Posts Tagged ‘twm’

09/28 – ETF Trading – IWM, RWM, TWM

IWM closed higher yesterday, with an RSI 2 greater than 75. Should it close higher today, consider taking your first short position in the etf trade.

IWM – The investment seeks investment results that correspond generally to the price and yield performance of the Russell 2000 index.

Can’t short IWM? Consider trading the inverse etf RWM or the double inverse etf TWM – please trade carefully.

RWM – ProShares Short Russell2000 seeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the Russell 2000® Index.

TWM – The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the Russell 2000 index.

Focusing on the inverse etfs, we may take up to 3 trading positions over the next couple of days. Our first position is 1/6 of our total trading amount. Our second position is 1/3 of our total trading amount. Our third trading position is 1/2 of our total trading amount. You could also take positions in a 20-30-50 ratio. All trades are at the market close. Please trade responsibly.

Assuming we get into the trade, our exit signals for RWM are triggered when the closing price for RWM is higher than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Trade TWM similarly.

Learn why the Russell 2000 index is now a good short etf trading opportunity in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day.

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 - Gain on SLV, AGQ Chalk up another winning trade. Our exit signals for SLV triggered with yesterday's rally and we took a gain of 2.11%. The leveraged etf trade in AGQ yielded a gain of 4.11% - all in a 5 day trade. A nice gain on our SLV trade. We've now made 34......
• 11/29 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday and moves to an over-bought condition. with the RSI 2 greater than 75. Should it close higher today, consider taking your first short position in the etf trade. Our etf trading signals are now weighted toward shorting etfs since SPY and other index etfs are now......
• 10/17 - ETF Trading - SPY, SH, SDS SPY closed higher on Friday and continues to remain over-bought with the RSI 2 greater than 75. Should it close higher today, consider taking your first short position in the etf trade. SPY - The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price......

• President-Elect Obama Roundup Another edition of the RCDL roundup. Congrats to President-Elect Obama for winning the election! Frugal | Money Saving Tips: The Christian Science Monitor takes a look at when gift-card promises go unfulfilled. Good points for holiday shoppers. Financial Ramblings writes this winter tip: The Most Beautiful Way To Save Money......
• Results From a 4.25 Year Asset Allocation Experiment City Girl 's Financial Blog has reminded me about asset allocation. Not that one should ever forget about asset allocation, but I forgot about July 31, 2002. It's when I decided the market was at a low. I picked that time to start a Yahoo Finance Portfolio of $100,000 to......
• 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......

09/24 – ETF Trading – Loss on IWM, TWM

Our etf exit signal finally triggered for this agonizing short trade in IWM. Time wise, this has been the longest trade of the year. Unfortunately (but luckily) we took a small loss in the trade – 0.40%. The leveraged etf trade in TWM yielded a loss of 2.10%.

Our goal is to produce more winning trades versus losing trades. On that goal, we’re on track. We have made 26 winning trades out of 34 for the year. That’s a winning percentage of over 76%. You can review all of our trades by month.

I have no etf trading opportunities to suggest today. We’ll wait for a broader market trend to offer new etf trading opportunities.

Learn more about the etf trading strategies we use here. They’re 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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Get More Day Trading Strategies …

• 01/22 - ETF Trading - EWH, EWZ, SPY, SSO With yesterday's market sell-off, we now have 3 trading positions in EWH and 2 trading positions in EWZ. Scale into a third and final position should EWZ move lower today. Exit either trade at the market close when the etf price is greater than the MA(5), or - for a......
• 9/11 - ETF Trading - No Trades Today Please remember those who lost their lives on this date in 2001. ******* The stock market indices remain overbought by our measures. We'll patiently wait for a market pull-back to trigger our stock trading entry signals. All of the signals and strategies I use are found in the book by......
• ETF Trading - EWT, EWC, GLD EWT retreated again. We'll patiently wait for our exit signal in order to take our gains. EWC and GLD both turned lower yesterday as well. If you're trading these etfs, you took your second position at the market close yesterday. There will be no update on Thursday. We'll review the......

• Mini Sites Vs. Authority Sites - Which Is Better? Mini sites and authority sites represent two alternative online marketing models, and not everyone understands the real differences. Inexperienced internet marketers often don't know the difference or have trouble choosing between these alternatives. Among the many considerations that are involved, you can't ignore Google's algorithms when it comes to ranking......
• Gaining Targeted Traffic From YouTube You need to have traffic if you run your own website or blog. If you don't have targeted visitors coming in to your site or blog, it is nothing more than a ghost town. The more people who visit your site, the better off you'll be. While there are plenty......
• Is Day Trading Gambling? This is a guest post by Jason at ChartShark.com There is quite a bit of debate in the financial world as to the placement of day trading in the grand scheme of things.  There are some who rely solely on day trading as their investment strategy, while for others it......

09/23 – ETF Trading – IWM, TWM

World markets are lower this morning and stock futures are pointing to a sell-off (as of 5:51 AM EDT). Perhaps today we’ll get the etf exit signals for which we’ve been so patiently waiting.

To review, we have a full short trading position in IWM which closed lower yesterday, but not enough to trigger our exit signals.

Our exit signals are triggered when the closing price for IWM is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’re using the latter signal.

Exit the trade in TWM on the signals for IWM.

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

Professionals and individual traders are flocking to ETFs. In Short Term Trading Strategies That Work, Larry Connors teaches you some of his best strategies to trade popular ETFs like the SPYs, QQQQ’s and many of the more actively traded ETFs. You’ll have in your possession statistically backed ETF strategies you’ll be able to apply for years to come.

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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Get More Day Trading Strategies …

• The Neatest Little Guide to Stock Market Investing, 2010 Edition The Neatest Little Guide to Stock Market Investing, 2010 Edition ISBN13: 9780452295827Condition: NewNotes: BRAND NEW FROM PUBLISHER! BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed The essential stock market guide updated with timely strategies for......
• Trading Stock Options: Basic Option Trading Strategies and How to Use Them to Profit in Any Market Trading Stock Options: Basic Option Trading Strategies and How to Use Them to Profit in Any Market ISBN13: 9780578041803Condition: NewNotes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold! In Trading Stock Options, experienced option trader Brian Burns explains the......
• 04/26 - ETF Trading - No Trades Today No trades for today. The stock market certainly remains overbought, even with a lower close yesterday (see the chart of SPY I've posted - the RSI 2 remains over 70). We'll patiently wait for a market sell-off to trigger our entry signals. In the meantime, get a quick review and......

• 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......
• I am Being Forced to Leave My Favorite Online Discount Brokers I was pretty annoyed when I received notice at work that I had to shut all investment accounts that were not with very specific broker dealers.  The list did not include my largely ignored account with Tradeking nor my favorite account, Sharebuilder which houses my Perpetual Income Machine.  As......
• Vanguard Lowers Fees On Its Emerging Market ETF(VWO) To 0.22% Last month Vanguard's Emerging Market ETF, VWO overtook BlackRock iShares' ETF, EEM in total assets to become the largest Emerging Market ETF in the US. Both the funds have been swelling in size due to the popularity of this asset class among investors. BlackRock cut the fees of EEM from......