Here's a list of about a dozen of the largest ETFs with LQD (bonds) and 2 gold-related CEFs thrown in. etfconnect.com is good site for general information. BBH DIA EWJ IWM LQD MDY OIH QQQ SMH SPY XLF XLK XLU ASA CEF Here's a list of "medium" and up ETFs: BBH DIA EFA EWH EWJ EWM EWT EWW EWY EWZ IBB IGV IJJ IJK IJR IJS IVE IVV IVW IWB IWD IWF IWM IWN IWO IWV IYC LQD MDY OIH QQQ RKH RTH SMH SPY SWH TBH TTH UTH VTI XLB XLE XLF XLK XLP XLU XLY
a) I find very possible to get fill in between bid/ask in wide spreads. b) max. positions I had together was 5, but it happened only once ot twice, typically up 2-3.
I check this daily to get a feel for ETF liquidity... http://quotes.nasdaq.com/asp/ETFsSector.asp?Selected=4&COL=5&SortType=1
I tried to open some topics there , but nobody answered, so I asked in this thread. I would like to discuss setups and may be arrange group of traders with focus on swing ETF trading. I feel alone in my trading style and want to have some contact.
It's mostly a "preference" thing. I wanted to learn on the bigger ETFs where there's only a few cents spread. That way I don't have to watch it move through the spread as I'm learning.
'zactly. However, what I'm thinking the key is obvious: just wait until after the macronews. These don't move blazingly fast so you've got time to be patient. I was just being stupid and entering before the announcement.
Based on 6 month/daily chart XLK looks weak now and can go down. Stop for short should be about 18 USD. What was you entry and target. Could you describe your setup on XLK more ?
I was afraid someone might ask. This is an example of a trade where I don't agree with my setup and I didn't follow my plan afterwards! I'm usually more disciplined than that. Anyway, my current thinking is that most of the indexes are in a "stage III" (with most of them at the top of the Boll Band or the top of a descending wedge/triangle) that will look something like June/July/Aug in 2001. So I'll stay in until 17.8, but see if it goes down to 17. If it turns up much, I'll just get out so I can put those dollars to better use!