Tactik

@rugby What do you think of being long $TNA @73.10 for a swing-trade bounce off of support?

rugby
rugby Sep 15, 16 9:30 AM

I am always long TNA, 73.10 is a price, maybe not the right one, open is 72.93

rugby
rugby Sep 15, 16 11:15 AM

I got three trades in from open until now, last exit was 74.60

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NoviceUnicorn

Easy Money every day. ??? So I have been working on a new strat the last 2 weeks. It seems to work pretty dang well but, takes a little bit of early morning research everyday. If you are new to the game, as I am, you may want to look at only playing Direxion ETFs x3. (or x2/x1 if you want a safer slower moving equity) http://www.direxioninvestments.com/etfs They are fairly easy to predict if you use the CME Futures Marketplace for intel http://www.cmegroup.com/ . The CME futures are realtime 24/7 because they match all the world markets. So you know whats up and whats down before the market even opens. BEWARE PREMARKET TRADING on futures info. The premarket can be inflated and instantly drop the second more buyers/sellers come in at 9am. It can also work for you. Usually there is a massive dip in premarket even on trending futures, you can buy at the dip and be a bit safer. Never buy at the premarket high. Rule of thumb is to see what the closing price of the previous day is and try to buy the ETF around that price because it will NOT match it most of the time. You can look at an equity sector on CME and then find a matching Direxion ETFx3 and it will generally follow the futures quote for the day (Barring massive intraday swings of the futures market). Best part is Direxion has the best ETFs (imo) and their inverse(bear) funds are just as good as the bull funds. So you can play the market up OR down, however you like. It is best not to hold this for multiple days unless there is a huge futures trend. The second the futures swing the funds will swing also but a good rule of thumb is to hold the ETF for the entire day especially if the future holds steady or goes up. Watch DRIP / GUSH for oil moves on the CME futures market. Watch $DUST JDST / $NUGT JNUG for gold moves and $TNA / $TZA for small cap index moves. Best part is you can match the CME charts to the Direxion charts from the past to see the correlation on moves.$ERX / $ERY for major oil producer moves (Exxon, Chess, Occidental, etc) I am putting together a little presentation on this with my trades and it is very interesting indeed. Will post sometime in the next few weeks once I have more data. Good luck out there! Let me know if this nets you any cash!

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NoviceUnicorn
NoviceUnicorn May 09, 16 10:43 PM

@elliottmagic I am compiling the data right now and will post a complete "How-To guide" when I am satisfied with it. So far it is working fairly predictably and I have focused on understanding it better.

NoviceUnicorn
NoviceUnicorn May 20, 16 12:19 AM

This strategy is proving more difficult to nail down than originally anticipated. The miners shares tend to swing a lot more on sentiment than previously expected. I expected sentiment to follow commodity value but it seems to hinge more on other factors more so. Commodity value does have influence but not as much as I thought. Still working.

rugby
1
rugby Jun 06, 16 2:24 PM

oyyyy lots of words but on the other hand I made $5K on TNA from Friday to Monday and I don't do ANY of what you wrote...subscribers made $750 to $1500 today.

rugby
rugby Jun 06, 16 2:26 PM

btw, I NEVER use commodity futures....

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NoviceUnicorn

$TNA easy 2-3% gain tomorrow. All the technical are win. It should pop into 64.05 (200dma). May go through but most likely hold there. MOST importantly OBV is on!, 2 flat days and OBV still rising(the best tech indicator there is that the stock is going up), Stochastic RSI just hit the overbought(which I like to see), RSI about to break 70. MACD still bullish on top. This should uptrend for a few days. Nothing crazy here but a solid 2-5% gain. [In my humble and Novice opinion]

NoviceUnicorn
NoviceUnicorn Apr 22, 16 12:18 AM

I was not correct on this call. Price held and dropped a bit.

rugby
rugby Apr 26, 16 1:05 PM

I'll tell you, charts are not good with TNA

NoviceUnicorn
NoviceUnicorn Apr 26, 16 11:42 PM

@rugby I really like what you have done. It is a good style. I am new but it appears that you just momentum trade on commodity futures and if the eft doesn't trend to the futures price you just hold for the next time you can get out but keep playing the momentum with additional monies? I have not looked at this style until I downloaded your data. Any input would be awesome as your knowledge obviously is good.

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NoviceUnicorn

Direxion ETFs : So I did a little analysis on some of the traders on here that have the "highest" win ratio and large profits. "rugby" is one of them. It appears that one solid strategy is trading 5 -100k a day in and out of Direxion EFTs making 1-5% and holding if you miss and hit a down day but buying in on the bottom. I downloaded rugby's trades for 2012-2014 (as this was the time he went from 3k profits to like 200k+ in profits) and analyzed his trading metric. It is quite interesting. He did start with what appears to be 20K in capital but he used it very wisely. I found it interesting that he played $TNA for basically it's entire uptrend for 4 years. I am not sure if he posted his trading strategy but from what I can see, it is play $TNA $FAS SPXL $DRN $NUGT MIDU on 1-10 day plays always selling as soon as you make 1-5% profit. Now he trades in and out 5-6 times during the day (until his settled cash is burnt for the day) I guess but still basically making 1-5% on large amounts of capital. He essentially bought in (4K+) on every down day and then held until the EFT came back to a profit. In some cases he held for several months but usually he held for 2-5 days and made 1-2%. Always making a profit but using vary large amounts of cap to do so. I did note that many times he would sell, and then buy-in 2 days later at a higher price, so I am not sure why he didn't just hold. Very interesting strat he has. I will have to try it out.

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Chet

[SuperAlerts] $TZA still have this one down 4%, $TNA is right at daily wall I will sell today if market holds again

nightwolf92

@rugby After that 3 day climb from 50.76 to 58.77 Do you see $TNA on a downtrend for a while or do you think it will continue to rise? How will you be playing it for the rest of the week?

nightwolf92
nightwolf92 Mar 30, 16 2:37 PM

Today has been a bit hard to pull that out. I usually put my positions in right after a breakout of the previous resistance. It's hard for me to find the bottoms, like today around 57.2. Idk, I'm trying to learn it, it seems to be the most reliable option I have over trading random penny stocks.

rugby
rugby Mar 30, 16 2:41 PM

hmmmm I did it 5 times today and 10 times yesterday. You are not looking right and again, after a breakout is too late. Examine the chart after close.

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