January 6, 2012 5:37 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.
ProShares Ultra Silver (ETF) (NYSEARCA: AGQ) traded 4.18% lower on Friday, and it closed at $44.65 as silver struggled. AGQ had a volume of 1.60M traded shares, and its average volume is 2.51M shares.ETFS Physical Palladium Shares (NYSEARCA: PALL) dropped 3.58% today on the weakness in palladium. PALL closed at $60.90, and it had a volume of 127K traded shares. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSEARCA: EDC) fell 3.43% today, and it closed at $76.22. Vale (ADR) (NYSE: VALE), a component of the MSCI Emerging Markets Index, lost 1.71% on Friday.VelocityShares Daily 2x VIX Short Term ETN (NYSEARCA: TVIX) continued its downtrend on Friday, with a decrease of 3.29%. This was the fourth consecutive trading session that TVIX closed lower.
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.