As a trader that can't day trade but position trades, I need a little help.  Matt and Steve are great but the SPY system has us triple long.  But the commentary from Matt talks about a bear market and "nice" declines.  How do we reconcile the two?   Are they in the market themselves  with the SPY system and just holding on?   Any guidance would be helpful 

Thanks Matt.  I think we are referring to the main system which shows 3 longs.  Based upon those posts, we should hold.  Correct?   Thanks again 

is there any stop loss on the SPY system?  Or do we just hold?   

I was asking about the VIX.   OK, so the VIX is an index and can't blow up like XIV (which was an ETN).  Good to know.   Thanks 

Steve/Matt,  is the VIX similar to XIV?   Could it blow up too and be accelerated into zero value?   I am curious because you've talked about buying it as insurance at times.  Thanks 

Do you think Credit Suisse opened up XIV so traders will sell rather than wait for liquidation?   This might prevent lawsuits on the back end because they can say the market was open and liquid for a couple weeks.   What they don't say is that there is no market for an instrument that shuts down in 2 weeks and this effectively caps the market.   

Are we sure it is shutting down?  If so, why would anyone buy it?  I am confused.   

Curious how the ES system did through this volatility.  Did it exit or is it upside down too?  Please comment 

Good point Steve.   I think we all fell in love with the SPY system.   Need to be diversified and have a plan

Any feedback as to next steps?   Are we likely to buy UPRO or just cut losses at this point?  

Aragon,  dropping $40k is very painful.  I've had some large losses in the past as well.  But count your blessings.  You've stumbled on a site with 90% winners with the SPY system.  Be patient and wait for the trades. Then take them.  Trust me you will see the results.  Try that for a year (SPY trades only) and see where you land up.  Don't try the other trades.  This will give you confidence in the system/site and then you can branch out.  It's what I've done.   Good luck.  

Standing ovation to the guys for the recent fundamental plays:   PRED, ORGS, and WEYL.   Amazing work!!!   

Thanks Matt for the update on Apple 

Not complaining about the trade at all.  I took it in after hours trading when it was presented.  I know Matt said we could sell if nervous but I held.  Just curious if there might be a second entry or if we just hold.  Thanks.  Appreciate all the great trade ideas.  

I am a newer subscriber - anyone have any thoughts on WEYL as it had a great run but is 25% off its high?  Some sell offs on higher volume made me wonder if insiders are selling?