Exiting on Strength: A Big Day for High Probability ETF Trading
Click here to start your free trial to Larry Connors’ High Probability ETF Trading Software.
Thursday, August 13 was a big profit-taking day for traders who trade with High Probability ETF Trading Software.
13 out of 14 trades profitable in one strategy. 17 out of 17 profitable in another. 29 out of 29 profitable in a third.
This is how just three of our high probability ETF trading strategies performed last week.
The other four strategies were equally successful, with win-rates of 23 out of 23, 28 out of 29, 8 out of 8 and 22 out of 22.
A sample from our High Probability ETF Trading strategy called TPS. The iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating) gained 2.87% in six days.
In total, high probability ETF trading went 140 for 142 — a win rate of more than 98%.
This is what high probability ETF trading is all about. Larry Connors and his research team have quantified a set of seven strategies designed to take advantage of short term overbought and oversold conditions in exchange-traded funds. These high probability, mean reversion strategies have been backtested since inception for hundreds of widely-traded ETFs, typically producing win rates in excess of 80%
More than three percent in three days? That’s how the iPath MSCI India Index ETN
(
INP |
Quote |
Chart |
News |
PowerRating) performed recently, as an example of our MDD (Multiple Down Days) high probability ETF trading strategy.
ETFs are more popular than ever. But short-term exchange-traded fund trading is still largely the domain of professional traders who have long known that buying weakness and selling strength is the secret to successfully trading both stocks and ETFs in the short term.
Now, with Larry Connors’ High Probability ETF Trading Software, retail traders have access to the same kind of “buy the selling, sell the buying†trading strategies that professional traders have used to make money in the markets for decades.
Make 2009 your best trading year ever! Click here to start your free trial to Larry Connors’ High Probability ETF Trading Software today!
David Penn is Editor in Chief at TradingMarkets.com.