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Doesn't it look like a

Posted by sim2009 on 24th of Nov 2023 at 12:57 pm

Doesn't it look like a shooting star formation yesterday on the QQQs...

https://stockcharts.com/h-sc/ui?s=_QQQ&p=D&yr=0&mn=11&dy=0&id=p10497264310&a=1509299968&listNum=61


Hi, I was wondering if

Posted by sim2009 on 19th of Oct 2023 at 07:17 pm

Hi, I was wondering if the ES QE BTS system has closed yet after being stopped out. I usually follow the systems to the letter, and they have been nicely profitable this month! However this one started showing  a small loss today. This is a line I'd rather not cross, after having seen a gain of $7,700 on paper at one point for this system. Thanks.

Hi Matt, could we have

Posted by sim2009 on 14th of Jun 2023 at 12:26 pm

Hi Matt, could we have an update on the  short trades on the DIA and SPY that were entered on June 5 under the VIX Bollinger Bands preliminary systems?  Thanks.

Hi James, just checking that

ES and SPY systems update.

Posted by sim2009 on 24th of Feb 2023 at 05:20 pm

Hi James, just checking that nothing happened to the ES Bear long, no exit or 2nd entry, correct? Thanks.

I didn't act on a

SPY and ES systems trade alert

Posted by sim2009 on 23rd of Jan 2023 at 07:07 pm

I didn't act on a daily KISS signal for SPX last week based on the audio for Chart 10 of the Jan. 18 newsletter. Did misunderstand that the signal didn’t happen? At this stage the SPY systems point to an eventual retracement so it seems wiser for me to wait rather than acting late on a KISS signal.

I wasn't going to follow weekly KISS signals because they are too slow to respond  in this down/sideways market.

FYI I have checked *all* my email folders and have not received this message. I've received other such emails in the past.

Incidentally, a response would be appreciated on my postings of Dec. 13 and Jan. 12: It is not possible to receive SMS alerts for SPY & ES systems without also receiving SMS alerts for trade ideas, which are disruptive to me because I am not interested in them at this time. On Dec. 13 James Roe replied that "We're pushing an update to SMS here in a few days and that should be addressed."  Any estimate of when this will be done? Thanks!

Hello, on Dec. 13 I

Posted by sim2009 on 12th of Jan 2023 at 11:24 am

Hello, on Dec. 13 I posted that it was not possible to receive Spy system alerts without also receiving alerts for trade ideas, which I am not interested in at this time. John Roe replied that "We're pushing an update to SMS here in a few days and that should be addressed."  Any estimate of when this will be done? Thanks.

Thank you for the tables

Posted by sim2009 on 13th of Dec 2022 at 07:11 pm

Thank you for the tables and charts of KISS systems for different assets that are in beta-test. They'll be a great addition to the toolbox. Here is some feedback on a different feature: the SMS alerts. The website allows me to turn on alerts for the Spy system separately from alerts for trades ideas from Matt and Steve. But in practice it is not possible to receive Spy system alerts without also receiving alerts for trade ideas, which I am not interested in at this time. I am on the west Coast and the alerts for trade ideas wake me up unnecessarily on most days. Please let me know if this can be fixed otherwise I will have to unsubscribe from alerts entirely.

Did the short system trade

Posted by sim2009 on 6th of Dec 2022 at 05:24 pm

Did the short system trade clisem


These are 1/2 of the 2nd entries

As a reminder, we continue

Posted by sim2009 on 6th of Oct 2022 at 04:21 pm

As a reminder, we continue to hold the 1/2 long positions in Bear exhaustion for SPY and ES, correct?

Yes, I have very nice net profits from trading the systems this year and I appreciate that.  Trading options in the 15-min time window can be stressful but can be very profitable.  But leverage is also available through futures.  It is on my todo list to become more familiar/comfortable with trading futures with good risk management.

Matt, two things. 1. Regarding

Posted by sim2009 on 30th of Sep 2022 at 05:07 pm

Matt, two things. 1. Regarding the signal to take a second entry in the SPY QE 3.2, you had sold 1/2 of the first entry for that strategy on 9/28 due to market conditions.  Your posting implies that you would still buy two option contracts for the 2nd entry today as you normally would, rather than half as many.  Is that correct?
2. For what it's worth, I'll share how I screwed up yesterday. I did sell half of two different option positions for SPY Bear long 1st and 2ns entries, and bought a new one for SPY Bear Exhaustion as I meant to.  But in the scramble to get this done before 4:15 pm, I lost track of the need to set stops for the remaining SPY Bear Long options. I am paying dearly for it today!  Lesson learned on my ability to set up multiple trades under time pressure.

Thank you Matt for the

Posted by sim2009 on 29th of Sep 2022 at 05:07 pm

Thank you Matt for the systems.  Agreed that it is up to us to keep track of our trades for each system separately.  I do it with a spreadsheet  that also tallies my gains/losses.  If we don't follow all the system signals, that's our individual decision but knowing if/how you'd do it is valuable information.

Hi Matt, did you decide

QE Short ES Trade and trade details

Posted by sim2009 on 13th of Sep 2022 at 06:59 pm

Hi Matt, did you decide to cover half of the QE short ES trade tonight? Thanks.

Hello, concerning the hi mid

SPY and ES systems

Posted by sim2009 on 1st of Aug 2022 at 07:03 pm

Hello, concerning the hi mid lo 1st entry on ES - is it confirmed after refreshing ES again as planned?  I need to leave home and would like to know if I can enter the trade. Thanks.

Hi Matt, on the speadsheet

Posted by sim2009 on 22nd of Jul 2022 at 02:07 pm

Hi Matt, on the speadsheet of MES trades I was wondering if you meant to buy 2 contracts for the 2nd entries taken this week, to be consistent with other 2nd entries made earlier.  It only shows 1 contract on the spreadsheet.  Thanks.

Hello Matt, thank you for

Posted by sim2009 on 15th of Jul 2022 at 06:47 pm

Hello Matt, thank you for working on extending the SPY strategy to more ETFs.  I read in a recent newsletter that you plan to extend it to TLT.  I was wondering if you would provide it for another major asset class represented by an index of commodities like DBC or DJP, if it is applicable to them.

Ditto.  I don't know if

SPY system open trade comments

Posted by sim2009 on 15th of Jun 2022 at 04:25 pm

Ditto.  I don't know if I'd have Matt's patience.  Is it because there has been a large investment in writing strategies in TradeStation's proprietary language?  But some converters to other languages seem to be available.

For the QE BTS 3.2

SPY systems trade details

Posted by sim2009 on 23rd of Feb 2022 at 04:23 pm

For the QE BTS 3.2 system 1st entry long, shouldn't it be : $10K SPY (rather than SSO), 1 (rather than 2) SPY May 20th call options with 408 strike price ?

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