How To Make Make Money..in Fas And Faz Etf Stocks!
Q: stock opens ..9.30am wait till 9.37 am... buy fas win it goes down...and short faz ...when it goes up..excute all trades with price you comfortable with. from there you will see profit big time .it's simple..win..win situation...i been making big bucks doing this the past few weeks..i don't see how you can lose..except win it pulls a reverse..but anybody can catch that.! any body in this board agree?..simple strategy..whats the big deal?
A: this isn't an English class retard. We talk about how to make money kiss, not how to spell words. Take your nip picking somewhere else. Although yea I agree that buying low and selling high is the main point of trading lance. I just tried this strategy for the first time today and it was fun! This was a perfect day for the swing plan. I watched at open for the trend, waited for the clear low and got into FAS. Then used a trailing stop to lock in profit. I did set it to tight and got stopped out .20 before the top, but did make a nice .69 per share profit. Then I went to FAZ and found it at it's day low and since it was Friday and the RIFIN was at resistance, I got into FAZ and saw a nice gain before EOD. Since Monday looks red, I am holding and plan to repeat the swing cycle again if FAS starts back up. I did see a day recently where there were two reverse trends! I am not a PDT, so I just had to wait it out with FAS. I have to budget my day trades wisley until I can be a PDT. The only time I think this plan may not work is during consolidation times.
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