3309 Drysdale Ct
Edwardsville, IL 62025
Thank you for this write-up. Even after trading for many years,
this remains great advice for all not only the newbies out there.
Hi EdZ. I also trade on Tradestation. Where did you get the info
on the ZEN system. Please e-mail me at email@example.com
Matt, do you have scan for this we could use?
YES that you did Matt, I have taken quite a bit of profit off
the table now, will look for an opportunity in the next few weeks
for a re-entry. THANKS for the good chart review!
BTCM, this one keeps on giving. Thanks Steve.
i have been keeping track of the Slow Stoch 60 readings on the
Cycle Charts posted during the newsletter every day. Yesterday ALL
four Slow Stoch readings were above 97 and we had a good pullback.
Going back to the newsletter on Sunday 15th August all four the
numbers were above 98%.
For my trading plan I can add a SELL when all four the Slow
Stoch 60 readings are above 95. Just another piece in a good
trading plan falls into place.
Great chart Matt. I have set a few entries and exits based on
this chart. Thanks
Thanks for these stocks. I am always wary when an earnings is
due on a stock. Tradingview shows earnings on the 11th of
august for BLNK..
JKS copy of chart. I hung onto this one and it slowly
coming good. Apologies for the snip off Tradingview. Not sure how
to get that copied any other way
I have also been watching the three Uranium musketeers. Last
week I asked Matt for a review which he did give. Entered all of
them early this week and have some nice gains on board. Thanks
Thanks for this one Matt. Useful information. I have been using
the ticks for stops and or entries. Is there any point in looking
at ticks on a daily chart?
Steve I do believe CHKP reports earnings on Monday 26th July.
Not a good time to trade the stock or options.
Yes I will nibble on this one. I doubt any of the SPY trades
will trigger today?
Tick pivots are great. Set my stop 5 points off the 4340 point
last night. Got to my desk @ 07h00 NZ time (US 3pm) with a lovely
gain on my MESU21 trade.
Could you give your view on Uranium UUUU, URA etc. Thanks
Banks start off the earnings season this week! As Matt says
markets tend to be bullish moving into earnings.!
Jackbnimble I do not see much interest in your post other than
my comments. Please contact me at firstname.lastname@example.org to discuss in
more detail. Thanks
Hi Jackbenimble. Another observation. I have never been
able to trade using anything close to 10% of my trading account on
any signal. Would be interested to hear whether any other
traders have loaded up with options to that degree based on the BPT
Hi Jackbenimble. Thank you for the interesting graph with the
various allocation of funds percentage. This year 2021 has been
particularly successful and has been relatively stress free trading
with only three 2nd entries. I have been trading the SPY
system since 2015 with firstly the E-mini futures and over the past
two year the Macro minis(one tenth of the E-minis). Draw-downs were
at times extremely stressful. Matt re-engineered the Trend system
to reduce the draw-downs of especially the first signal. I have
also been trading the options during the past 5 years and have
experimented with various option possibilities such as buying
calls, even selling puts on 3rd signals because of the high IV
values after a 5-10% correction. During this period I have settled
on calls for the first signals with strikes close to ATM. On the
2nd signal I have been trading call spreads but with twice the $
value and on the 3rd signals I have a)sold puts with large
premiums, b) bought call spreads and c) bought relatively cheap
call options hoping the move back up will bring the option strike
closer to the actual stock price after some time. The third
signals were again compounded to 3* the value of the first signal.
Unfortunately I have not kept an accurate log of all the
"experiments". Question to all of you. Has anyone else experimented
with various option approaches which could be of use to us all?
What are the statistics like for this daily system over 10
years. Is it worth including in the SPY system you text/e-mail us
on? Thank you.
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