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The Pros & Cons Of Using Leveraged ETFs in Your Trading & Investing

This video attempts to both debunk as well as confirm some of the negative stigmas associated with buying & holding leveraged ETFs for more than a day trade. Real-world examples are used with two of the most notorious offenders when it comes to the price decay that can result when holding a leveraged ETF for an extended period of time, LABU & LABD (3x bullish & bearish biotech ETFs) as well as NUGT & DUST (3x gold miners ETFs). playback speed can be increased in the settings to reduce video duration

2018-03-22T21:55:32+00:00 Mar 19, 2018 1:24pm|Categories: Trading Tips|Tags: , , , , , |1 Comment

XBI/LABU Stopped Out

The most recent XBI/LABU short trade was stopped out for a minor loss of 1.25%. A very tight stop was used as this most recent short entry/re-entry was based on the assumption that XBI had just started a wave B down on an ABC corrective wave (which didn't prove to be the case, hence the unusually tight stop). 60-minute chart: XBI 60-minute Aug 24th

2017-03-08T21:19:33+00:00 Aug 24, 2016 11:25am|Categories: Completed Trades - Short|Tags: , |5 Comments

XBI/LABU Stop Clipped- New Short Entry

XBI slightly exceeded the revised suggested stop yesterday (which was lowered to the entry point for a breakeven on the trade). In hindsight, l should have left a little more room for that expected counter-trend bounce. As the charts still indicate more downside, XBI or LABU will be added back as a new Active Short Trade here with a stop above yesterday's high of 63.76 & a new price target of 58.61 (LABU current price/entry on the new trade is 43.37). Updated 60-minute chart. XBI 60-minute Aug 16th More of the rationale behind my thoughts on this trade are [...]

2017-03-08T21:19:34+00:00 Aug 16, 2016 10:31am|Categories: Completed Trades - Short|Tags: , |4 Comments

XBI 60-minute Trend Indicators Now Bearish + Trade Update

While I plan to leave 60.10 as the sole & final target for XBI/LABU for the time being, with the 60-minute trend indicators recently flipping to bearish, one might opt to lower stops & hold out for either of these two additional potential targets. XBI 60-min Aug 11th With that being said, should each (or most) of the Big 5 leading stocks in the Nasdaq 100 break down below their respective 60-minute trendlines that were posted here yesterday, then I may decide to extend the price targets on the XBI/LABU Active Short Trade. At this point, the suggested stop [...]

2017-03-08T21:19:36+00:00 Aug 11, 2016 11:12am|Categories: Completed Trades - Short|Tags: , |2 Comments

Sector Short Trade Ideas

For those looking for short exposure or hedges to a portfolio of longs, here are a few of the sector ETFs that stand out as short-side swing trading opportunities. While I may add some of these as official trade ideas, I don't have the time to annotate all the charts & list suggested stops & profit targets right now so I figured that I'd pass these ideas along as unofficial trade ideas at this time for those interested. As usual, my preferences is to short the 3x leveraged version of a sector ETF that I expect to hold for more than [...]

2016-04-27T11:09:56+00:00 Apr 27, 2016 11:09am|Categories: Unofficial Short Ideas|Tags: , , , , , , , , , , , , , , |Comments Off on Sector Short Trade Ideas