4-27-18 – Trading Strategy

4-27-18 – 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)
2/20/18 136 YINN (China) @ $37.43 ($5,090 Position Size)
3/29/18 – 91 LABD (Inverse Biotech) @ $38.00 ($3,458 Position Size)
4/19/18 – 166 RUSL (Russia) @ $44.00 ($7,304 Position Size) 

 

Positions I’m Opening


  • No new orders, with markets turning down, my inverse ETFs positions should start recovering.

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)
Sell RUSL (Russia) Limit @ $60.00 36.36% or ($2,656 Profit)
Sell RUSL (Russia) Stop Limit @ $35.00 20.45% or ($1,494 Loss)

Today’s Update


 

 

Current Performance


Despite being in a current drawdown in my positions, they are actually recovering nicely. Since many of my positions are bearish, they have regained a lot and are close to being profitable again. My strategy for this volatile market is to not try and pick direction so tightly but to widen my stops. This has been causing me to stay in positions longer, but I think in the long run for the year I will show solid gains as a result.

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 has successfully bounced off the $19.75 resistance level and is about to break new lows. This is great for my existing position in TMV (Inverse 20+ Year Treasury Bonds) and it’s following the larger trend lower.

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

Now that it’s on a break out move. I will look at pushing up my stop if it breaks a new short term high to lock in profits. I’ve been waiting patiently for this to go in my favor and now it has.

 

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) is showing a possible chance of recovery. Continuing to hold to see if my luck changes.

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) has pulled back dramatically from it’s original recovery and with this many down days in a row it’s not looking good for LABU, but great for my position in LABD (Inverse Biotech)

Chart and orders for LABD (Inverse Biotech) LABD is about to become profitable again and will hopefully hit my profit target this time.

Sell RUSL (Russia) Limit @ $60.00 36.36% or ($2,656 Profit)
Sell RUSL (Russia) Stop Limit @ $35.00 20.45% or ($1,494 Loss)

I was filled at my lower entry price in Russia, now to see if the recovery will continue.

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