The community is delayed by three days for non registered users.

I know you are right

SRS EOD system no go today

Posted by tomand1969 on 25th of Mar 2009 at 06:52 pm

I know you are right Matt,  I guess the swing and EOD systems are not really meant to be watched minute by minute or emotions take over. Still on the other hand you have said be relentless about taking profits. Do you have a spreadsheet posted somewhere detailing the monthly profits/losses of both the SRS swing and EOD systems? 

SRS EOD system no go today

Posted by tomand1969 on 25th of Mar 2009 at 04:52 pm

The SRS 15 minute EOD system gave a buy at 1pm eastern time when the averages crossed at the approx 53.10 level. I immediately put in a order and got filled in the 53.30 range. There was a nice run-up to the 62.17 level.  I know Matt has stressed many times not to second guess the system, but wait until the averages cross again or sell at end of day.

  I see several people on here crowing they sold SRS close to the highs of the days, I too was sorely tempted and in the end couldn't help myself and sold at 61. I felt bad at the time as that was against what Matt has said to do, but apparently it was the right thing to do. Any thoughts?

Thanks for the link Matt, do you know what company/service offers 6 minute charts. I use TOS and they too only have 5 or 10 minute charts. Does Stockcharts offer 6 minute charts?

Newbie question about EOD systems

Posted by tomand1969 on 18th of Mar 2009 at 08:36 am

I notice yesterday someone asked Matt if he could post the crossover signals on the various EOD systems. He replied its much easier for each subscriber to set up his own charts  versus Matt constantly sending out  email alerts throughout the day. I agree although that might be a good idea for Matt to  have some sort of premum service doing just that for those willing to pay.

I agree but as a newbie I am somewhat confused about  how to exactly set it up.  I use the Think or Swim platform and it would be very helpful to me and other newbies if Matt or someone could give exact details on setting it up. 

For example lets take the EOD SRS 15 min EOD system Matt used  as a example in the update last night. This system uses a 9/39 EMA which is simple enough to understand. There are 2 sections for charts in TOS, either "Prophet" or "Charts" so which would be best for setting up the study? Also what happens when the system calls to short SRS and you can't as its "hard to borrow". Thanks for any help.

 

 

Newsletter

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