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 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 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 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 those that exited but then went back long immediately after; Matt can confirm

it went long on Aug 6 but there's a new STS level today

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 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, 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 system will react to today's move

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 just started trading today

that would be great if possible, I second that, even a Google sheet link would be nice   

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!