SIMPLE: trading only 10 ETFs - nothing else

I follow 8 futures contracts and am active in 2-4 at any given time.
I am overtrading if I have on more than 4 positions at once.

Different strokes................
 
yeah mostly just DIA, SPY, GLD, IYR actually.

i only do ETFs - i dont know enough about options, futures, currencies etc to feel comfortable... (nor do i have or want the account permissions yet ;)
 
lately ive been doing 1, 2, 3 positions at most with max 10% buying power each... i have used 50% bp with up to 6 positions on rare occasions... mostly during blatent bull markets like 3 months ago.

i sneak in the occasional equity but rarely.
 
http://www.elitetrader.com/vb/showthread.php?s=&postid=1102696#post1102696

Quote from 2manywhiners:

ETFs are FUN!


QQQQ (Nasdaq 100)
ONEQ (Nasdaq Composite, tracks like Qs but higher Price, lower Vol)
SPY (S&P 500)
DIA (Dow Industrials)
IWM (Russell 2000)
IW* (other Russells' = http://www.elitetrader.com/vb/showthread.php?s=&postid=1101664#post1101664 )

GLD (hmmm?)
IAU (like GLD on lower Vol)
USO (US Oil)
OIH (oil common stocks)
XLE (oil, gas, & energy stocks)
IYK (Dow Consumer Goods; 52wk range of $51-$55, why would anyone want that?)

EWZ (Brazil stocks)
FXI (China 25)
EEM (Emerging Mrkts)
EWJ (Japan TokyoSE; 52wk range of $10-$15)
Wow, back in April you would have thought it was taboo for Elite Traders to talk about ETFs. I wonder what has them changing their minds?...

uptick rules, maybe?

na, that couldn't be it...

I trade more than 10 ETFs, and more instruments than just ETFs, but some of these are worth a good hard second look... (obviously not the obvious ones. Qs, SPY, DIA, etc.)

DCB (as in an abbreviated market term, not an ETF or stock)
 
Back
Top