Posts Tagged ‘tps trading strategy’

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 this article by Larry Connors. In it, he talks about his TPS trading strategy. TPS stands for Time, Price and Scale-in and has been the backbone of our ETF trading.

Get all the details of TPS trading and other etf trading strategies in the book by Larry Connors: High Probability ETF Trading. His TPS trading strategy has only a few rules and you’ll be able to back-test and apply the strategy to the next trading day. Take your ETF trading to the next level in High Probability ETF Trading. This new strategy book, complete with exact trading rules, is backed by over a decade of statistical results. Now available in paperback!

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• 9/17 - No Trades Today Markets remain overbought by our measures. We're still patiently waiting for a market pull-back to trigger our stock trading entry signals. From our watch list, EWJ moved higher yesterday, so we did not enter the trade. All of the signals and strategies I use are found in the book by......
• 03/02 - ETF Trading - FXI, FXP Good morning. FXI moved higher yesterday and you took your first short position in the etf trade. Take your second short position should FXI close higher today. Otherwise, our exit signals are triggered when the etf price closes lower than it's MA(5), or - for a potentially larger gain -......
• 12/2 - ETF Trading - No Trades Today Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are moving toward an overbought condition. We'll wait for a stock market pull-back to trigger some new entry signals. Once we get an etf trading signal, we won't always take just one trading......

• What About LOR-Lazard World Dividend & Income Fund? When I first heard about LOR, I thought it meant Lord of the Rings, but no, the topic was on Lazard World Dividend & Income Fund(LOR). I got this email from a reader: I love your blogs. Please tell me what to think about an odd stock - LOR. They......
• Cash Building Strategies Series: Types of Legitimate Online Businesses, Part 6 Making Money Coaching Others    A coach is one who takes their know-how in a particular craft and sharing it with others who want to be successful in that field as well. Coaches can be experts in anything from writing to marketing to business itself.    If you have good......
• Finding the Right Financial Planner Market losses and chaotic market behavior increase the need for accurate and unbiased retirement and financial planning advice. Tax rates will have to sharply increase to pay for recent government rescues and bailouts.  Baby boomers and others seeking to accumulate and preserve wealth will adjust their financial goals and reconsider present and future money strategies......