Daytrading UltraShort Oil & Gas ProShares (AMEX: DUG)

Reader Quentin also asked to see the indicators on UltraShort Oil & Gas ProShares (AMEX: DUG) yesterday. Always a humble servant to my readers, I complied. I used the same simple entry and exit criteria as I have on the other examples so far.

Here are the charts… 5 trades for 4 wins and 1 loss… net +$1.80 per share, or so…

2 Responses

  1. Quentin Says:

    A pretty simple way to trade. I gotta now get Multichart or Ninjatrader . Thanks Rich.

  2. Richard Says:

    Great, Quintin. Just keep in mind that we haven’t released the ninja package yet.

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