Thanks Matt. What’s that an excerpt out of?

I now trade almost exclusively systems and they work out well (except when the entire market dumps and they mostly stop out).

The one big loss I took with the BPT Pullback/Trend systems that spooked me out of the market for almost a year was just before the Covid lockdown (entered Feb 24, 25, 27, 2020).  The Call options basically evaporated in value.  Unfortunately, I was feeling giddy when I entered, putting 2% plus 4% plus 6% (total of 12%) in on consecutive signals--a huge position sizing mistake.

Those positions lost 97%, 90%, and 80% respectively by the time the systems officially exited on April 24 (see table below).  I exited less than a week after entering (Feb 28, 2020) and still got hit extremely hard.

To me, there were two big mistakes I made:

a) Sizing far too big with options and following the double-down entries as SPY went lower without appreciating the cumulative % captial at-risk.

b) Not understanding the mechanics behind the systematic trade engine.  Without understanding the mechanics, it's difficult to assess whether the current trading environment is in a blind spot of the system being traded.

I'm now extremely careful with position sizing and continue to use Matt's systems (while avoiding options).

Personally, I would like to understand better the mechanics behind Matt's current systems (to see blind spots and anticipate impending future signals) but I understand why Matt keeps that info proprietary.  Perhaps he could share some higher level guidance on how to develop/fine-tune/test our own systems?

I founds several posts that I favourited back in 2017!  Not sure how...

I’ve been a BPT subscriber since 2017 and agree that a single subscription would be much better. 

As a KISS subscriber, I am blocked from viewing the newsletters. 

As a KISS subscriber, where do I find the trade notifications for the R2M trades?

I reported it to Eric late last night.  Hopefully it’ll be fixed soon. 

Also, ticker MOO is completely missing—I have an open position. 

That’s exactly what happened—baffling the first time you experience it for sure. It’s happened to me 3-4 times since September. When in doubt, check the Alerts page directly—there’s little time lag there. Feel free to DM me any other questions about my experience with the KISS systems if you want to keep it off these boards. 

After using the KISS system since early September, I have learned a few idiosyncrasies that you're seeing now.

1. 1) There is a 10+ minute time lag between when a signal occurs and when you receive an SMS message about it.  However, the Alerts web page is updated immediately ( https://breakpointtrades.com/sts_alerts/)
2. 2) STS stops do not always ratchet higher in price.  Sometimes they drop (significantly) if there's a big down bar.  While the lower STS will keep you in the trade longer, I now ignore any notifications that lower the STS--too often it has just meant a much lower (and delayed) closeout to the position.  Especially when we're in an environment of big-news-induced-chop.
3. 3) You won't receive an SMS about a position going flat until after the most recent bar (in your case 78m) has finished, even if it blew through the STS stop early on in the bar.  So you could see (in your case) a 77+10m (87m) delay between your real-life stop being hit and receiving an SMS alert.

I hope this helps.

.../j

What was the verdict?

To clarify, what's the trigger you're looking for?  A candle back inside the BB?  Fully inside?  Closes inside?  Does up/down matter?

Thanks for sharing your knowledge.

.../j

COPX and NIKL are not in the KISS system, correct?

Does that affect whether you take the initial trade, scale out early, or choose a different entry position size?  Trying to figure out why it’s included in the table. 

@Matt, what is the ATR Above/Below column in the KISS system tables for and how is it used?  Eric wasn't sure.

Thx!

Are the KISS R2M trades for SPY and QQQ posted on their own webpage?  Or just here in the forums?

Question for @matt about the KISS system and dividends.

Today the KISS HP system shows ACWI 78m STS stop at $140.26 with the position going flat at 140.02 — so there will be no further STS updates until it gets another reentry signal. 

However, today (Dec 16) happens to be the ex-dividend date with a $1+ payout so my broker automatically lowered my stop from $140.26 by that amount.  So that revised stop has not been hit.

So I’m still in the position but there won’t be any further STS updates because it thinks it’s closed out. 

Shouldn’t the KISS system account for these ex-dividend days (by adjusting STS stops downwards)  because price action due to ex-dividend adjustments is not due to changes in the underlying buyer/seller demand?

Thoughts?

Okay thanks.  I'll try a different browser.  It was failing on both Firefox/Mac and on Safari/iOS for me.

The KISS tables (which show STS stops etc) are also throwing 500 errors for me:

https://breakpointtrades.com/sts_table/

https://breakpointtrades.com/sts_premium/

Are they working on your end?

The KISS Server has been throwing 500 Internal Server Error messages for the last few hours...

The Good news is that the service is gaining a bigger audience.

The Bad news is that this seems to be happening more and more as the service becomes more popular. Last week the intraday SMS alerts arrived as a flurry well after market close while the web pages were inaccessible most of the day.

Can you share your server upgrade plans? Thx!

Any idea when the KISS Daily/Weekly charts will be updated?  Still showing the same values as on Nov 13th/7th.

thx!