This is an alert about BPT Mechanical Systems:
Hello and good morning happy Wednesday. This is a trade update on the MES Breakout system. As you know, the MES breakout system went long just over 2 weeks ago. I had closed 1/2 of that position at a price of 5335, which in hindsight now was a good call, locking in 101 points or a $505 gain. On the original long entry at 5235 we entered 2 MES contracts.
The stop on the remaining MES contract is now a tight 5272, so it bumped up about 10 points, and is nicely above the 5245 entry, so a nice positive stop
congrats if you took the trade, you more than paid for the website subscription for a couple years. Refer to the image showing the MES trades for this year from the mean reversion systems.
And futures are not for everyone, remember you can always substitute on the of the S&P 500 related ETF's in place of MES futures such as SPY, SSO, UPRO
Matt
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