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The ETF trading results will vary from week to week and our system keeps us in the positive each week because we cut our losses quickly and let our profits ride with the trend, taking 1/2 shares profit along the way in trying to make each trade a winning trade. Our goal is to have at a maximum of a 5% loss which is rarely hit and on the long side we have hit several trades which have been profitable over 10% in just a few days. The key to trading these ETFs is to take profits and you’ll receive alerts throughout the day for guidance as well as pre-set up profit goals and stop losses for each ETF we trade. .
The nightly reports will come to you laying out the next days trades. A sample of the nightly report is below. We have had much success trading JNUG and JDST and other opposite ETFs like UGAZ and DGAZ. This style of trading may seem complicated to some without understanding what the colors mean, but it’s actually not once you read the Trading Rules which you can view as part of the 2 week free trial.
What we eventually want out of these nightly reports is to have the trends develop to where all ETFs in a particular direction are trading green on the weekly and the monthly and our only decision then is when to take profit.
REPORT FROM 8/16/2017
Today’s Trades and Current Positions (highlighted in yellow):
We were on the right side of metals and miners today. Some of you were locking in some good profit. Others just waiting for lift off. I think we are finally close. At least JNUG is over 18 again. USLV is what I really like. I see silver to 19 at some point here. See gold comments below.
Economic Data For Tomorrow
Tomorrow we have Initial jobless claims and Philly Fed Manufacturing Index as the market movers. Nat Gas storage at 10:30, and in the afternoon two FOMC members speaking.
I wanted to trade DWT today but was too busy watching others. We totally missed the DRIP trade as a buy once it turned positive for the day at 26.07. Maybe one of you smart traders caught it.
Nat Gas has disappointed, but first off we have already profited nicely from it. Second, we will have to wait this one out as we are still bottoming out in Nat Gas. 2.75 is the double bottom. That would be a stop out of 5% but we would not hesitate one bit to buy it right back as we head to 3.10 in Nat Gas. After hours it is a bit lower, bouncing around a little.
Precious Metals and Mining Stocks
If you read what I wrote yesterday on gold you can see that I had a lot of confidence I was trying to share and today we acted on that early by buying the second half or our shares in metals and miners. I see a move past that 1294 resistance next, then a move to 1310/1320 before a pullback. We should probably lighten up the load around those marks, but the only issue I have is taking a 10% profit when a 15% or more profit might be had. I know my rules state to take the 10% profit almost always, and we have already taken some profit from miners, but wouldn’t you agree that JNUG owes us some great profit? The answer is a resounding YES! lol So we’ll see how we do. There is always going to be a pullback and if you decide to take profit on your own, for half shares lets say, then you can always do that. A. there is a dip that will come at tome point that you can buy B. there are other ETFs that always trigger. But the good news is, I think we finally go green weekly on all these again and quite possibly green monthly on this current run. We’re not even green weekly yet!
Yesterday I write the following about wheat, which we got long WEAT today for a swing trade.
WHEAT – Still have to wait on it. Just keeping an eye on it as the chart has more to go on the downside, despite any possible pushes higher from a micro level. Daily Sentiment (DSI) is down to 8. The closer we get to that green line, and the lower in sentiment, the more likely we are to profit from a risk versus reward perspective. From a report I follow; We estimate Managed Money net short 26,000 contracts of SRW Wheat. Big money still short.
Hot Corner (the biggest movers – 3% or more – or new ETFs that are green on the weekly – those in bold are consecutive days in the Hot Corner):
USLV, NUGT, JNUG, DWT, YINN, DRIP, BRZU. DGAZ
Cold Corner (the biggest move lower 3% or more that are green on the weekly and or weekly/monthly or turned red on the weekly – those in bold are consecutive days in the Cold Corner):
DSLV, JDST, DUST, UWT, YANG, GUSH, UGAZ
These are the ETFs that have turned green on the weekly and the dates they turned green. This is used for tracking your percentage gains so you know when to take profit for each ETF per the Trading Rules profit taking guidelines. These green weekly’s work as you can see from the %Gain/Loss tables. You won’t get the exact high with your trade but you will also be out typically well before they start to fall again or turn red on the weekly. Your best way to profit with the service is stick with the green weekly trend and take profit while using a trailing stop on remaining shares. Also, if these green ETFs are up for the day at the open, they offer the best scalping opportunities. I am always fine tuning this section so if there is confusion at all, email me and be specific and I’ll be happy address.
I know I have said this many times but it is worth repeating; If you stick with the green weekly trades your odds of profit increase as there is more risk with the day trades. I call the day trades with the intent of catching some runners, so will get a few 1% stop outs but eventually catch the 5% to 10% or more runners. The important part of the list below is that the longer the ETF stays on the list (the one’s at the top of the list by Entry Date) the more likely it is to turn red on the weekly and the opposite ETF comes into play as a long.
Doug provides a very strong service and I would highly recommend it for the niche that it is designed to fill. He is very much on top of the changes in these fast moving ETF's and is very quick to respond to client questions. A winner on all counts!
I learned about Doug's service through a fellow investor. I have achieved exceptional results from following his Trading Rules and ETF recommendations. Most of my trades have been within one day, although a few have carried over into two or more days of trading. Most of my trades have been less than $20,000, but none have exceeded $30,000 in total funds traded at any one time. During that time, I have earned almost $23,000 net of commissions and stop losses. Most of that has been in the last couple of months. The first few months I was more conservative as I was still learning to follow Doug’s rules. I have had a few losses from setting stop losses and having them executed, but that is part of minimizing losses. I have learned that if I study, learn and follow Doug's Trading Rules and his daily Trading Analysis recommendations, I can achieve outstanding returns and minimize losses. I highly recommend this service.
Doug provides expert analysis in this irrational market. Doug helps his clients capitalize on trends while also reducing risk. His wit and sense of humor also help make this service fun for me. I'm not betting the farm on the ETF service but am enjoying it and I'm improving at it. The trading rules are requiring me to change a number of bad behaviors I've had in investing and old habits do die hard, but the more I follow them, the greater my success is. This is a great service for anyone that has the self discipline to follow Doug's rules. My recommendation is to follow a few pairs of contrasting ETFs (e.g., DWTI?UWTI, DGAZ/UGAZ, JNUG/JDST) and get good at these. Find some pairs you like and their success can lead to broadening the ones you want should you choose to.
This service assumes the subscriber possesses a certain knowledge of trading mechanics and financial markets, as well as emotional control. Given these, the subscriber can make consistent, large profits regardless of whether the market is up or down by following Doug’s trading rules and making the swing trades he recommends. He provides astute analysis of the markets from both a micro and macro point of view. Bottom line: Highly recommended, but you must follow his trading rules and pay close attention to his daily comments.
When I first joined (at the end of this week, I will be in his service for two months), my goal was to make a modest $800 to $1,000 each month. My hope was to make the $1,000 and come out of the year ahead by $12,000. With still one week to go to complete my first two months, I have profited more than $3,263. I have exceeded my highest hopes. The amount of money I have invested in any ETF trade varies. The most I invested was $34,000, but most trades have been from $22,000 to as little as $6,000. Doug's service covers more than 40 ETFs. I highly recommend that people check out the service that Doug provides, especially if you are interested in making money whether the market is going up or down. Raul G
I'm lovin the new service. Excellent communication, information and trade alerts. With your guidance I am hopeful to stay far away from the losers camp where I came from. So far so good. I really like your style and integrity.
My first trade with your service, I locked in JDST at 15% profit in less than 2 days! I was comfortable with that to get a win under my belt, although it may run further.
Most of my research and interest in the past has been in gold and silver, which is what led me to your ETF service and why I have mostly traded NUGT/DUST, but been reading the details you outlined on the UWTI call you made and it was phenomenal. Going to broaden my scope outside of precious metals and start paying attention to all of the other sectors you are also covering in your ETF service.Very happy I signed up for your service.
Something i would like to share with you: i took $20,000, concentrated on JNUG only. In and out with your signals- i have your service since 10/6 (wrote this 8 days later), I made $5500. Incredibly pleased.
I've only taken three positions: JNUG, NUGT, and TBT. After being stopped out and re-entering, I'm up almost $4K. For that gain, I paid $275.