If the last trade was a loser, we may have seen a different climate of disscussion in this blog. However, subs now realize how much money they can make with a few nice trades. The last trade was an 8% gain for me using a double long canadian etf. With 100% compounding and a little margin here and there,  the future looks bright for that account.

close enough for me!!! thank you!!!!

I think we're on to something here.

My daughter had the same thing when she was born. Spent 10 weeks in a splint. Not fun but, she now has three boys that I like to refer to as my personal football team.

Keep lookin up....

LOL!

ROFLMAO!!!

Way to go Mike!

freaky!

Drawdowns are a normal part of market activity. In investing they are called losses because they aren't expected. In trading they are called drawdowns because, although unpleasant we expect a drawdown at some point. The depth and duration are what can be demoralizing if you are not emotionally prepared. The best way to prepare is to "sell down to the sleeping point". Don't bet too much! Smart hedge fund investors add to there positions when the fund manager is experiencing a drawdown. So, not only should you notsell out of a system during a drawdown but, you should consider increasing your stake.

Matt has seen worse than this. Ask him about the old SRS 15 minute system that made so much money in 2008.  He babysat customers for what seemed like weeks. This new SPY system is so much more versatile and the premise of "return to the mean" trading is not common. Most other systmes are momentum systems and when you get a drawdown you know it!

Think about how much time Breakpoint has put into launching this system. Then think about how much money they made from our memberships.(every 6 months) Who's kidding who?  Take your time to settle in. Think ahead and make provisions for an end of the trade or morning trade. Hey our first trade is positive isn't it? As far as ease of use, this relieves me of all that reading and research. It allows me to enjoy other parts of my life. And, who can argue with 9 to 1 odds.

I believe we are a fortunate few!

I bought!

Hey Matt

Cal Steven... good to be back!

I have a suggestion for the "SPY" system. Any chance you could just go ahead and set your signal at a predetermined time of day? It may depend on how many clients don't have after hours access(like me). I realize it may infringe on the system's great statistics.

How about 3:45pm EST. It would be systematic and we could avoid the chaos in the last minutes of the session.

That's funny

I'd rather not be around when that happens.

Hello, from London, Ontario.