4-4-18 – Trading Strategy

4-4-18 – 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)
3/5/18 – 130 BRZU (Brazil) @ $53.72 ($6,984 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 Wednesday

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 BRZU (Brazil) Limit @ $65.50 21.93% or ($1,531 Profit)
Sell BRZU (Brazil) Stop Limit @ $42.25 21.35% or ($1,491 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


 

Current Performance


Market volatility continues and all but one of my positions are in drawdown. However, I’ve set my stops wide to try and ride this out since we’re not getting a clear directional bias. There is a nice short term gain in LABD (Inverse Biotech) which I will most likely sell off if it gets even close to my profit target.

 

 

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 bounced off a key resistance level of $19.75. Now to hope it holds and will continue back down.

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 has pulled back a good deal, but it’s still profitable.

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 keeps struggling to break higher and continues to drift lower. The ongoing trade wars won’t help the perception of this stock either.

Sell BRZU (Brazil) Limit @ $65.50 21.93% or ($1,531 Profit)
Sell BRZU (Brazil) Stop Limit @ $42.25 21.35% or ($1,491 Loss)

BRZU had a nice two day recovery but still remains in the middle of my stop area.

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

DRN is 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) is now breaking down lower which is great for my position in LABD (Inverse Biotech). LABD had a 10:1 reverse split so I’ve adjusted the entry and exit orders accordingly.

Chart and orders for LABD (Inverse Biotech)

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