Great video on position sizing. I notice on the Trade
Ideas page that there are "Alarm Prices" that will be hit before
the desired entry price so that we can watch it more closely before
entering. Problem is, I can't see much on my tiny phone when
the Alerts trigger and certainly can't see my trend lines,
annotation, etc.
So, for those of us who aren't around throughout the
entire trading day, what's a good strategy for entering these
positions? Placing a Buy Stop (Market? Limit?) order in
the pre-market? Something else?
Similar question about entering the initial stops: Given that
(with my broker at least) we can't enter Sell Stop orders until we
have successfully filled the Buy order, how do people manage that
who aren't around throughout the entire trading day? Run
without a stop on Day 1 and then enter a Sell Stop after-hours on
the day the Buy order fills? Something else?
Appreciate any tips you can share on how to manage these entries
and stops for those of us who aren't anchored at a trading desk all
day.
Thanks Matt. Been a member for just over a year and have
only really traded your systems, not the individual trade ideas,
because I didn't know where to put the stops so I could size the
trade. Having suggested stops added to the trade idea charts
is a *huge* help!
For the systems (Paint Dry, SPY Pro), how do we come up with an
initial $risk/share so we can size our position and what are some
strategies for moving those stops up over time?
Given that there are 420 trading minutes in a day, is there an
issue where your timeframes overlap multiple days because 420 is
not an even multiple of 15, 60, etc? Or does the last bar of
the day just cover a smaller time interval than the rest?
Thanks!
Sure has been. Bought 50% SPY(up 1.2% so far) and 50% XIV
(up 10.2% so far). If XIV doesn't nosedive before closing
out, it'll pay for a BPT subscription for many years to come...
Would it be possible to include subsystem charts in the daily
newsletter when they're active? e.g. Trending subsystem is
currently active but I have no idea how close it is to exiting.
In last night's newsletter, Steve was saying that the VIX was
bullishly stacked and that he was feeling more cautious about any
SPY upside than he has in quite a while.
Given this, would buying XIV for this Trend Trade signal be more
risky than usual??
I bought XIV on the SPY Pro Trend sub system signal @ 108.23
back on Nov 14th.
Now it's up 8%+ :)
Are the subsystem charts posted daily somewhere? I know
they appear in the newsletter sometimes, but I can't seem to find
them on the site itself so I can check them without bugging you
each day.
Trying to figure out where to place my trailing stop to avoid
giving up all the gains. Considering the 20d as a stop... or
just using the SPY exit timing to exit XIV.
Appreciate any strategies.
Thanks!
.../john
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Alerts vs Buy Stop orders
Posted by rojoch on 12th of Mar 2018 at 01:44 pm
Alerts vs Buy Stop orders for entries?
Great video on position sizing. I notice on the Trade Ideas page that there are "Alarm Prices" that will be hit before the desired entry price so that we can watch it more closely before entering. Problem is, I can't see much on my tiny phone when the Alerts trigger and certainly can't see my trend lines, annotation, etc.
So, for those of us who aren't around throughout the entire trading day, what's a good strategy for entering these positions? Placing a Buy Stop (Market? Limit?) order in the pre-market? Something else?
Similar question about entering the initial stops: Given that (with my broker at least) we can't enter Sell Stop orders until we have successfully filled the Buy order, how do people manage that who aren't around throughout the entire trading day? Run without a stop on Day 1 and then enter a Sell Stop after-hours on the day the Buy order fills? Something else?
Appreciate any tips you can share on how to manage these entries and stops for those of us who aren't anchored at a trading desk all day.
Thanks!
.../john
Thanks Matt. Been a member
Important Education Video to help you trade our trade ideas - reposted from 2018
Posted by rojoch on 12th of Mar 2018 at 01:27 pm
Thanks Matt. Been a member for just over a year and have only really traded your systems, not the individual trade ideas, because I didn't know where to put the stops so I could size the trade. Having suggested stops added to the trade idea charts is a *huge* help!
For the systems (Paint Dry, SPY Pro), how do we come up with an initial $risk/share so we can size our position and what are some strategies for moving those stops up over time?
Thanks!
.../john
woops, I meant 390 minutes
SPX comments
Posted by rojoch on 7th of Mar 2018 at 02:07 pm
woops, I meant 390 minutes in a trading day.
Given that there are 420
SPX comments
Posted by rojoch on 7th of Mar 2018 at 02:06 pm
Given that there are 420 trading minutes in a day, is there an issue where your timeframes overlap multiple days because 420 is not an even multiple of 15, 60, etc? Or does the last bar of the day just cover a smaller time interval than the rest? Thanks!
I appreciate your advance heads-up
SPY Pro system may go long
Posted by rojoch on 2nd of Mar 2018 at 01:27 pm
I appreciate your advance heads-up notes Matt.
Canada will legalize marijuana nationwide
BUDZ - crazy move on this weed stock of late. ...
Posted by rojoch on 4th of Jan 2018 at 01:56 pm
Canada will legalize marijuana nationwide this coming July.
.../john in Victoria, BC
Thanks--played XIV for a +5%
SPY System: Note the Trend Sub system which went long ...
Posted by rojoch on 4th of Jan 2018 at 11:23 am
Thanks--played XIV for a +5% move, even with VIX at an all-time low. Weird.
Great tip Matt! Plugging this
GDX/GLD ratio whipsaw confirmation method
Posted by rojoch on 3rd of Jan 2018 at 03:45 pm
Great tip Matt! Plugging this into some of my own systems, I can see how it would have helped avoid false entries/exits.
Thanks again Matt for your
FYI the SPY System, Trend Long Sub system, which went ...
Posted by rojoch on 12th of Dec 2017 at 02:33 pm
Thanks again Matt for your great analysis and buy/sell signals. There's no way I would've stayed in XIV that long on my own!
Sure has been. Bought 50%
Hello everyone, as you may know, the AAPL system has ...
Posted by rojoch on 11th of Dec 2017 at 10:44 pm
Sure has been. Bought 50% SPY(up 1.2% so far) and 50% XIV (up 10.2% so far). If XIV doesn't nosedive before closing out, it'll pay for a BPT subscription for many years to come...
Thanks for including the Trending
Monday's Newsletter - added quite a few ideas tonight, and ...
Posted by rojoch on 11th of Dec 2017 at 10:33 pm
Thanks for including the Trending system's updates in tonight's newsletter Matt!
Thanks Matt. Any updates on
Hello everyone, as you may know, the AAPL system has ...
Posted by rojoch on 11th of Dec 2017 at 03:07 pm
Thanks Matt. Any updates on the SPY Trend sub-system?
.../john
I second that! Have a
Happy birthday Steve,enjoy the ride!
Posted by rojoch on 10th of Dec 2017 at 09:36 pm
I second that! Have a great one Steve.
Thanks Matt. Would it be possible
The AAPL system is probably going back to cash today, ...
Posted by rojoch on 8th of Dec 2017 at 01:36 pm
Thanks Matt.
Would it be possible to include subsystem charts in the daily newsletter when they're active? e.g. Trending subsystem is currently active but I have no idea how close it is to exiting.
Thanks!
.../john
In last night's newsletter, Steve
Posted by rojoch on 6th of Dec 2017 at 01:38 pm
In last night's newsletter, Steve was saying that the VIX was bullishly stacked and that he was feeling more cautious about any SPY upside than he has in quite a while.
Given this, would buying XIV for this Trend Trade signal be more risky than usual??
Thanks! Hope you're feeling better today Matt.
.../john
Hey Matt, thanks for: a) posting
SPY Trend sub system
Posted by rojoch on 22nd of Nov 2017 at 12:54 pm
Hey Matt, thanks for:
a) posting these unofficial signals
b) your previous analysis of using XIV in lieu of SPY
Not often I make 10% in a week with so little stress!
.../john
Thanks Matt!
SPY Trend sub system
Posted by rojoch on 22nd of Nov 2017 at 12:13 pm
I use Matt/Steve thread filter almost all the time. Sometime Matt/Steve Most Recent.
New website will FINALLY launch this weekend
Posted by rojoch on 21st of Nov 2017 at 08:20 pm
Thanks Matt! Was hoping there
SPY Pro system the Trend Trade sub system went long - watch video
Posted by rojoch on 21st of Nov 2017 at 07:48 pm
Thanks Matt! Was hoping there was a place that all the subsystems were posted so I wouldn't have to pester you each time....
I'll stay tuned for news from you tomorrow.
.../john
I bought XIV on the
SPY Pro system the Trend Trade sub system went long - watch video
Posted by rojoch on 21st of Nov 2017 at 12:44 pm
I bought XIV on the SPY Pro Trend sub system signal @ 108.23 back on Nov 14th.
Now it's up 8%+ :)
Are the subsystem charts posted daily somewhere? I know they appear in the newsletter sometimes, but I can't seem to find them on the site itself so I can check them without bugging you each day.
Trying to figure out where to place my trailing stop to avoid giving up all the gains. Considering the 20d as a stop... or just using the SPY exit timing to exit XIV.
Appreciate any strategies.
Thanks!
.../john