Posted on May - 01 - 2010
Learn To Trade Your IRA Like Pros With Inverse ETFs!
Download this 52 page ETF Trading Guide by Bill Poulos FREE. Give RISK FREE Trial to Forex Auto Advisor from Josh Harringlya whiz kid London trader that can be used by anyone even those who have never traded forex before. Master these Candlestick Patterns with this 82 page FREE Candlestick Guide and download the DecisionBar Trading Software just now! Les Schwartz: This is the second in a series of articles designed to help those of you trading in your IRAs to trade like pros. While the charts use my DecisionBar software to illustrate certain points, the concepts discussed are universal. They work for stocks, futures, forex or any true market. Also, keep in mind that these concepts are just as valid for day traders as they are for those in longer term trades. The only difference is that day traders must also think in terms of the time left in their trading session when evaluating trades.
We all know that you can’t go short in an IRA. What many people don’t know is that there are certain Exchange Traded Funds (ETFs) that are designed to rise and fall inversely to the rise and fall of the market, index or sector they represent. There are even ETFs and Bear ETFs for currencies. These “Bear ETFs” can be traded and analyzed just like stocks. Just as the QQQQ is an ETF that tracks the movement of the Nasdaq 100, PSQ is an ETF that moves inversely to the QQQQ.
QID is an UltraShort ETF that is designed to move inversely to the Nasdaq 100 by a ratio of two to one. In other words it is designed to move twice as fast as the QQQQ, but in the opposite direction (on a daily basis). Learn how DecisionBar Trading Software can help you “Map Out Your Trades” and keep you on the right side of the market. Here are some popular Bear ETFs provided by ProShare. Be sure to learn the advantages and pitfalls of trading inverse ETFs before risking your money.
Short & UltraShort MarketCap ETFs:
ETF NameTickerBenchmark Index
Short QQQPSQNasdaq-100
Short Dow 30DOGDJIA
Short S&P 500SHS&P 500
Short MidCap400MYYS&P MidCap 400
Short SmallCap600SBBS&P SmallCap 600
Short Russell2000RWMRussell 2000
UltraShort QQQQIDNasdaq-100
UltraShort Dow 30DXDDJIA
UltraShort S&P 500SDSS&P 500
UltraShort MidCap400MZZS&P MidCap 400
UltraShort SmallCap600SDDS&P SmallCap 600
UltraShort Russell2000TWMRussell 2000
UltraShort Style:
ETF NameTickerBenchmark Index
UltraShort Russell1000 ValueSJFRussell 1000 Value
UltraShort Russell1000 GrowthSFKRussell 1000 Growth
UltraShort Russell MidCap ValueSJLRussell MidCap Value
UltraShort Russell MidCap GrowthSDKRussell MidCap Growth
UltraShort Russell2000 ValueSJHRussell 2000 Value
UltraShort Russell2000 GrowthSKKRussell 2000 Growth
UltraShort Sector:
ETF NameTickerBenchmark Index
UltraShort Basic MaterialsSMNDow Jones U.S. Basic Materials
UltraShort Consumer GoodsSZKDow Jones U.S. Consumer Goods
UltraShort Consumer ServicesSCCDow Jones U.S. Consumer Services
UltraShort FinancialsSKFDow Jones U.S. Financials
UltraShort Health CareRXDDow Jones U.S. Health Care
UltraShort IndustrialsSIJDow Jones U.S. Industrials
UltraShort Real EstateSRSDow Jones U.S. Real Estate
UltraShort SemiconductorsSSGDow Jones U.S. Semiconductors
UltraShort Oil & GasDUGDow Jones U.S. Oil & Gas
UltraShort TechnologyREWDow Jones U.S. Technology
UltraShort UtilitiesSDPDow Jones U.S. Utilities
Currencies:
ETF NameTickerBenchmark Index
UltraShort EuroEUO200% Inverse of EURUSD
UltraShort YenYCS200% Inverse of JPYUSD
Similar Posts:
- How To Invest In Gold?
- Dow, S&P end up after solid data; Nasdaq slips
- Stocks fall on energy shares, consumer worries
- Breakout Stock
- Rattled: Week ends on a down note for most Memphis public companies
