With market swings like we have seen recently, many traders and investors near the point of hitting the panic button. In-fact many already have. Are you one of them? The markets act much like a pendulum, the high and low points are the moments when those with limited experience or proper knowledge fail to recognize the true nature of the markets. By failing to understand how the markets work, by lacking the proper chart reading knowledge and comprehension of sentiment as well as other factors, you will trade like the amateur; buying at the highs, selling at the lows. Has your portfolio followed pendulum or taken a hit as of late?
For us, the active, savvy and educated technical traders, the recent pick up in volatility in the SPDR S&P 500 ETF Trust (ARCA:SPY) and the changes of market direction, only mean one thing... opportunity.
Let's dive right into the facts and take a look at how myself and two other partners at the Elite Round Table have performed and if we practiced what we preach. Since September 23rd, our trades which were provided to members live, time stamped and documented, have netted profits of 53%. Out of that great profit percentage, 9 were winning trades and 0 were losers. You read right, as the markets declined, we closed out 9 swing trades during that same period of time, netting a profit of over 50%. That does not mean we were only on the short side of the markets, we were also in instruments which you can buy and benefit when the markets sell.
Let's look at some of the calls specifically...
Here is the trades which were given to our members with precise entry and exit points, live as we were trading them. On September 23rd, we took profits of over 9% in Yahoo! Inc. (NASDAQ:YHOO), a position we held for only 5 days. On September 25th as many were chasing the moves of the popular IPATH SP 500 VIX SHORT TERM FUT ETN (ARCA:VXX), we were exiting the trade for a gain of 11%. Again, this gain was achieved in less than 7 trading days. Another trade we took was a quick 2 day trade on the PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) which earned a nice gain of over 10%
Disclaimer: Why are you not taking advantage of the volatility and making thousands of dollars when the opportunity is great? Learning how we manage the markets and locate great trades will enable you to be the one who determines your financial future - no one else. Come join me and two other professional traders at the Elite Round Table as we take advantage of the volatility in the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by entering and alerting you of swing trades at key support/resistance levels for quick easy gains. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) will be very volatile over the next few weeks. The choice is yours, stay with the pack praying and hoping for the best, or join us and trade/invest with confidence and a high success rate. Come join us at the Elite Round Tableand see it for yourself.