Tom or Matt, did you send out an email notification after you
realized your error? I didn't receive one. I was
happily long, following the system, until I checked your site 5
minutes ago. I'm out now.
I'm following the single-entry, and for this account
I'm 100% short. I've been 100% on every trade, and happy
to be in the positive now. Mind you, I was out of my mind not
too long ago.
I really appreciate all the feedback everyone. This
is nota recommendation, but I'm now considering a
partial exit on Monday, putting a stop in place for the remainder,
and trying to come up with some kind of target.
I believe Matt uses profit curves to determine when to shut a
system off. I guess the falsifiability there is subject to
the traders discretion in drawing trendlines.
I disagree with your premise. The *drawdown* that we're
suffering is not outside the range of the system's historical
performance. We haven't exited the trade yet so you
can't compare our current drawdown to past losing trades.
Apples and oranges.
If it's getting really painful for you than you're probably
over-leveraged. Try scaling back in future trades. Take
some time to picture drawing down 15% on the next trade, in real
$s, before you place the trade. If your palms start to sweat
than it's probably too much.
Matt, I was looking at a service a while back that hosts
strategies on their servers, offer them for subscription on a
forum, and run them for users off their servers. Maybe you
could leverage a third-party service like that for this system.
I hear you RM686. It's hard enough to keep the emotion out
of it. When I see posts on the SPY page from experienced
traders giving discretionary opinion, it's even harder not to
react. I'm thinking of MarketGuy's post calling for the
"Mother of all Puts". Yikes!
The community is delayed by three days for non registered users.
Exit?
Posted by ascr on 6th of Sep 2012 at 05:11 pm
So is there an exit tomorrow morning?
Tom or Matt, did you
Current SPY Position
Posted by ascr on 7th of Mar 2012 at 03:36 pm
Tom or Matt, did you send out an email notification after you realized your error? I didn't receive one. I was happily long, following the system, until I checked your site 5 minutes ago. I'm out now.
I'm in. Another part of
IMPORTANT - SPY System Newsletter
Posted by ascr on 23rd of Nov 2011 at 12:03 pm
I'm in. Another part of the *usually* silent majority.
I'm following the single-entry, and for
System comments, etc
Posted by ascr on 22nd of Sep 2011 at 11:15 am
I'm following the single-entry, and for this account I'm 100% short. I've been 100% on every trade, and happy to be in the positive now. Mind you, I was out of my mind not too long ago.
Tom, Matt, I got the
Posted by ascr on 14th of Sep 2011 at 01:52 pm
Tom, Matt, I got the email to check the website, but that's it. What's the notification?
Then what did Matt mean
SPY Current Trade Exit signal
Posted by ascr on 13th of Aug 2011 at 10:38 am
Then what did Matt mean by "startfox - under the new rules, the system would have bought at the close of 8/8 at 112.26."
I really appreciate all the
Anyone have any justification for exiting now? A fraction or ...
Posted by ascr on 12th of Aug 2011 at 08:42 pm
I really appreciate all the feedback everyone. This is nota recommendation, but I'm now considering a partial exit on Monday, putting a stop in place for the remainder, and trying to come up with some kind of target.
Anyone have any justification for
Posted by ascr on 11th of Aug 2011 at 03:59 pm
Anyone have any justification for exiting now? A fraction or the whole she-bang. $118 is looking really good to me after the past week.
I believe Matt uses profit
Falsifiability
Posted by ascr on 5th of Aug 2011 at 09:37 am
I believe Matt uses profit curves to determine when to shut a system off. I guess the falsifiability there is subject to the traders discretion in drawing trendlines.
I disagree with your premise.
SPY system performance
Posted by ascr on 5th of Aug 2011 at 09:14 am
I disagree with your premise. The *drawdown* that we're suffering is not outside the range of the system's historical performance. We haven't exited the trade yet so you can't compare our current drawdown to past losing trades. Apples and oranges.
If it's getting really painful for you than you're probably over-leveraged. Try scaling back in future trades. Take some time to picture drawing down 15% on the next trade, in real $s, before you place the trade. If your palms start to sweat than it's probably too much.
Hold me
Posted by ascr on 4th of Aug 2011 at 03:35 pm
Hold me
Matt, thanks for the great
Posted by ascr on 13th of Jul 2011 at 12:03 pm
Matt, thanks for the great trade! The entry was unreal on this one.
Matt, I was looking at
SPY swing system trading ES exotic
Posted by ascr on 11th of Jul 2011 at 11:30 am
Matt, I was looking at a service a while back that hosts strategies on their servers, offer them for subscription on a forum, and run them for users off their servers. Maybe you could leverage a third-party service like that for this system.
Does anyone know what the
SPY system and trading ES and automation
Posted by ascr on 6th of Jul 2011 at 05:01 pm
Does anyone know what the risk looks like for trading 10 contracts. I know less than nothing about trading ES futures.
I hear you RM686. It's
If I am correct there will be no further scale ...
Posted by ascr on 29th of Jun 2011 at 03:45 pm
I hear you RM686. It's hard enough to keep the emotion out of it. When I see posts on the SPY page from experienced traders giving discretionary opinion, it's even harder not to react. I'm thinking of MarketGuy's post calling for the "Mother of all Puts". Yikes!
Good to know. Thanks James.
So, is there a profit target to this thing or ...
Posted by ascr on 29th of Jun 2011 at 11:40 am
Good to know. Thanks James.
So, is there a profit
Posted by ascr on 29th of Jun 2011 at 11:13 am
So, is there a profit target to this thing or what? Not that I'd mind a 15%-er. But golly this is looking like a sweet trade right about now.
Is this a new system
Comment
Posted by ascr on 29th of Jun 2011 at 09:13 am
Is this a new system rule?
Wow this silent treatment/positive jinx
Looks like....
Posted by ascr on 28th of Jun 2011 at 04:00 pm
Wow this silent treatment/positive jinx thing really works. Good job folks :)
Are you asking because of
is the trigger to spy system entery is still below $130.71 for today ? or did it change ?
Posted by ascr on 3rd of Jun 2011 at 02:33 pm
Are you asking because of the email/text? It hasn't changed. That was just the official notification going out.