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401K - If it is possible, I'd appreciate the addition of a WEEKLY SPYto the KISS Systems.

Say what you will about the limitations of the old Paint Dry System, it only gave signals on a 30-day basis. The daily SPY KISS can have shorter exits (e.g., 2022). There are 401K systems with the same trading limitations of 30 days. - e.g., with some Fidelity  401Ks, they can freeze your account for a time period if you violate the rule.

I understand that it may be technically difficult, or not possible, to add a weekly to the daily systems. Secondly, it may open a flood of requests for QQQ, VTI or whatever.

Alternatively, there is still a WEEKLY SPY KISS tab at https://breakpointtrades.com/current_dvts/#spx_weekly. It is too busy for me to easily see the signals. Maybe it can be cleaned up (i.e., remove short and cover, etc.). Ideally, I'd like to see a vertical Exit line, as well as the Entry line - say green and red.

Good idea.

What could go wrong? As Matt tells us, potential trades can and do disappear. Also, things occasionally go bump in the night with Tradestation.

It's a stressful thing and he does the best that he can do - and it's a good job!

I remember an AAPL trade (yes), a long time ago, far, far away.  This one turned out to be a mistake. I reversed it the following morning 

and actually made a few $. VERY few .

You know how it goes: Sometimes you're the dog and sometimes you're the tree.

Matt: We appreciate the effort you're making to develop the ETF systems. We hope they come to fruition. Thanks!

More noodles. Thanks for sharing that idea! I tweaked it a bit. Hope the chart is viewable...........

I used a smoother version of the SPY/UDN weekly close price (not displayed) as:  ZL = 2*FAVG8 - AVG8
That's 2 times a weighted average of 8 and subtracted an average 8.

NOTES:
1. I don't know if this can be done in Stockcharts. I used TC2000.
2. It's just an indicator, not a system.
3. It will not do well during a consolidation.
4. The bottom indicator shows when the smoothed RS line (ZL) was > EXP3

Webinar

Webinar Video

Posted by robbief111 on 24th of Jul 2020 at 12:05 pm

Matt,

Thanks for the DVT webinar. We appreciate the work that you put into that. I have a few comments and a question with regard to managing a 401K by the use of DVTs.

Just saying.
Mutual fund orders execute on the daily close. Many 401Ks do not allow stops to be placed - especially for mutual funds. If a DVT is triggered near the close and you cannot get an order placed to sell in time, any subsequent mutual fund sell order will execute at the close of the following day. That's okay, because the intention is not to trade these things in a 401K.

Another difference between the old Monthly system and the DVT version, is that daily sideways market action will cause whipsaws. They may be few, but they are inevitable. The Fidelity Police, for example, do not take kindly to round trips of less than 30 days - they can freeze your mutual fund trades after a warning. A few of these quick trades within a month and many of us will give up. You have previously mentioned the possibility of an additional weekly DVT system. It could also trigger multiple trades, but there would be far fewer of them.

Re-entry Question
I may have missed this during all of the discussions.

Will you provide a subsequent re-entry signal after each DVT stop is triggered?

I see one on the DVT web page on 6/30/20. How will we be notified?

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