August 1, 2011 8:29 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.
VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) led the decliners among the ETFs on Monday, with a 8.41% loss. TVIX closed at $19.38, and it had a volume of 4.20M traded shares. Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) lost 4.89%, and closed at $71.19. In the real estate space, Boston Properties, Inc. (NYSE: BXP) dropped 1.30%, and First Industrial Realty Trust, Inc. (NYSE: FR) fell 1.60%.iShares Dow Jones US Health Care(ETF) (NYSE: IHF) dropped 3.56% today as UnitedHealth Group Inc. (NYSE: UNH) fell 3.24%, and Express Scripts, Inc. (NASDAQ: ESRX) slipped 1.90%.PowerShares DB Agriculture Double Short ETN (NYSE: AGA) traded 3.18% lower on the strength in the corn futures. AGA closed at $16.16, and it had a volume of 23K traded shares.
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.