***KEEP IT SIMPLE TRADING-ProFunds***
KEEP IT SIMPLE TRADING-ProFunds is a system of mechanical trading I have developed. It is designed as the name implies,to be simple,low cost,easy, and effective short term mutual fund trading.
The method is proprietary but I will give the buy and sell signals as they come.
We will be using the ProFunds mutual fund family for our trades in this forum.*(Most if not all trades could be substituted by similar indexes, mutual funds or ETF's,ishares,and Holders).
The value in using ProFunds in this forum will be the direct switching of funds allowed by Profunds,no brokerage fees with unlimited trading,and the 47 different ProFund mutual funds available, some that use leverage and represent a broad cross section of indexes and sectors.
profunds.com
KEEP IT SIMPLE TRADING-ProFunds will not have the goal of always being invested.Rather we will scan the 47 funds and try to make low risk ,high reward short term trades with leverage.
Our goal is to make trades 1-3 days in length,with leverage, but only in the fund or sector with an optimal short term signal.The signals I use are very specific momentum signals that have shown a high probability of follow through.We will only trade as those specific signals are triggered in our universe of 47 ProFunds.
Trading signals will be given here by 3:45 P.M.EST except for Sector Fund trades which will be given by 3:30P.M EST in a post to the thread.
ProFunds allows switching of their funds on the internet until 3:55 P.M.EST.
Sector funds have a 3:35 P.M.EST internet cutoff time for trades.
ProFunds cut off times and phone options are explained here:
profunds.com
ETFs &QQQ
quotes.nasdaq.com
COMPARE ETFs
quotes.nasdaq.com
SECTOR BASED ETFs
quotes.nasdaq.com
ETF HEATMAP
screening.nasdaq.com
CHARTS
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Stockcharts candle glance ULTRA PROFUNDS/INDICES
stockcharts.com|B|A12,26,9
Stockcharts candle glance ULTRASECTOR PROFUNDS
stockcharts.com|B|A12,26,9
Favorite Chart Watchers
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Sector Charts
stockcharts.com
The charts from the desk of denmo83
stockcharts.com
Historical Charts
sharelynx.com
+++ All trading recommendations
are merely suggestive for entertainment purposes and are in no way intended to be regarded as investment advice.+++ |
