Contrary to a lot of individual’s beliefs, traders using a swing trading approach do not need to make trades everyday to be successful.
For example, the image below shows the ETF symbols that triggered a possible short sell signal (we emailed this list to subscribers to the day before a swing trade signal could be generated). If you are following the markets and our posts closely, today was the first time any of the ETFs had a net positive day since the signal was generated. This is good, since the ETF Swing Trade Playbook showed these as a short sell opportunity. That means if they go down we were correct in our directional bias.
Here are the ETFs that didn't get stoped out since the "playbook" was issued on December 10, 2007.
If you want to know what ETFs and swing trades I'm planning for the next trading day visit us at http://etfupdater.com/. We have a trial offer for $19.99 until the end of the year, then it goes to $49.99 per month.
Mike Matousek, CMT
Portfolio Manager, ETF Updater
http://etfupdater.com/
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