SPY ETF Trading For Pennies Strategy Analysis – May 15 2014 – 36% and 19% Gains

May 15, 2014 | Profit And Income Strategies, SPY ETF Hedge Strategy (SPY), Trading For Pennies Strategy

All this year almost daily I have used the SPY ETF for the Trading For Pennies Strategy. Unfortunately I have had so little time to post the trades so I am quite a bit behind. I see no value in simply posting the results for the day as that won’t help investors learn how to use this strategy. Now that the Canadian site is open I will be able to start posting a lot more trades including the Trading For Pennies Strategy. This is an exceptional trade but only for those investors who can trade during the day. I have experimented with various aspects of this trade and found no method yet for trading it without access to the market during the day.

For FullyInformed Members interested in the Trading For Pennies strategy, last year I changed from the IWM ETF to the SPY ETF. Volumes are better in the SPY ETF and my fills are in most cases almost instant. With the IWM ETF I found that I could sit one cent away from the bid or ask and not get filled. It was sometimes frustrating.

SPY ETF Trading For Pennies Strategy Analysis for May 15 2014

This strategy article explains the technical settings used, entry and exit reasons and the results for the two trades I did today with the Trading For Pennies Strategy. The first trade returned 36% and the second 19%.

This FullyInformed USA Members Strategy Analysis of the Trading For Pennies Strategy trade can be directly accessed through this link or USA Members can login here. Non-members can join here or read about the benefits of a membership.

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.