SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : KEEP IT SIMPLE TRADING
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (32)7/23/2003 1:24:31 PM
From: mistermj  Read Replies (1) of 321
 
>>It would seem like you could use it to trade ES futures as well.<<
I have no experience with that and will stick to this system for now...but if you want to mess around with it I'm here to help you if I can.

>>That gets you a chance to make a correction mid-day (something funds do not allow).<<

Rydex does allow trades of their mutual funds at 10:30a.m.EST and in the afternoon before the close...but you have to have an account with them directly to do it.

I developed a technique for trading these types of funds in my IRA account that allowed me to short or go long at any time intraday.It was very,very sucessful during volatile market conditions...but it required large amounts of capital.
Basically this is how I did it...purchase one of the leveraged short funds such as ultrabear fund...say $30,000 dollars worth...then use an intraday buy of $60,000 of SPY to in effect go neutral...when I wanted to short again I sold the $60,000 spy position and held the short bear fund.It allowed me to short in my IRA with intraday control of the position.It worked great but I don't have the time for it anymore...I used it with the NDX and used the QQQ as my "switch"...I called it the QQQx2.I'll explain further if anyone is interested.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News