July 1, 2011 6:30 PM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
iPath Long Enhanced S&P 500 VIX Mid Term Futures ETN (NYSE: VZZ) led the decliners among the ETFs on Friday, with a loss of 15.85%. This was the fifth consecutive trading session that VZZ closed lower.Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) dropped 6.41%, and closed at $60.16. In the semiconductor space, Broadcom Corporation (NASDAQ: BRCM) gained 2.29%, and it closed at $34.41. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) fell 5.55%, as Simon Property Group, Inc (NYSE: SPG) gained 2.01%, and closed at $118.57.Direxion Daily Finan. Bear 3X Shares(ETF) (NYSE: FAZ) traded 5.47% lower as Citigroup Inc. (NYSE: C) added 2.98%, and Morgan Stanley (NYSE: MS) gained 3.26%.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.