I'm very pleased with this strategy. I initially thought I would be following via an auto trading account, but I was unable to set that up (ONLY my fault, not the author at all). However, as I followed the strategy and entered trades manually, I was able to see nice profits. I appreciate the use of leveraged ETFs and the brief time frames involved. The author is very good about communicating his/her thoughts and intentions to subscribers. I would recommend.
added 12% in the month market crashed. This IS what a hedge fund does. $4000 off $30000. Keep trading! I am sick i cant watch this during my work day! Thank you ETFCapital!
Done relatively well in the downturn. However, left a lot of money on the table in the recent DGAZ trades of March 17, 18. Sold 56 shares at ~$326, DGAZ climbed above $370.
He likes to trade leverage 3x etf with buying at support/ \__/ pattern and swing it for few days, usually the entry is the best with excllent reward/risk ratio
The trader here has the best entry for swing trading, he usually trade for \___/ pattern hitting resistance or breakout hence your risk/reward is higher than breakout style's trader. He mostly trade leverage 3x ETF which is exactly what we need. Most of the trade is swing.
For me, I watched the position manually so if it doesn't work, I exited immediately or put a stop order.
So far I am happy with the strategy. Sometimes Market Orders are placed during after hours. I don't understand that logic and some explanation would be helpful for those who do not normally trade after hours.