This ForFastMoney.com financial Website is currently very incomplete. We apologize. Eventually you will be able to … Use ForFastMoney.com free to: Ř get a loan fast, Ř pawn something, Ř get a cash advance Ř
a vehicle title loan or Ř
to make
fast money in the stock market and Ř
t0
trade stock & ETF options. How? Get a Loan fast, or find here how to sell fast. Sell gold chains, jewelry and vintage items fast. Check your Credit Reports and help using ForFastMoney.com. Find how and where to get a Loan fast. Find a
Lender
Maybe you can borrow. Could you use a Signature Only Loan, a Used Auto Loan, a Title Loan, or a Payroll Advance? You could Pawn Something or get a Home Equity Loan. Find a Lender right now for fast money. Maybe you can Borrow: a. with a Car Loan, or a vehicle Title Loan b. on “only a signature” c. on a payroll advance or government check d. any item you could bring to a Pawn Shop like a nice Watch, Gold, Jewelry, TV. e. get a second mortgage or a home owner equity line of credit Could you Sell or Pawn Something Quickly?Companies want to buy for fast cash any item you could bring to a Pawn Shop. Read here when to use and what Loan Prices to expect from a Pawn Shop, a Jeweler or a Rare Coin or Rare Stamp Shop. Where are you likely to get the best price? Learn how long will it take and what documents are required or helpful. Maybe you can get a Pawn Loan. Pawn a nice Rolex or other Watch; pawn your Gold chain; pawn your wedding ring or other Jewelry; pawn your Computer or a TV. Could you Make Money Fast in the Stock Market or with Stock and ETF Call and Put Options?The laws about giving financial advice limit what we will say here. We suggest that you Trade with Play Money First. If you make money consistently using a fantasy stock market, then start with real money.
This is not a recommendation of any security nor of any investment.
It is for information and for idea exchange only. You should make all decisions whether and what to invest with a professional financial advisor. I am Not professional at trading. I do not trade any money at all, only on paper using Wall Street Survivor, a free web site. What Stocks and ETFs consistently Magnify changes in the Overall Market?FAS, FAZ and ERX are high volume, liquid examples of ETFs that Borrow to buy more shares. They are 200% or 300% Leveraged.
To compare, you could trade the ETF for any major market index like DIA for the Dow Jones 30 Industrial Companies and QQQQ for the Standard and Poors 500.
You can also trade the Short Side buy buying an ETF that is short. Examples that I trade (on paper only) include SDS which is short the S&P 500 and DXD short the Dow 30 and FAZ that is short Financial companies.
SKF and QID are high volume, liquid ETFs that are Short and Leveraged.
As a hypothesis that works for me sometimes, you obey trading rules and money management rules as you trade.
1. Immediately upon entering a live trade order, next enter a Stop Order.
Normally, enter 2 Stops. The 2nd stop completes 100% closing out of your entire position. Unless you have another reason the 1st stop is 0.5% away from the price at which you estimate your order was filled. The second stop is normally at 1%.
2. Go Flat every trading day. That means only cash overnight or Short for Long. The easy way to do that is to sell all open positions. Another way is to make sure you have a money and beta weighted value that is Short for whatever you have that is Long. Sometimes I recognize that it is say 3:56 pm. With not sufficient time to close every position, I take an Opposing Position that is Large, large enough to offset any otherwise Long Exposure normally. I buy QID and SKF if there is time, splitting equally. 3. Trade in the same direction as the DIA Direction: Up, Down or Flat. To do this, see the DIA 30 index price initially at 10 am EST each trading day. Compared to both the close the prior day and to the Open today is the DIA Up or Down? Is the change of the DIA at least 0.5%? If the Direction is Clear, then add to your Total Amount Invested. Normally trade only 1/3 of your Account. On a Clear Day steadily increase your Total up to 100% if the Trend Direction remains the same. 4. Remember to always have a stop active in the market for every position.
Revise your stops often, normally every time the DIA moves another 0.2%, 20 points. When one or more of your positions is up more than 3% for the day, make sure you examine the real time chart of that day often. Set you stop only a bit away from the current relevant significant extreme. As an example, assume you bought 1,000 shares of the DIA 30 Average ETF at 11,078. It is now up to 11,115. Your initial tight Stop was 11,057. Now you set it at 11,087 because that is close to your normal 30 points and below the technical barrier at 11,000. Seeing DIA trade at 11,025 you increase the stop to 11,094. You stop on 26 November 2006 would have been filled about there, say 11,092.
5. Money Management Rules need to be added.
The simple Rule to Start is a 1/3 of your Account at Risk until DIA Direction is Clear.
Yet other Rules could also help. What Rules or Changes do you suggest?
--
Bruce W.
Lynch author,
Boston Technology Entrepreneur
P.S. Is the ForFastMoney.com domain name for sale? Answer. This ForFastMoney.com financial Website is currently very incomplete. Eventually you can … Use ForFastMoney.com to Learn the Basics and to for Fast Money by borrowing, selling or trading.
|
