Daytrading SKF again…. Good grief…
Posted on December 4th, 2008
Written by Richard
Posted in: N/A (old archives)
Once again the stocktwits discussion board can’t get enough of UltraShort Financials ProShares (NYSE: SKF). Well, fine… here we go again…
Read it and weep, my friends…. the simple stock system handles itself very well with 4 wins and 1 loss. The loss is easy to spot, being the first long trade of the day. Note that if you used Alla’s Average (the dashed yellow line in the price chart) as a trade filter, you’d have 3 trades for 3 wins. We have all kinds of tools to fine-tune trading systems with eotpro…. for the posts tagged “simple stock system” I just try to keep it very simple.
Doesn’t anyone trade companies anymore? All I ever get to feature are ETFs! I must admit, they are nice, smooth trading devices in these crazy times. I guess that’s the reason.
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© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.