ETF Arb swing trade strategy TNA vs TZA

[KCalhoun]

Here's a strategy I'll test this week for swingtrading TZA vs TNA. They are inversely correlated.

The strategy: put buy stop orders in for both long bias TNA and short bias TZA at .50 or so above market, this morning.

Whichever triggers first is the starting trade. Goal is to profit from whichever one trends during several days ahead, by scaling in.

I tried daytrading a similar method last week, for fed announcement but it didn't work because the market just chopped around. I'm going to try a swingtrading approach with position sizing this time.

Would like any comments or ideas... tia

 

[murray t turtle]

Here's a strategy I'll test this week for swingtrading TZA vs TNA. They are inversely correlated.

The strategy: put buy stop orders in for both long bias TNA and short bias TZA at .50 or so above market, this morning.

Whichever triggers first is the starting trade. Goal is to profit from whichever one trends during several days ahead, by scaling in.

I tried daytrading a similar method last week, for fed announcement but it didn't work because the market just chopped around. I'm going to try a swingtrading approach with position sizing this time.

Would like any comments or ideas... tia

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BOTH are below 200dm /LOL
Even though TNA is up more today/last 4 weeks[ibd data] = I never have liked TNA.Made more off TZA/SRTY.
But for a trade TNA does have better volume; I took some profits from MIDU/ but that one has low/low volume/LOL.
MAY quarter is weakest rallly usually...…………...…………...……………………………………......…....…………………………………………………………………………………………………………….

 

[KCalhoun]

In both small size now, goal is to scale into winner during next several days, initially it starts near breakeven: