Wednesday, January 16, 2013

Morning Coffee

The market is actually doing a great job of holding steady these past few days. Every time it looks like the bears are gaining control things flip and the bulls take it back. Going short during this time can be tricky.

Luckily for us we have our MTT to follow. Here are the rules you should follow.
  1. Trade in the direction of the long term signal. If it's pointing long, then you only take long trades.
  2. Time your trades using the MTT. Use it for your entry and exits.
  3. Longs we usually go with TQQQ and shorts we usually take TMF.
Following the rules above will allow you to profit no matter what the market is doing.

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