ETF Trading System Made Easy

Download or read book ETF Trading System Made Easy written by Richard Bastien and published by Lulu.com. This book was released on 2023-03-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How about a simple system to trade the stock market that gives a return of 50% or more per year? And you don't have to look for stocks that will give you that kind of return. You won't have to stay in front of your computer all day. A glance 2 or 3 times a day will be enough to know where the market is. This system is for everyone, no matter if you have experience in trading or not. An amount between $5,000 and $10,000 is enough to use this system. It is a 100% automatic system based on the market movement (price action). It is not a "buy and hold" system. This system will prevent you from all the sharp market declines that occur on average every two years. This system seeks to exploit the market movements on a few major indices such as the SP500, the NASDAQ 100, the TSE60 in Canada as well as the VIX which measures volatility (fear index). Later in the document these indices will be explained to you. You will discover which market instruments to use to make such profits. These instruments, called ETFs (exchange-traded funds), replicate the movement of major market indices. They trade in the same way as any other stock found in the markets. Using an ETF allows you to own, for example, the 500 largest U.S. companies in a single stock. I'll explain this further in subsequent chapters. It is also a very dynamic system that has little tolerance for loss and maximizes profits. You will see in subsequent chapters how losses are managed and how profits are maximized. I will explain the concept of the intermediate cycle that will guide all the entries and exits of our market instruments. It is a very important aspect of understanding this cycle concept to always be able to place yourself in the market. I will go through all the trades on one or more ETFs for an entire year especially the tough ones like 2018. I will walk you through step by step and explain how to identify an opportunity and then do the entry and exit price calculations for all the multi-year trades. There will be gains as well as losses. For this you can always refer to the trading table and charts for each ETF in the appendix. You can also view the charts yourself using the barchart.com website (free). The Chart Setup chapter will explain this in detail. Finally, I would like to offer technical and even moral support to all those who will acquire this document. Please refer to the Author's Support chapter for more details on how to avail yourself of this support.