4-10-18 – Trading Strategy

4-10-18 – Trading Strategy

Current Positions



2/5/18 – 468 TMV (Inverse 20+ Year Treasury Bonds) @ $21.03 ($9,842 Position Size)
2/12/18 – 400 ERY (Inverse Energy Explorer) @ $10.61 ($4,244 Position Size)
2/16/18 – 202 UWT (Crude Oil) @ $26.15 ($5,282 Position Size)
2/20/18 136 YINN (China) @ $37.43 ($5,090 Position Size)
3/23/18 – 1000 DRV (Inverse Real Estate) @ $14.05 ($14,050 Position Size)
3/29/18 – 91 LABD (Inverse Biotech) @ $38.00 ($3,458 Position Size)

 

Positions I’m Opening


  • No new positions for Tuesday

Positions I’m Closing


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.00 14.12% or ($1,390 Profit)
Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $17.80 15.36% or ($1,512 Loss)

Sell ERY (Inverse Energy Exploration Companies) Limit @ $15.00 41.38% or ($1,756 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $7.00 34.2% or ($1,444 Loss) 

Sell UWT (Crude Oil) Limit @ $33.00 26.20% or ($1,384 Profit)
Sell UWT (Crude Oil) Stop Limit @ $18.75 28.30% or ($1,495 Loss)

Sell YINN (China) Limit @ $54.00 44.27% or ($2,253 Profit)
Sell YINN (China) Stop Limit @ $29.00 22.52% or ($1,146 Loss)
 
Sell DRV (Inverse Real Estate) Limit @ $16.00 13.88% or ($1,950 Profit)
Sell DRV (Inverse Real Estate) Stop Limit @ $12.50 11.03% or ($1,550 Loss)
Sell LABD (Inverse Biotech) Limit @ $44.50  17.11% or ($592 Profit)
Sell LABD (Inverse Biotech) Stop Limit @ $28.00 26.32 or ($910 Loss)

Today’s Update


Sold BRZU (Brazil) Stop Limit @ $42.25 21.35% or ($1,491 Loss)

As volatility is increasing, many markets are also showing a downward bias. BRZU (Brazil) dropped enough today to stop me out.

 

Current Performance


This is going to be a rough ride and perhaps one that I’ll be holding on to for weeks. With the wild swings in the market, there aren’t many directional plays to make. There is a slight downward directional bias in the markets, but combined with wild swings, the best I can do is to ride out my stops since they are wide an accommodate these moves. The political trade wars between China and the US are going to hurt all markets. The scary part of playing downward moves is any ounce of good news will send those trades bouncing back fast, so it’s harder to play the downside moves longer term since most of these moves are news based vs fundamentals.

 

Positions I’m Closing


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.00 14.12% or ($1,390 Profit)
Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $17.80 15.36% or ($1,512 Loss)

TMF still remains under $19.75, but more waiting is necessary as it’s in a short term recovery, but a longer term downward bias.

Chart and orders for TMV (Inverse 20+ Year Treasury Bonds) 

Seeing a chance at recovery now.

 

Sell ERY (Inverse Energy Exploration Companies) Limit @ $15.00 41.38% or ($1,756 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $7.00 34.2% or ($1,444 Loss)

ERX remains below $28.00 but stuck solid in a sideways, but volatile, movement.

Chart and Orders for ERY (Inverse Energy Exploration Companies)

Sell UWT (Crude Oil) Limit @ $33.00 26.20% or ($1,384 Profit)
Sell UWT (Crude Oil) Stop Limit @ $18.75 28.30% or ($1,495 Loss)
UWT continues to remain in it’s upward channel, but has been stalling like most other markets.

Sell YINN (China) Limit @ $54.00 44.27% or ($2,253 Profit)
Sell YINN (China) Stop Limit @ $29.00 22.52% or ($1,146 Loss)

Continued tariff wars are only hurting YINN (China) but if one bit of good news comes out we will see a strong bounce. Hoping my stop was far enough to accommodate.

 

Sell DRV (Inverse Real Estate) Limit @ $16.00
Sell DRV (Inverse Real Estate) Stop Limit @ $12.50

DRN is still moving sideways, but is struggling to break above $17.00

Chart and orders for DRV (Inverse Real Estate)

Sell LABD (Inverse Biotech) Limit @ $44.50  17.11% or ($592 Profit)
Sell LABD (Inverse Biotech) Stop Limit @ $28.00 26.32 or ($910 Loss)

LABU (Biotech) continues to hold the downward trend which is what I need to keep seeing.

Chart and orders for LABD (Inverse Biotech) LABD keeps coming close to my sell level. It’s not a huge profit, but I need to take off something to offset these draw downs and this one is at least working in my favor currently.

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