Steve I've commented about that open trade several times
already, I'm not going to comment on it each and every day
multiple times. I mentioned last week here that it was close to
stopping out. I sent out an email this morning and text message and
will follow up later today as it may stop out today
tgo5043 -that post is ridiculous and has nothing to do
with those systems. First off define a bull market exactly, systems
need exact definitions. However that said that blanket statement is
not relevant and not applicable at all, it's like saying take no
Long trades in a bear market, well define a bear market, is it 20%
decline, is it 50 days below the 200 day MA or 100 days etc.
.
However the most important thing is that reversion to mean
systems are that, things get too stretched away from the 9 EMA
in all markets and prices are then susceptible to a pullback
back to the 9 EMA or the mean. It doesn't matter if you are in a
bull or bear market. Prices get stretched both to the upside and
down side too far away from the 9 EMA in both markets and there are
trade opportunities. The exhaustion short generally only
occurs in bull markets and in VERY strong uptrends, and they play
out just fine, things are too stretched, hence the rubber band is
bound to snap back to the mean
plus you had a 35% correction in Feb/Mar - and that was in a
bull market - if I had a short signal in late Feb I should not have
taken it because the market was in a bull market.
the DVDS system closed out yesterday. the ETF portion hardly
lost a thing, -1.3% and -0.9%, basically almost nothing. now the
options didn't fair as well because they are leveraged and the VIX
has been fallen. Also that trade was profile for a bit, it just
didn't close out on the pullback that occurred after that 2nd
entry. Otherwise it did its job, it closed out with a stop, and
just in time as it did that yesterday, losses were small - which is
what trading is about, you get in, and have an exit plan if you are
wrong
tell you what guys - here's a bunch of examples of the
Exhaustion Short sub system, all these occurred in bull markets, so
let's just remove them all, no more of these trades since you
should not take short trades in bull markets
so there you go, they are all gone now
I'm teasing I'm not going to do that, but pet peeve of mine,
blanket statements about bull and bear market really should have
nothing to with trading. Trading is about seeing an opportunity
with a trigger and an exit if you are wrong. Also most people can't
even define what a bear market is as there are so many
interpretations. Your triggers from your plan or a system is what
matters for trades. Not what some some loose definition of what
state the market is in.
Posted by makarolya on 1st of Dec 2020 at 01:19 pm
SPY systems became money makers for me, including all
recent short trades. I applaud Matt and Steve for the great job
they are doing, sharing the SPY trades with our community. I also
want to compliment Matt and Steve for explaining SPY systems in
details over and over again. When I joined the forum about a year
ago, the SPY systems were difficult for me to understand in the
beginning, and I do not trade what I don't understand. But as time
goes by, I get better and better understanding how Matt's system
works, I started to put more money in it and my trading in SPY
systems improved tremendously. My advice to those in doubt - please
take your time to study SPY systems and observe the trades, and you
will be rewarded in the end.
I agree, there is something for everyone here. I have had a lot
of success with the SPY systems and also KISS systems! And I don't
trade options, unless selling them; which is just my own
preference... I like to keep it simple.
Matt & Steve have made almost too much available here for us
to use. Often times, I see the same patterns but it's nice to
have a pro see triangles, pennants, wedges etc to confirm and give
confirmation of my own observations.
I think if you don't have success using this site, you are
probably afraid to pull the trigger on a trade! (and manage the
trade once in :)
I would hate to see the short systems go. All subscribers that
use your short systems should go to the Systems section and look at
the figures. ie, The Exhaust System #1  have been 100%
profitable in the past. The Hi-Mid-Low short system has been
profitable 97.9% in the past. I have been a subscriber for 12 years
and have made your fees many times over with the systems. Hope you
and Steve keep all you have worked on for years. Much appreciated
!!
Posted by kevindeng0727 on 1st of Dec 2020 at 11:33 am
Hi Matt, Can you still send us the signals and let us decide
(maybe add some comments like 'this is not part of official
trades')? Even the recent signal gave me a great hedge and I
sold it early for a profit. Thanks
We still have a SPY
Posted by steverobin on 30th of Nov 2020 at 09:28 am
We still have a SPY system trade on. Any comments or just waiting for a move?
Steve I've commented about that
Posted by matt on 30th of Nov 2020 at 09:39 am
Steve I've commented about that open trade several times already, I'm not going to comment on it each and every day multiple times. I mentioned last week here that it was close to stopping out. I sent out an email this morning and text message and will follow up later today as it may stop out today
looks like that DVDS system
Posted by matt on 30th of Nov 2020 at 03:56 pm
looks like that DVDS system trade is not going to close out, but I mean the indicator is within a hair's breath of causing a stop out.
again do what fits your style and plan
LOL so it actually did
Posted by matt on 30th of Nov 2020 at 04:04 pm
LOL so it actually did close out - that's why TS sucks at times, wasn't showing a close out now shows it closed out.
Good rule of thumb........... Never
Posted by tgo5043 on 1st of Dec 2020 at 07:49 am
Good rule of thumb........... Never Short during a Bull Market.
tgo5043 -that post is ridiculous
Posted by matt on 1st of Dec 2020 at 11:07 am
tgo5043 -that post is ridiculous and has nothing to do with those systems. First off define a bull market exactly, systems need exact definitions. However that said that blanket statement is not relevant and not applicable at all, it's like saying take no Long trades in a bear market, well define a bear market, is it 20% decline, is it 50 days below the 200 day MA or 100 days etc. .
However the most important thing is that reversion to mean systems are that, things get too stretched away from the 9 EMA in all markets and prices are then susceptible to a pullback back to the 9 EMA or the mean. It doesn't matter if you are in a bull or bear market. Prices get stretched both to the upside and down side too far away from the 9 EMA in both markets and there are trade opportunities. The exhaustion short generally only occurs in bull markets and in VERY strong uptrends, and they play out just fine, things are too stretched, hence the rubber band is bound to snap back to the mean
plus you had a 35% correction in Feb/Mar - and that was in a bull market - if I had a short signal in late Feb I should not have taken it because the market was in a bull market.
the DVDS system closed out yesterday. the ETF portion hardly lost a thing, -1.3% and -0.9%, basically almost nothing. now the options didn't fair as well because they are leveraged and the VIX has been fallen. Also that trade was profile for a bit, it just didn't close out on the pullback that occurred after that 2nd entry. Otherwise it did its job, it closed out with a stop, and just in time as it did that yesterday, losses were small - which is what trading is about, you get in, and have an exit plan if you are wrong
tell you what guys -
Posted by matt on 1st of Dec 2020 at 11:22 am
tell you what guys - here's a bunch of examples of the Exhaustion Short sub system, all these occurred in bull markets, so let's just remove them all, no more of these trades since you should not take short trades in bull markets
so there you go, they are all gone now
I'm teasing I'm not going to do that, but pet peeve of mine, blanket statements about bull and bear market really should have nothing to with trading. Trading is about seeing an opportunity with a trigger and an exit if you are wrong. Also most people can't even define what a bear market is as there are so many interpretations. Your triggers from your plan or a system is what matters for trades. Not what some some loose definition of what state the market is in.
okay enough of this let's move on
Keep 'em coming! These system
Posted by timebandit on 1st of Dec 2020 at 05:37 pm
Keep 'em coming! These system signals provide good, tradable information.
SPY systems became money makers
Posted by makarolya on 1st of Dec 2020 at 01:19 pm
SPY systems became money makers for me, including all recent short trades. I applaud Matt and Steve for the great job they are doing, sharing the SPY trades with our community. I also want to compliment Matt and Steve for explaining SPY systems in details over and over again. When I joined the forum about a year ago, the SPY systems were difficult for me to understand in the beginning, and I do not trade what I don't understand. But as time goes by, I get better and better understanding how Matt's system works, I started to put more money in it and my trading in SPY systems improved tremendously. My advice to those in doubt - please take your time to study SPY systems and observe the trades, and you will be rewarded in the end.
I agree, there is something
Posted by cozz101 on 1st of Dec 2020 at 01:55 pm
I agree, there is something for everyone here. I have had a lot of success with the SPY systems and also KISS systems! And I don't trade options, unless selling them; which is just my own preference... I like to keep it simple.
Matt & Steve have made almost too much available here for us to use. Often times, I see the same patterns but it's nice to have a pro see triangles, pennants, wedges etc to confirm and give confirmation of my own observations.
I think if you don't have success using this site, you are probably afraid to pull the trigger on a trade! (and manage the trade once in :)
I would hate to see
Posted by rogerv on 1st of Dec 2020 at 01:53 pm
I would hate to see the short systems go. All subscribers that use your short systems should go to the Systems section and look at the figures. ie, The Exhaust System #1  have been 100% profitable in the past. The Hi-Mid-Low short system has been profitable 97.9% in the past. I have been a subscriber for 12 years and have made your fees many times over with the systems. Hope you and Steve keep all you have worked on for years. Much appreciated !!
Hi Matt, Can you still
Posted by kevindeng0727 on 1st of Dec 2020 at 11:33 am
Hi Matt, Can you still send us the signals and let us decide (maybe add some comments like 'this is not part of official trades')? Even the recent signal gave me a great hedge and I sold it early for a profit. Thanks
+1 Yes , please continue to
Posted by jmagaia on 1st of Dec 2020 at 11:50 am
+1
Yes , please continue to post.
I know sometime the software have this limitations.