4-19-18 – Trading Strategy

4-19-18 – 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


OCO (Order Cancels Order)
Buy 166 RUSL (Russia) Limit @ $44.00 ($7,304 Position Size)
Buy 136 RUSL (Russia) Stop @ $46.00 ($6,256 Position Size)

when filled…

Sell RUSL (Russia) Limit @ $60.00
Sell RUSL (Russia) Stop Limit @ $35.00

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 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 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 UWT (Crude Oil) Limit @ $33.00 26.20% or ($1,384 Profithit my profit target and kept going. I decided not to push up my limit order since I had so many positions sitting in the red I needed this win to offset some of the losing trades.

UWT 4-18-18

Sold DRV (Inverse Real Estate) Stop Limit @ $12.50 11.03% or ($1,550 Loss)

Unfortunately DRV dipped low enough to stop me out. It was only profitable for a short period of time and eventually drifted lower.

 

 

Current Performance


UWT (Crude Oil) sold last week for a profit but DRV (Inverse Real Estate) dipped low enough to get stopped out. With volatility slowing down, we’re starting to see the directional moves higher which isn’t good for my inverse ETFs. I should have taken these off earlier when volatility started collapsing.

Positions I’m Opening


OCO (Order Cancels Order)
Buy 166 RUSL (Russia) Limit @ $44.00 ($7,304 Position Size)
Buy 136 RUSL (Russia) Stop @ $46.00 ($6,256 Position Size)

when filled…

Sell RUSL (Russia) Limit @ $60.00
Sell RUSL (Russia) Stop Limit @ $35.00

I really like a trade now in Russia because it’s been holding nicely with a strong uptrend and Oil is moving higher, however recent news caused a panic sell off and now a sharp recovery as it’s a clear buying opportunity on the bounce with a positive PPO turnover.

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) 

Waiting for the move lower as we continue in a holding pattern.

 

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 has blown up out of no where moving higher 12 days in a row! This isn’t a sustainable run, so even though I’m down in the position, I’ll exit on a small pull back most likely.

Chart and Orders for ERY (Inverse Energy Exploration Companies) Not looking good with this many down days in a row. I’ll sell at the next short recovery.

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)

China continues to drift sideway but still below my entry.

 

 

 

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) is making a strong recovery and is almost back into it’s original trend channel. The downward move that I was playing is clearly over. I’m just going to wait for one last move into the channel and sell off. I may have one last chance at a reversal.

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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