The DOW elected the bearish reversal of 25518.04 with a closing of 25479.4, a difference of .15%. I have bought a position in DOG
That ETF barely moves (vs something like UWPIX), how the heck are you making money on that? (unless you are playing options)
Also my hourly volatility chart is showing an overall decline so I'll be curious again to see how this trade works out.
I'm not convinced if Socrates has a use, so I am doing this as a feasibility study of Socrates using a small account. I plan to use DIA and DOG until I am comfortable with my trading system. If successful, I plan to start using DDM (2x DOW), UDOW (3x DOW), DXD (-2x DOW), SDOW (-3x DOW) and DIA call and put options. If you look at my recent post you can see that I did make around 9% using DOG in about week. Yes, I could have made more, but I don't trust the system yet.