***KEEP IT SIMPLE TRADING/Sector and Index Alerts***
+++ Sector & Index Alerts Results Log +++ Updated 2/25/04 Message 19850079
KEEP IT SIMPLE TRADING/Sector and Index Alerts is a system of mechanical alerts.It is designed as the name implies,to be a simple,easy ,and effective alert system for "VETERAN TRADERS".It is not meant for beginners or newbies.Shorting and/or using leverage can be veryhigh risk.
The method is proprietary but I will give the "buy" and "sell short" signals as they come. Entries and exits are a personal decision based on "YOUR" trading style.In general, I recommend entering trades before the close on the day of the signal...if "YOU" so choose.
While I believe the system is quite effective for a short term over night scalping style,the signals often provide nice entries for longer holds ,dependent on your own TA.
I DO NOT give much guidance on exits.I'm only trying to provide an alert for "possible" trading opportunities. See the paragraph highlighted below for general ideas and a general framework for exits.
Basically we will be going long and short various ETF's that represent different Sectors and Indexes.Trades should be very short term,especially if using leverage.
Bull or Bear,trending or non-trending,the system will be designed to generate signals that produce the "opportunity" for profits.
TRADING SIGNALS WILL BE GIVEN BY 3:45 P.M.EST
DO YOUR OWN DD!!!!!!!!!! DID I SAY...DO YOUR OWN DD???????
Warning: Some ETF's may trade on light volume and be illiquid.Decide what is appropriate for your trading style.Did I say do your own DD? ************************************************* Basic trading framework for sector and index calls. Post #185 Message 19828263 ************************************************ Yahoo link to 111 ETF's finance.yahoo.com
Indices ETFs - Industry Sector/Rankings www2.barchart.com
Sector Rankings www2.barchart.com
Holdrs holdrs.com
Vanguard Vipers home.businesswire.com
COMPARE ETFs quotes.nasdaq.com
SECTOR BASED ETFs quotes.nasdaq.com
ETF HEATMAP screening.nasdaq.com
CHARTS -------------------------------------------------- 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 --------------------------------------------------
Sector Charts stockcharts.com
Trading links:
Our sister thread: KEEP IT SIMPLE TRADING / Profunds Subject 54598
Befriend the Trend Trading Subject 21685
Trendvue trendvue.com
Raging Bull Short Term Trading Using T A Member Forum ragingbull.lycos.com
+++ All trading recommendations are merely suggestive for entertainment purposes and are in no way intended to be regarded as investment advice. +++
*More to be explained here shortly.
Contact:mjfdl@yahoo.com |