ETF's I'll Be Using in the Velocity Loop Trading System
ETF's I'll Be Using in the Velocity Loop Trading System
Yesterday I bought $1 worth of all the ETF's I will be putting into the Velocity Trading Loop over the next few months. Depending on market conditions and/or others I may find, I could change some of these. As of right now this is what I plan to use, and I'm showing them here so that you can do you research on these if you find them valuable.
Also, I will likely be using different methods that I have mentioned like, leaving some of the profits earned in each ETF in order to earn Long Term Growth and small amounts of dividends. Since I've mentioned dividend earnings, understand that this method allows for over 95% of your cash to be invested at all times (except for the initial investment process) allowing for dividends to be collected throughout this process.
Below will be the current Robinhood charts for the past year of growth of these ETF's. You can look them up on your Robinhood app and see what their lifetime growth has been and I think you will agree that it has been impressive.
Yes, there are some similarities in these over the past year. Yes there will be times when my plan will get "stuck". The compounding effect of this plan seems to be reasonable when compared to the tax implications of taking short term capital gains. Eventually, as the account grows, this won't be an issue. But! I am not a CPA or any kind of tax professional. Check with one of them before following some random guy on the internet.
That is all for now. Happy Trading!!
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