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Are you still seeing a potential short in the systems? Probably not, right?

I would love to have a trade-sitter app that sits on top of my platform app and flashes the screen and audible alarms when I attempt a trade in the direction of the trend when A's are being posted. I'm so much better about not buying tops and selling bottoms after 20 years doing this, but I still get caught every once in a while.

On a related note, I feel like probably 60% or more of the time when my stops get hit, price reverses and in hindsight I can look back and see amateur selling. I hate stops. If I give them enough room so that traders don't run them and then take the stock back up, the amount of room I have to give them makes them almost useless. Options for me instead. 

BPT Black Friday Special- when

Posted by DigiNomad on 21st of Nov 2022 at 04:13 pm

BPT Black Friday Special- when are you going to announce?       
 I'm personally hoping you guys will announce some kind of multi year deal...

It's not great when your


Posted by DigiNomad on 21st of Nov 2022 at 10:35 am

It's not great when your product puts you at a disadvantage with the hordes using ESG metrics to make decisions on how to invest in various companies / industries. Plus a President saying that they are going to force the industry  to sunset operations while simultaneously demanding increased production in the near term...but not in America, preferably. 

BTC - sitting on a

Posted by DigiNomad on 20th of Nov 2022 at 09:05 pm

BTC - sitting on a knife edge of support. I wouldn't be surprised if I wake up to find it fell 2,000 dollars while I was asleep. 

Makes sense to me. I like the product the way it is! I think I entered this thread because of the Twitter discussion I ran across. I made the assumption that meant that you were considering a social media type campaign in the future. 

Agree with most of this...and

Posted by DigiNomad on 20th of Nov 2022 at 08:28 pm

Agree with most of this...and at the end of the day it obviously comes down to your opinion on the best way to achieve your goals for the business. Just throwing out a few thoughts from the non consensus side of the fence (seems like most people tell you that they will easily and happily pay more...which is great!).

FWIW, I don't really consider 401K's as "tradeable assets."  They are normally limited to a few funds within a single fund family or a few fund families. There are no stop orders and the execution typically takes days vs seconds. The amount of assets that the average person has in "Tradable Assets" is considerably lower than the figures for 401K averages by age. 

Jonesy85 blowing us normal guys out of the water. Was fun swimming with other people who reooil at $125 per month pricing. Sigh. This is how people in Texas feel when Californians move in 😥

One suggestion for marketing: consider CUTTING prices by 50% or more and then launching some social media ad campaigns. Polar opposite of the way it seems to be going, but I think it would massively increase the subscriber base relative to the other option of raining current subscription prices.  

Think about it this way - what account size does the everyday man need to have in order to justify a BPT subscription? Well, there isn't a right answer, but suppose someone pays $300 per 6 months or $600 annually for BPT.  If the potential subscriber has a $10K account (self directed), then I think most of us would agree that paying 6% for a newsletter is shooting themselves in the foot. If they have a 20K balance then it is 3%...stil really high. 40K is 1.5%...still high. Let's say .75% of tradable assets is a reasonable fee to be paid by a consumer of a newsletter service. That means your  base level clientele should have at least 80K in a tradable account. All of the sudden you're in fairly rarified air. If you keep the prices lower, even lower them from current levels, it's not completely unlikely that you would not only gain total subscribers, but would keep existing subscribers in the fold for longer. 

Matt, love the detail you

CCI bungie setups education

Posted by DigiNomad on 20th of Nov 2022 at 12:52 pm

Matt, love the detail you included on the trade setup. Thanks!

I could be wrong, but I don't think stops execute outside of RTH.  I've seen the option on some platforms, but I don't think it's actually functional. Again, I could be wrong. My order default on my primary platform is for ext hours to be included...but I've never had a stop trigger that way (I wish....I would lean less heavily on options if they would always trigger...gaps are nightmares for stop order users)

 Matt,  IRT "the daily trigger needs to take out yesterday's highs by 1 penny" that on a closing basis? I assume it is, but thought I'd ask.  

I suspect we may resolve higher in the short term...but it's just a feeling. Also, Guy Adami on Fast Money often comments that the market doesn't typically give traders a lot of time to sell tops (or buy bottoms). That would also suggest a short term resolution higher. 

ASPS - great call by

Posted by DigiNomad on 17th of Nov 2022 at 03:37 pm

ASPS - great call by someone yesterday or the day before about this coming into the 9 EMA. I bought a large handful of 17.5 strike calls and they are already up 180%

FTX founder (SBF) was Biden's largest donor and 2nd largest for the entire DNC. In other news, there are no criminal charges yet for SBF or FTX. Shocker.

MLPX - this ones been

Posted by DigiNomad on 15th of Nov 2022 at 01:55 pm

MLPX - this ones been riding the fence for weeks now.  Seems like it wants to break above trend line, but not quite yet. 

MACD KISS short setup -

Posted by DigiNomad on 15th of Nov 2022 at 01:49 pm

MACD KISS short setup - first person to spot one on this bounce and post gets a prize (my thanks)   

Nice! Good day to be

SPX 30 min count update

Posted by DigiNomad on 15th of Nov 2022 at 01:46 pm

Nice! Good day to be long premium! My short premium trades are up nicely, but nothing like that, because vol is working against me. 

SPX shorts from earlier today & yesterday  = Christmas in November :) 

OMG, I hope this is

Russian missiles hit Poland

Posted by DigiNomad on 15th of Nov 2022 at 01:36 pm

OMG, I hope this is fake news. If not, I bet Russia denies it but the US and West will push towards escalation anyway. They have been desperate to get attention back on Ukraine so they can funnel more funds over there for who knows what. 

ASPS - I don't hold

Posted by DigiNomad on 15th of Nov 2022 at 01:21 pm

ASPS - I don't hold stocks, for the most part, but I bought a chunk of this way back when Matt first starting posting about it (feels like years ago). Anyway, I was selling covered calls every month against it and doing just fine (lots of juicy premium to harvest). I finally stopped selling calls against it about 6 weeks ago because it looked primed for a move but also because my cost basis is so low at this point that it's like playing with the houses money. Anyway, good call - I'm up about 40% now, not including premium sales.

I know this administration will continue to flout the constitution time and time again (in this case not allowing foreclosures, etc, which infringes on property rights, among other rights) but eventually the courts step in an remind them they aren't Kings (like with the recent rulings on student loan forgiveness).  


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