Posted by skwan1940 on 21st of Aug 2024 at 10:59 am
The XBI 130 HP - there is something strange going on; the
current entry is as of 7/8 but on 8/19 there was another green STS
entry on the chart, and the stop has been super wide since 7/8, can
someone take a look please?
Posted by skwan1940 on 21st of Aug 2024 at 09:54 am
Matt knows that I was a member more than a decade ago. I
left for a few years because I stopped trading and then came back
last year. I can say that I have subscribed to many different
services and there is nothing like BPT in terms of its uniqueness
and the hands-on approach of Matt, who also takes us along his own
trading journey (as I have seen Matt learn and get better at what
does over the years). Putting all that aside, if one were
just to think about what benefits one were to get out of the BPT
service in the immediate future...with the advent of the HP KISS
systems, I would argue that right now is the worst time to leave
based on that alone.
Posted by skwan1940 on 13th of Aug 2024 at 10:05 am
according to the table, it doesn't look like XBI has exited,
just the STS dropped from the initial STS which I thought was
because of expansion of volatility.
Posted by skwan1940 on 11th of Aug 2024 at 09:38 am
I'm one of those here who are interested primarily in the system
trades. I rarely post. I do have my own charts that I
look at, I understand technical analysis, but I have realized over
the years that I am my own worst enemy and by following trading
systems (especially the trend), my results are much better.
While I do appreciate the community here and I end up reading
most posts at the end of the day, I don't want to be staring at a
screen for multiple hours every day. I would rather set up my
fishing rod, wait for the fish to bite, do something else, and come
back.
Posted by skwan1940 on 20th of Jun 2024 at 09:27 pm
No, it's not a get rich quick scheme. Unlike the mean
reversion systems, these High Perf KISS systems have lower avg.
winning percentages even though overall returns are Awesome.
For example, there could be 5 or more losing trades in a row
(although small drawdowns) with some of them before a bonafide
trend is established. I can see some people getting
frustrated with that but that tells me they have unrealistic
expectations about trading or they haven't been around long enough.
In the late 90s I used to intern for John Bollinger, inventor
of the Bollinger Bands, and he told me "if a trader has a batting
average of .66, that is amazing." In my own trading, I stop
out quite often with small (hopefully) losses. That is the
nature of trend-following trading (the KISS systems) versus mean
reversion trading. Also, it would be interesting to see the
stats for such things like NVDA in the future and how the High Perf
KISS adapts to a bear market w/that security and how the stats for
something like GDX could possibly improve if we are indeed in a
secular precious metals bull.
But yeah, one has to make decisions on portfolio allocation-
for example, in the High Perf KISS, there are several ways to trade
the S&P 500: 3 timeframes to trade SPY (78 min, 130 min, etc),
2 timeframes for SSO, and 3 timeframes for UPRO. The way I
would initially do it is to look at correlations between the
different available options among the High Perf KISS and construct
a lesser-correlated portfolio of securities, for example, SPY,
YINN, ERX, etc. I wouldn't trade both MSFT and QQQ together,
for example. I don't know what others use for correlation
analysis (there used to be one from Sector SPDR but they don't have
it anymore), but I use the Correlation indicator in Stockcharts.com
to look at correlations between 2 securities using different time
periods (SPY vs YINN for example below). This is what I would
initially do. But hey, if one has a giant account and don't
mind the high correlations between MSFT/QQQ, then more power to
them.
Posted by skwan1940 on 20th of Jun 2024 at 03:49 pm
For the High Perf KISS, right now all the alerts are sent out as
they trigger; it is not like the Regular KISS where one only gets
alerts for their "Favorites". But IMO it's ok because there
are only about 30 High Perf KISS security variations (different
securities & combinations of different timeframes for same
security, such as 130 SPY, 195 SPY, etc). versus hundreds of them
in the Regular KISS. There is a Favorite column in the High
Perf KISS but it doesn't appear to be functional yet so I mentioned
to Matt that it might be good to hide that for now and then for the
future to add the ability to add favorites as more high perf KISS
security variations are added. Let's not delay the system
launch any further, what do you think
? Rik
The community is delayed by three days for non registered users.
hopefully the XBI HP KISS
XBI
Posted by skwan1940 on 16th of Sep 2024 at 10:18 am
hopefully the XBI HP KISS system can go long again soon, as it recently stopped out
interesting that the weekly KISS
QQQ, Demand zone and symmetry
Posted by skwan1940 on 3rd of Sep 2024 at 01:12 pm
interesting that the weekly KISS for QQQ has also been on sell but the SPX no
The XBI 130 HP -
Posted by skwan1940 on 21st of Aug 2024 at 10:59 am
The XBI 130 HP - there is something strange going on; the current entry is as of 7/8 but on 8/19 there was another green STS entry on the chart, and the stop has been super wide since 7/8, can someone take a look please?
Matt knows that I was
Pretty quiet around here without Steve and without Digi. I ...
Posted by skwan1940 on 21st of Aug 2024 at 09:54 am
Matt knows that I was a member more than a decade ago. I left for a few years because I stopped trading and then came back last year. I can say that I have subscribed to many different services and there is nothing like BPT in terms of its uniqueness and the hands-on approach of Matt, who also takes us along his own trading journey (as I have seen Matt learn and get better at what does over the years). Putting all that aside, if one were just to think about what benefits one were to get out of the BPT service in the immediate future...with the advent of the HP KISS systems, I would argue that right now is the worst time to leave based on that alone.
that's what Twitter (X) is
Pretty quiet around here without Steve and without Digi. I ...
Posted by skwan1940 on 20th of Aug 2024 at 01:39 pm
that's what Twitter (X) is for, lol
YINN 78 high perf; got
Posted by skwan1940 on 15th of Aug 2024 at 11:04 am
YINN 78 high perf; got an alert saying it went flat but the table says it just went long. James can you look when you have a chance thanks
it looks like one of
In the KISS systems what are the circumstances that cause ...
Posted by skwan1940 on 13th of Aug 2024 at 10:35 am
it looks like one of those that exited but then went back long immediately after; Matt can confirm
it went long on Aug
In the KISS systems what are the circumstances that cause ...
Posted by skwan1940 on 13th of Aug 2024 at 10:22 am
it went long on Aug 6 but there's a new STS level today
according to the table, it
In the KISS systems what are the circumstances that cause ...
Posted by skwan1940 on 13th of Aug 2024 at 10:05 am
according to the table, it doesn't look like XBI has exited, just the STS dropped from the initial STS which I thought was because of expansion of volatility.
I'm one of those here
KISS systems - looks like a lot of the indexes went back long, SPY, QQQ etc
Posted by skwan1940 on 11th of Aug 2024 at 09:38 am
I'm one of those here who are interested primarily in the system trades. I rarely post. I do have my own charts that I look at, I understand technical analysis, but I have realized over the years that I am my own worst enemy and by following trading systems (especially the trend), my results are much better. While I do appreciate the community here and I end up reading most posts at the end of the day, I don't want to be staring at a screen for multiple hours every day. I would rather set up my fishing rod, wait for the fish to bite, do something else, and come back.
No, it's not a get
High Performance KISS systems update
Posted by skwan1940 on 20th of Jun 2024 at 09:27 pm
No, it's not a get rich quick scheme. Unlike the mean reversion systems, these High Perf KISS systems have lower avg. winning percentages even though overall returns are Awesome. For example, there could be 5 or more losing trades in a row (although small drawdowns) with some of them before a bonafide trend is established. I can see some people getting frustrated with that but that tells me they have unrealistic expectations about trading or they haven't been around long enough. In the late 90s I used to intern for John Bollinger, inventor of the Bollinger Bands, and he told me "if a trader has a batting average of .66, that is amazing." In my own trading, I stop out quite often with small (hopefully) losses. That is the nature of trend-following trading (the KISS systems) versus mean reversion trading. Also, it would be interesting to see the stats for such things like NVDA in the future and how the High Perf KISS adapts to a bear market w/that security and how the stats for something like GDX could possibly improve if we are indeed in a secular precious metals bull.
But yeah, one has to make decisions on portfolio allocation- for example, in the High Perf KISS, there are several ways to trade the S&P 500: 3 timeframes to trade SPY (78 min, 130 min, etc), 2 timeframes for SSO, and 3 timeframes for UPRO. The way I would initially do it is to look at correlations between the different available options among the High Perf KISS and construct a lesser-correlated portfolio of securities, for example, SPY, YINN, ERX, etc. I wouldn't trade both MSFT and QQQ together, for example. I don't know what others use for correlation analysis (there used to be one from Sector SPDR but they don't have it anymore), but I use the Correlation indicator in Stockcharts.com to look at correlations between 2 securities using different time periods (SPY vs YINN for example below). This is what I would initially do. But hey, if one has a giant account and don't mind the high correlations between MSFT/QQQ, then more power to them.
For the High Perf KISS,
High Performance KISS systems update
Posted by skwan1940 on 20th of Jun 2024 at 03:49 pm
For the High Perf KISS, right now all the alerts are sent out as they trigger; it is not like the Regular KISS where one only gets alerts for their "Favorites". But IMO it's ok because there are only about 30 High Perf KISS security variations (different securities & combinations of different timeframes for same security, such as 130 SPY, 195 SPY, etc). versus hundreds of them in the Regular KISS. There is a Favorite column in the High Perf KISS but it doesn't appear to be functional yet so I mentioned to Matt that it might be good to hide that for now and then for the future to add the ability to add favorites as more high perf KISS security variations are added. Let's not delay the system launch any further, what do you think ? Rik
Can you let us know
XBI KISS went back long
Posted by skwan1940 on 5th of Jun 2024 at 04:50 pm
Can you let us know when the XBI closes out, Matt? If it closes out before the high perf KISS launches? Thanks
This is a very helpful
Market Scenarios
Posted by skwan1940 on 2nd of Jun 2024 at 05:03 pm
This is a very helpful depiction and it helps me understand quickly what you are thinking currently, thanks Matt
this is a fantastic chart
SPX earnings PE chart
Posted by skwan1940 on 2nd of Jun 2024 at 02:36 pm
this is a fantastic chart
I wonder how the $BPGDM
GDX KISS should be a new STS today
Posted by skwan1940 on 17th of May 2024 at 11:01 am
I wonder how the $BPGDM system will react to today's move
https://breakpointtrades.com/blog/post/426536/ it was around April 10
Can anyone remember the day Steve, put and explanation, in ...
Posted by skwan1940 on 6th of May 2024 at 10:44 am
https://breakpointtrades.com/blog/post/426536/
it was around April 10 based on this comment
if the SVXY leads the
Weekend Newsletter and Youtube Video, Sunday May 5th, 2024
Posted by skwan1940 on 5th of May 2024 at 10:34 pm
if the SVXY leads the $SPX but it doesn't have a KISS buy signal while the $SPX does, is that a non-confirmation?
breakpointtrades.com/ts/view_chart.php?s=SVXY&g=ETF_basket
3 Hong Kong bitcoin ETFs
Crypto - people digested the QRA announcement today and seemed ...
Posted by skwan1940 on 29th of Apr 2024 at 11:28 pm
3 Hong Kong bitcoin ETFs just started trading today
that would be great if
Hello Matt, any idea when the high performance will be ...
Posted by skwan1940 on 16th of Apr 2024 at 10:48 am
that would be great if possible, I second that, even a Google sheet link would be nice