Have you been looking for an easier and more consistently profitable way to trade ETFs (Exchange Traded Funds)? Then you don’t want to miss viewing the replay of Saturday’s International Online Forum.
Steve Turner, a longtime VectorVest subscriber and member of the Burlington, ON User Group, shared his strategy and trading plan in a presentation titled, Running with Momentum: Momentum ETF Portfolio. CLICK ON THIS LINK TO VIEW THE RECORDING.
In this presentation, Steve gives us his WatchList of regular and inverse ETFs for Canada that meet his criteria for diversification, minimum price, and minimum average daily volume (ADV).
Between Feb 19, 2016 and Sep 30, Steve’s backtesting showed an overall gain of 33% compared to a 15% gain by the TSX over the same period. His routine requires about 15 minutes over a weekend involving just three steps: 1. Run his search and identify the top 5 Momentum ETFs in his WatchList. 2. Update the momentum ETF tracking sheet. 3. Execute trades Monday morning as required. Often once an ETF is in an uptrend, it can stay in the top 5 for a few weeks, so no trading required.
Here’s what a few of our Forum Members had to say about Steve’s presentation:
“Great methodology Steve. (Simple & Efficient). Thanks for sharing!!! – Francois B. “This presentation was one of the best organized and prepared strategies for EFTs EVER. Your plan and rational enables understanding and value allowing someone ……..to learn these trades.” – Bob J. “The ranking method shows the ‘market character’ very well. Keeping the streak going as long as the ETF is in the top 5 helps remove the noise and shows what the market is favoring at any given time.” – Irwin B.
Will This Method Work In the US? Steve mentioned several times he believes a similar trading plan and methodology for US ETFs and other countries should work just as well, and most likely even better with the choices available. We would appreciate hearing from anyone in the US or other VectorVest markets who sets it up and does the testing.
New, Enhanced Trade Analysis Spreadsheet. Jamin Heller has added a few commonly requested features to his Trade Analysis spreadsheet. I think you’re going to love the enhancements! For a short 30-minute video review and demonstration of how to use the spreadsheet, just click on the following link: http://www.screencast.com/t/HOSaQrGplc4 Email firstname.lastname@example.org to receive a copy of the spreadsheet.
For the background to why this Spreadsheet was created and how it can help you, please review Brian D’Amico’s excellent SOTW presentation of 09/18/2015. Here is the link: http://www.vectorvest.com/vvuniversity/videoplayer.aspx?playlist=http://www.vectorvest.com/vvuniversity/auth/recordedsessions/CA/3018/1/playlist.xml
Tuesday’s Q&A Webinar: Please join me Tuesday, Oct 4 for our regular weekly SOTW Q&A. I’ll review and answer your questions about Friday’s Special Presentation Video titled, 5 Steps You Must Know to Generate Weekly Income with Options. I’ll also answer any questions about Steve’s Forum presentation including how to set up his WatchList and search. To attend the live webinar or to receive a replay, please register here: http://news.vectorvest.com/CA_SpecialPresentation_QA_100416_registrationR.html
Previous Forum Replays. Click on any of the following links to view a replay of previous International Online Forums:
September 10 – Trading Pullbacks: Possible entry and exit points combining candlesticks and the 10 EMA and 30 EMA by Wendy Johnson, Arkansas User Group Leader; and 5-Steps to Profitable Bottom Fishing by Stan Heller.
April 2 – Star Search Revisited and Dr. Barbara Star’s Favourite Charting Method by Dr. Barbara Star.
Dec 5 – Simplify Your Trading Using the 3/8-EMA by Petra Hess; Portfolio Management Using WatchList Graphs by Mike Simonato; Energy Sector Analysis by Michael Wuertherick; Bank Sector Analysis by Marcia Elgie and Emanuel Althuis; and Business Services Industry Group Analysis by Sandy Cook.
Posted by Stan Heller, Consultant, VectorVest Canada
DISCLAIMER: The information contained in this Blog is for education and information purposes only. Example trades must not be considered as recommendations. You should always do your own analysis and invest based on your own risk tolerance, investment style, goals and time horizon. There are risks involved in investing and only you know your financial situation, risk tolerance, financial goals and time horizon.