Professor’s Comments Update 12/18/19

Posted by OMS  at December 18th, 2019

The Model is placing a sell stop order on its remaining 750 shares of UCO at the 19.87 level. If the trade is executed, the Model will buy a ‘trial’ position of 1,000 shares of SCO, the inverse ETF for crude oil.

h

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
FAQ

All of the commentary expressed in this site and any attachments are opinions of the author, subject to change, and provided for educational purposes only. Nothing in this commentary or any attachments should be considered as trading advice. Trading any financial instrument is RISKY and may result in loss of capital including loss of principal. Past performance is not indicative of future results. Always understand the RISK before you trade.