Again a continuation from todays first and 2nd posts.
Notice S&P and QQQQ stopped downward trend. That was signal to sell EEV SRS which are inverse ETF's. and go short. These are probably not the best examples since they move contra the market but I prefer shorting so I like to trade these. Usually a small spread and large ID moves.
SRS + $ 9.75
EEV + $ 5.20
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3 comments:
If you change your blogger setting to show only 7 posts on the front page, it will make it easier to load. Settings -> formatting -> show
This is very helpful, thank you! Do you typically use limit orders, or market orders to guarantee instantaneous execution?
DOne, thanks it loads much faster now.
I use limit when there is time if not market orders. it is more or a timing issue. by that I mean it is better to be buying when others are selling and selling when others are buying when the markets are shows a reversal is likely. for instance if a stock is dropping fast, pile driving down but you know that profit taking will occur and see the candles starting to slow, and especially close to the 5 minute change over period, throw in a market order to cover and long long and chances are you will get filled at/close to the bottom.
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