treat trading the JackPOT Options Trading System as an actual Trading Business.In fact trading with no money, or "paper trading", although using your imagination to paper trade in real time exactly like you would......