Here is a trading idea for those that are interested. I
wanted to see what the returns were like using the SRS swing 2 to
trade the DRV. All trades were generated from the SRS chart
and purchased on DRV. I could only test this back to July
20th since thats when DRV started trading. As you can see you
would have generated 100%+ returns in the same time period.
the only thing I changed was the profit target and the stoploss
Yes I've been following and trading DRV/DRN instead of SRS but
using the same settings and it's working fine with little extra
leverage. Not swinging them, just day trading.
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using the SRS Mechanical Swing 2 to trade DRV
Posted by rank10 on 30th of Sep 2009 at 09:01 pm
Here is a trading idea for those that are interested. I wanted to see what the returns were like using the SRS swing 2 to trade the DRV. All trades were generated from the SRS chart and purchased on DRV. I could only test this back to July 20th since thats when DRV started trading. As you can see you would have generated 100%+ returns in the same time period. the only thing I changed was the profit target and the stoploss
profit target set to 25%
stoploss set to 6%
Good one rank. I'm sure
Posted by erty on 30th of Sep 2009 at 10:32 pm
Good one rank. I'm sure not an ETF expert but the underlying group of assets that make up a 3x vs. a 2x should be different but similar?
And I'm wondering if the underlying assets would be much different between ProShares and Direxion. Judging from your charts - not much.
Are there any knowledgeable ETF traders who can shed some light on the subject?
for those that dont know,
Posted by rank10 on 30th of Sep 2009 at 09:08 pm
for those that dont know, DRV is the Direxion triple the real estate sector
DRV and DRN
Posted by piclez on 30th of Sep 2009 at 10:32 pm
Yes I've been following and trading DRV/DRN instead of SRS but using the same settings and it's working fine with little extra leverage. Not swinging them, just day trading.