I have made money with his calls. The minute I have a profit I
put in a stop and keep moving it up. His calls are good but he then
gives back all the profits.
If I read your post correctly a $50,000 account would have at an
extreme $25000 allocated to the SPY system. At a
subscription rate of $1200/ yr or 4.8% it seem that this
would be too small an account vs risk reward to play this
system.
What would be the minimum amount size you would recommend to
justify subscribing to the system?
Maybe you could cover this in your
update. I believe a lot of people were attracted to this system
because they are not traders or are not glued to the computer
screen nor want to be 6.5 hours a day.
If it is only prudent to allocate 30% of an account to SPY
what do you do with the rest? I believe these are legitimate
questions.
Matts been showing that head and shoulders pattern for quite
some time say he didnt think it would play out. I wish you
guys would stop talking about plans when in fact there isnt any.
There is actually no point to this site unless you are looking to
scalp a point or two from the watch list.
The only reason I am paying is so I can use the SPY system. I
think if I hear "trade your plan" one more time on this site I am
going to throw a shoe through my computer screen.
Each night the updates show the up down and sidways
possibilities. Where is the plan . Ok its different for everyone
trherefore no plan is posted. The fact is there is no plan.
I dont get it either . at or above the 200 ma. 57.85 GDX. so how
can the email sent out say short unless another
message.
nevver played the GDX because its was too complicated with all
the different rules. cant yolu put a number at the close above or
below like trhe spy system?
"ANCIENT CHINESE SECRET" Marketguy you sure know how to ruin a
guys day (lol). Dam I thought I was going to get a fortune cookie
with my SPY subscription. guess I will have to rely on the email
alerts.
THATS WHAT I AM AFRAID OF even a 2 week transfer and missing a
signal that could last weeks. Already missed most this trade
because of early stoppout trying to manage the trade. Not sure of
how or what a mid entry trade would be. yes on the multi entry you
got a second buy that would be fine. But as far as I can see if you
miss a signal and the market does not make a new low from the first
signal you are screwed with this system as there are no mid
entry signal's.
As suggested by some members the best thing is to check
in at 3:55 for any new signals and just follow the
system.
With no position in this trade and the trends indicator "not to
easily turn down" the next signals will be an exit from this
one some time in the future.
Is there any reason to think that a new trade might will
be forth coming in the in the next 2 weeks or so?
The reason I am asking this is that I am thinking of moving my
accounts which are all in cash to another brokage firm and this
might be a good time to do it without missing any new trades from
the system?
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made money
marco
Posted by RM686 on 1st of Dec 2011 at 08:08 pm
I have made money with his calls. The minute I have a profit I put in a stop and keep moving it up. His calls are good but he then gives back all the profits.
Find Cobras site of no use
Cobras Comment
Posted by RM686 on 20th of Nov 2011 at 01:23 pm
never could understand what he is talking about. If you look at his market portfolio he is holding tna and tza both at losses.
yes
spy short
Posted by RM686 on 15th of Sep 2011 at 05:39 pm
SH short spy 1x
sds would be 2x short S&P
Account size
SPY System Discussion
Posted by RM686 on 26th of Aug 2011 at 12:20 pm
If I read your post correctly a $50,000 account would have at an extreme $25000 allocated to the SPY system. At a subscription rate of $1200/ yr or 4.8% it seem that this would be too small an account vs risk reward to play this system.
What would be the minimum amount size you would recommend to justify subscribing to the system?
Maybe you could cover this in your update. I believe a lot of people were attracted to this system because they are not traders or are not glued to the computer screen nor want to be 6.5 hours a day.
If it is only prudent to allocate 30% of an account to SPY what do you do with the rest? I believe these are legitimate questions.
What plan
FYI - This week, no newsletter this Tuesday
Posted by RM686 on 2nd of Aug 2011 at 07:03 pm
Matts been showing that head and shoulders pattern for quite some time say he didnt think it would play out. I wish you guys would stop talking about plans when in fact there isnt any. There is actually no point to this site unless you are looking to scalp a point or two from the watch list.
The only reason I am paying is so I can use the SPY system. I think if I hear "trade your plan" one more time on this site I am going to throw a shoe through my computer screen.
Each night the updates show the up down and sidways possibilities. Where is the plan . Ok its different for everyone trherefore no plan is posted. The fact is there is no plan.
but if it closed at
GDX Swing System Alert - Update
Posted by RM686 on 28th of Jul 2011 at 04:10 pm
but if it closed at 59.60 it would short?
I thought arrow < means
GDX Swing System Alert
Posted by RM686 on 28th of Jul 2011 at 03:34 pm
I thought arrow < means greater than not between?? so 57.88 x.03= 1.75 means what dont short between 57.85 ans 59 .58 what about 60??
simple nunbers what to do would be better imho.
I dont get it either
GDX Swing System Alert
Posted by RM686 on 28th of Jul 2011 at 03:14 pm
I dont get it either . at or above the 200 ma. 57.85 GDX. so how can the email sent out say short unless another message.
nevver played the GDX because its was too complicated with all the different rules. cant yolu put a number at the close above or below like trhe spy system?
"ANCIENT CHINESE SECRET" Marketguy you
SPY system trend
Posted by RM686 on 18th of Jul 2011 at 01:18 pm
"ANCIENT CHINESE SECRET" Marketguy you sure know how to ruin a guys day (lol). Dam I thought I was going to get a fortune cookie with my SPY subscription. guess I will have to rely on the email alerts.
WHATS THE MOVING AVERAGE?
SPY system trend
Posted by RM686 on 18th of Jul 2011 at 10:03 am
WHATS THE MOVING AVERAGE?
if you look at the
system parameters
Posted by RM686 on 11th of Jul 2011 at 11:08 am
if you look at the buy from the sept low thee was never been another buy in. Problem if you don't take the first signal you will miss a big move.
THATS WHAT I AM AFRAID
Moving accounts
Posted by RM686 on 5th of Jul 2011 at 04:51 pm
THATS WHAT I AM AFRAID OF even a 2 week transfer and missing a signal that could last weeks. Already missed most this trade because of early stoppout trying to manage the trade. Not sure of how or what a mid entry trade would be. yes on the multi entry you got a second buy that would be fine. But as far as I can see if you miss a signal and the market does not make a new low from the first signal you are screwed with this system as there are no mid entry signal's.
As suggested by some members the best thing is to check in at 3:55 for any new signals and just follow the system.
Moving accounts
Posted by RM686 on 5th of Jul 2011 at 03:17 pm
With no position in this trade and the trends indicator "not to easily turn down" the next signals will be an exit from this one some time in the future.
Is there any reason to think that a new trade might will be forth coming in the in the next 2 weeks or so?
The reason I am asking this is that I am thinking of moving my accounts which are all in cash to another brokage firm and this might be a good time to do it without missing any new trades from the system?