As investors who follow the market direction portfolio trades know, I was holding 3000 shares of the DXD Ultra-short Dow ETF. The DXD is an Ultra Short 2X ETF on the Dow meaning it provides approximately two times the daily movement of the Dow. When the Dow is heading lower this is the ETF to be in.
Adjusting Stop-Loss Problems
The problem with any Ultra Type ETF is making adjustments during the day when you do not have availability of a computer, particularly when you are at work. The market direction can be swinging any which way and you may feel helpless to react.
Using Electronic Trade Alerts – Smartphone Style
This does not have to be the case for any investor any more. I suggest using a smartphone or email to be set to alert you to changes to the ETF you are trading to profit against the market direction. By setting up text alerts properly an investor can improve his profit potential in the market direction portfolio.
This is a FullyInformed Members strategy article that discusses using text alerts to adjust stop-losses as well as to understand the underlying market direction to assist trading the Ultra ETFs while at work or away from your computer or trade platform.
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Internal Market Direction Links
Profiting From Understanding Market Direction (Articles Index)
Understanding Short-Term Signals
Market Direction Portfolio Ongoing Trades (Members only)
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Put Selling Strategies For Members
Covered Calls Strategies For Members
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Stock and Option Strategies For Members
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