I Agree - Please Give Matt Some Space

    Posted by dougmil on 6th of May 2011 at 04:54 pm

    SPY members are asking a lot of questions directly to Matt that they can figure out for themselves or discuss with other members on the blog. Many of the questions Matt has already answered in FAQ and other places so please read through it completely and study the historical charts and do your own research before asking Matt. The charts show there will be many volatile days like today - and worse - and many days when it will seem like we are on the wrong side of a trade. It's the nature of trading. The backtesting should be confidence enough to stick to the system as designed. The system is pretty simple and clear as to how to know when a signal is issued and what to do about it. We all just have to get used to the communication of signals, which we are doing. It's only day 1.

    The instruments and account management details are up to each individual to manage according to his own situation.

     

    I realize right now the maximum number of new SPY members are getting used to something new and this will sort out, but realize Matt is about to have his first child and has other responsibilities as well so I hate to see him badgered un-necessarily upon launch of such a great system that he has been working hard on for a long time.

    We're going to need Matt fresh in the future.....  :<)

    Yes...

    Posted by burkmere on 6th of May 2011 at 05:01 pm

    I couldn't agree more. The risk to us is that he become so stressed out that he decides not to offer the system to us anymore. This would be very, very unfortunate for us and for him as he's spent a lot of time developing this.

    The bottom line is that the system has been unbelievably successful if you just follow the single or multi-entry trades when it gives a signal. Everything else is just noise really.  Do we really want to risk stressing poor Matt out when he's about to have a baby and when we know this system has been profitable in 90% of single entry trades and 96.5% of multi-entry trades (259 trades) since 1995?

    I think we know the answer!!  Laughing

     

Newsletter

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