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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Claude M who wrote (532)9/17/2019 8:25:48 PM
From: Underexposed  Read Replies (1) | Respond to of 914
 
Hi Claude
SO; the problem is ME I didn't listen my chart !
That could be my mantra at times :) You might like this prayer :)




As far as investing in ETFs, it is not my stock type of choice... especially one that is 3X bull or bear.

I think you missed my discussion on ETFs a while ago

this is the conclusion of my brief study

conclusions about ETFs

There are two previous posts that you can also read by following the post backward

I don't believe ETFs are not suitable for normal TA.... they are heavily manipulated so normal market action is controlled.... so TA is suspect IMHO.

Kimberly apparently has a special software for ETFs you might ask her about it.

UE



To: Claude M who wrote (532)9/18/2019 9:54:05 AM
From: kimberley  Respond to of 914
 
Hi Claude,

Yes, you have to listen to your system, no matter what. It its the system that needs work, then tweak it. I started playing with FAS/FAZ when they first came out, and have now moved on to all the other ETF's. I trade with a 5 minute chart - I take the signals, but occasionally they do fail, not very often, but if I make a trade and it moves against me I get out, and I may end up buying again higher, but that means I have another verification that gives me more confidence. Use mental stops and good money management. Because the moves are exagerated, you can sometimes make 2 or more trades a day, so if the etf closes up 8%, I may end the day up 20% or more.