Posts Tagged ‘xle’

08/15 – ETF Trading – Loss on XLE, DIG

Our etf exit signal finally triggered for this agonizing trade in XLE. Unfortunately we took a loss in the trade – 10.23%. The leveraged etf trade in DIG yielded a loss of 19.82%.

This is our first loss since May, but has been, by far, the worst trade made in the 2+ years of making trades. Our etf trading is “high probability trading” – not “guaranteed trading.” But it’s still hard to take a loss – emotionally as well as financially. Larry Connors has a great article about dealing with losses.

I have no new 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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Find out how a stock trader can turn $1000 into over $1 Million in 38 trades …

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• ETF Trading - A Look at QQQQ No stock trades here today.  We're waiting on a pullback in oil and the effect on USO and SCO.  See my post from yesterday. Just when you think a stock looks overbought, it goes higher still.  QQQQ defies logic.  And who says markets aren't a reflection of emotion?! Trades are......
• 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......
• 11/15 - ETF Trading - Gain on XLF, SKF A winning trade shorting XLF, though our gain was small. Our etf exit signals for XLF triggered at the market close on Friday and we took a gain of just 0.84%. The leveraged etf trade in SKF yielded a gain of nearly 1.42%. Updated charts are posted below. We have......

• Collecting Money World Wide There are several money collectors here in the United States and around the globe. There are even some people who make special trips to other parts of the world just for the purpose of collecting currencies for their personal collections. Many people go to some of the events and trade......
• Lessons in Personal Finance The past few years have been especially tumultuous for many people as far as personal finance is concerned. There are a number of lessons that can be gleaned from this, and if you can take these lessons away from the past few years of losses, you may be able to......
• How to Re-Enter the Market as a Conservative Investor Many nervous investors left the equity markets at some point over the last year, either as an investment strategy or out of pure panic and fear. These feelings were magnified for baby boomers and others in the home stretch toward retirement. Others investors were like me. We did not sell......

08/12 – ETF Trading – XLE, DIG

XLE closed higher yesterday, triggering one of our exit signals.

Our etf exit signals are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain (or smaller loss) – when the RSI 2 is greater than 70. We’re using the latter.

Follow the signals for XLE when trading DIG. Updated charts are posted below. All trades are at the market close. Please trade responsibly!

Join me everyday to follow these etf trading signals. All of the signals and strategies I use for etf trading are found 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. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. 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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Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

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• 12/17 - ETF Trading - USO, UCO, FXI Oil moved higher yesterday, and so did our etf trades in USO (and UCO). Our exit signals were triggered as the RSI(2) of the closing price moved above 70. We had a gain of .75% in USO, excluding trading costs. UCO broke even. We took a third trading position in......
• 08/15 - ETF Trading - Loss on XLE, DIG Our etf exit signal finally triggered for this agonizing trade in XLE. Unfortunately we took a loss in the trade - 10.23%. The leveraged etf trade in DIG yielded a loss of 19.82%. This is our first loss since May, but has been, by far, the worst trade made in......
• 05/26 - ETF Trading - IWM, UWM IWM closed higher yesterday, but not enough to trigger our etf exit signals. Take a second and final trading position should IWM close lower than our entry price and the RSI 2 falls below 6. Otherwise, our exit signals are triggered when the closing price for IWM is higher than......

• Stock Market Trading the Halloween Cycle Stock market trading can be challenging. So people are always looking for a short-cut, an easy strategy to invest and trade stocks. One of the most well-know of these "easy" strategies is the Halloween Cycle. Because this stock market trading strategy is so well-known, it is worth our investigation. After......
• 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......
• If You Are With Your Membership Site Sales - Follow These Suggestions Membership sites are just like any other in that you have to dedicate your self to making it successful with sales and retention. But still, what can you do to increase your sales when they're dwindling? Actually, this is not such a terribly hard set of circumstances to fix. These......

08/11 – ETF Trading – XLE, DIG

We continue to wait for our etf exit signals to trigger. XLE closed a bit lower yesterday – we’re waiting for it to move higher.

Our etf exit signals are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain (or smaller loss) – when the RSI 2 is greater than 70. We’ll be using the latter.

Follow the signals for XLE when trading DIG. Updated charts are posted below. All trades are at the market close. Please trade responsibly!

Join me everyday to follow these etf trading signals. All of the signals and strategies I use for etf trading are found 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. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. 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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Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

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• 08/02 - ETF Trading - No Trades Today Glad to be back from vacation. Let's get back to etf trading. The broader market looks to be a bit 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......
• 04/15 - ETF Trading - SPY, SSO SPY closed higher yesterday, but not enough to trigger our exit signals. Take a second trading position should SPY close lower than our entry price. Otherwise, our exit signals are triggered when the closing price for SPY is higher than it's 5 day moving average, or - for a potentially......
• 12/30 - ETF Trading - No Trades Today Good morning. The markets were basically flat yesterday. SPY moved a bit lower, relieving some of the overbought condition of the index, while DIA remains overbought. We'll wait for a bigger stock market pull-back to trigger new etf trading entry signals. Updated charts of SPY and DIA are posted. Get......

• Is Autographed Memorabilia Worth it? Sometimes you may see it claimed that autographed memorabilia is one of the biggest wastes of money out there, but is this true? A man named Chris Pummer once equated autographed memorabilia to premium coffee as well as cigarettes as the biggest possible wastes of money, but is this true......
• Investing In Penny Stocks Some Tips Investing in penny stocks can dramatically increase the profits of the trader. However, you can also lose your trading capital quickly. Here are few tips to lower your risk in trading with penny stocks. You should look for a consistent high volume of shares being traded. It can be misleading......
• GP 5 Things You Need To Look At When Trading ETFs Today, I am leaving the world of asset allocation to talk a little bit more about Exchange Traded Funds (ETF). This is probably one of the most popular investment products. Its popularity is soaring amongst smaller investors especially over the past 5 years. The purpose behind ETFs Wouldn’t you......