seriously??? you don't really believe its a fully
mechanical system? With a 16-year tradestation performance
report? In the back of your mind you think that there's a
possibility matt went back and painstakingly manipulated 16 years
of data to fool everyone to get your $60/month. LOL.
LOL. LOL.
matt is replying to posts from his wife's hospital room, you've
got Tom and Steve who are here every day, Tom is totally up on the
system. And its an automated system.
There was one day when Matt could see early that if the SPY
closed above 135.50, or whatever it was, the system would close the
trade. Its a dynamic system. That day is long
gone. This was already asked and ansered by Matt right here
on this blog, writing from the hospital...
At least read matt's posts, if you're so concerned about him
abandoning ship.
Posted by goap1207 on 12th of May 2011 at 02:27 am
I agree with recent comments from Michael, Pebs, etc. Some
of the comments are ridiculous, nonsensical, and counter
productive. Please let Matt, Steve, and the Sytem do the
work.......There has been one trade...PLEASE be patient.
Please read Matt's comments and the info in the Q and A section on
the System. It is very thorough. Please stop asking
when we get in and out. The System will tell us. I am
not telling anyone what to do, but simply stating that more
appropriate comments will make for a better trading
experience.
Posted by jaycrockett on 11th of May 2011 at 07:13 pm
Thank you, Michael. I was so upset when I read the xxniles
post that I couldn't calm myself enough to respond. I only
wish I could erase it before Matt sees it. Obviously some BPT
members signed on without any idea what a trading system is.
I surely don't want them to ruin it for us all. We could not
replace it!!
Most PM or buy side traders use
short term trading models or systematic high frequency strategies.
Matt has given you
the tools - let the system do the work.
Posting should be for
generating constructive ideas.
Everything else
is just noise.
Ours is not to reason why,
Ours is but to obey the sell and buy (signals).
Into the land of Prosperity
Ride the five hundred.
(with apologies to Tennyson)
xxniles
System Psychology, etc
Posted by Michael on 11th of May 2011 at 04:44 pm
seriously??? you don't really believe its a fully mechanical system? With a 16-year tradestation performance report? In the back of your mind you think that there's a possibility matt went back and painstakingly manipulated 16 years of data to fool everyone to get your $60/month. LOL. LOL. LOL.
matt is replying to posts from his wife's hospital room, you've got Tom and Steve who are here every day, Tom is totally up on the system. And its an automated system.
There was one day when Matt could see early that if the SPY closed above 135.50, or whatever it was, the system would close the trade. Its a dynamic system. That day is long gone. This was already asked and ansered by Matt right here on this blog, writing from the hospital...
At least read matt's posts, if you're so concerned about him abandoning ship.
I would be embarrassed for posting this nonsense.
Please go back and do your homework on the system!
Posted by goap1207 on 12th of May 2011 at 02:27 am
I agree with recent comments from Michael, Pebs, etc. Some of the comments are ridiculous, nonsensical, and counter productive. Please let Matt, Steve, and the Sytem do the work.......There has been one trade...PLEASE be patient. Please read Matt's comments and the info in the Q and A section on the System. It is very thorough. Please stop asking when we get in and out. The System will tell us. I am not telling anyone what to do, but simply stating that more appropriate comments will make for a better trading experience.
Thank you, Michael. I was
Posted by jaycrockett on 11th of May 2011 at 07:13 pm
Thank you, Michael. I was so upset when I read the xxniles post that I couldn't calm myself enough to respond. I only wish I could erase it before Matt sees it. Obviously some BPT members signed on without any idea what a trading system is. I surely don't want them to ruin it for us all. We could not replace it!!
Well said Michael
Posted by ascr on 11th of May 2011 at 04:52 pm
Well said Michael
Thanks Michael... Most PM or buy side
Posted by mp11 on 11th of May 2011 at 07:56 pm
Thanks Michael...
Most PM or buy side traders use short term trading models or systematic high frequency strategies. Matt has given you the tools - let the system do the work. Posting should be for generating constructive ideas. Everything else is just noise.
Ours is not to reason
Posted by yojimbo on 11th of May 2011 at 05:20 pm
Ours is not to reason why,
Ours is but to obey the sell and buy (signals).
Into the land of Prosperity
Ride the five hundred.
(with apologies to Tennyson)
giddyup!
Hard to get past the fact that the '500' were riding to their certain deaths...
Posted by lessarda on 12th of May 2011 at 10:30 am
maybe you could pull something from Dante's Paradiso?
Perhaps the most erudite post (for this bunch) evah!
Posted by cubby on 11th of May 2011 at 05:59 pm
Thank you for reminding me of the beauty that transcends mere mathematical score keeping.
Winning is good, yes. But you lost a hundred of those heroes; there were 600!
Great post
cubby - only 500 of
Posted by yojimbo on 11th of May 2011 at 06:08 pm
cubby - only 500 of them subscribed to the SPY swing system. ;)
Doh! ~ I forgot the 'limit.' My bad.
Posted by cubby on 11th of May 2011 at 06:19 pm
You are right! I forgot the limit!
I like it...
Posted by burkmere on 11th of May 2011 at 05:20 pm
"Just do it."
The system is not a lottery ticket
Posted by rikkwan on 11th of May 2011 at 08:29 pm
Believe it or not, successful trading/investing still takes time, patience, and discipline