d54dc8da-3c3b-4940-81d7-d9ecdace66f5.jpg
f25ffdd3-31ce-4a1d-973d-3a4a7ea31d67.jpg

This is an alert about BPT Mechanical Systems:

FYI the SPY Stoch Rev short is exiting today at the close - A small winner from yesterday's entry and a loser from the 1st entry. As I stated yesterday, the system was nearing it's stop indicator stop out price. 

Outside of the system if one thought the market could have follow through to the downside a couple options would be to close place a stop on the position and close out the rest on another day if prices close down, or split the difference and close 1/2 today and the rest on another down day

Matt

There is no guarantee past performance will be indicative or future results. No assurance can be given that the recommendations of Breakpointtrades.com will be profitable or will not be subject to losses. All Clients should understand that the results of a particular period will not necessarily be indicative of results in future periods. The results listed at this website are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated trades do not represent actual trading. Also, since the trades have not actually been executed, the results may have over or under compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. No independent party has audited the hypothetical performance contained at this website, nor has any independent party undertaken to confirm that they reflect the trading method under the assumptions or conditions specified hereafter. While the results presented at this website are based upon certain assumptions believed to reflect actual trading conditions, these assumptions may not include all variables that will affect, or have in the past affected, the execution of trades indicated by Breakpointtrades.com. The hypothetical results on this website are based on the assumption that the client buy and sells the positions at the open price of the stock. The simulation assumes purchase and sale prices believed to be attainable. In actual trading, prices received may or may not be the same as the assumed order prices.

Providing high quality market analysis with an emphasis on technicals education since 2003.

3309 Drysdale Court
Edwardsville, Illinois 62025
support@breakpointtrades.com
HOME ABOUT ENROLL CONTACT