Trading SPY and DIA for Fun & Profit Message Board

STOCKTALK

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 : Trading SPY and DIA for Fun & Profit

SPY 681.89

+0.3%

Oct 31 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James F. Hopkins who wrote (40)	2/3/1998 1:15:00 AM
From: Kevin	Read Replies (1) of 130

James, Here is what I do to trade SPY and probably DIA. It's very simple. When the S&P500 goes down more than 1/2% I buy 1000 shares Spy. When it comes back up to even I sell. Minimum of $500 profit per swing. If I get in at down 1/2% and it keeps on going I hold for a few days and up she comes to bail me out. Only been a handfull of times she kept going down down down. When the market is cooperating I get a good swing every 1-2 days. Occasionally, when the market sells off big time (1.75%-3%) I will buy 2000-3000 shares. It's foolproof as long as the bigpicture is still bullish. I would appreciate any comments you might have. Kevin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next