Watchlist details

 ok. so. SOo (there was a large break between those "so's" for me) As part of my trend following delve I have been creating a rather large watch list of ETFs. I wanted to talk about it because I think it is a good idea and will help me and anyone really if you haven't already done this. Basically it is knowing the ETFs. So by identifying what is strong on a given day (ETF wise) then even further you can figure out what is moving from inside the etf. So as part of my watchlist I am listing the major holdings in the notes for each ETF. So eventually I will kind of know by heart what is in the ETF and what from the ETF I like to trade. Like at the current moment JETS is up more than anything else on the day (at least from what is on my watchlist of about 60 etfs). I know that jets is the airlines (that one is pretty easy to know) and the largest holdings of JETS are DAL, LUV, AAL, UAL (Delta, Southwest,American, and United all at about 10%) and then there are several at about 2-3% like JBLU which is #5 on the list). Anyway, they all up.  The idea is to know with more preciseness what is moving in the market. On Trend days, being able to identify what is trending best, should hypothetically present the best opportunities to hop on the trend. But I think what excites me the most about this right now is that it makes me feel like I know the market better. I do have to understand thought that it shouldn't change how I have been trading my strategies and setups and trades. That is it should only be a complement to what I have been doing. And it will hopefully help from getting on the wrong side of a trend. Alrighty. That's what I've got for today. Cheers

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