I think matt has the right idea to make several "form" messages
to convey what trade is pending. Two trades, two
messages.
If SPY is at or below xxxx, both systems go long.
If SPY is at or below xxxx Multi-entry scale in #2.
Close long positions at the open tomorrow.
Close short positions at the close today.
That's all the information we need. Everything else is
over-thinking. And I think the absolute easiest most
straightforward thing would be to put these messages as stickies at
the top of this blog. In the business of the trading day, why
have to click to go to the SPY systems section just to find out if
a trade is pending. Its closer and easier to look right
here on this blog. THEN, once a trade is executed, it can be
listed under the Current Trade tab for the system, in a table or
whatever.
simple [one line?] form messages stuck at the top of this
page.
keeping it simple is the way to go! problem is, we all
want to over think it.... that ought to calm down a bit once we
have a few trades under our collective belt!
As for Refresh button, the (Recent) tab next to SPY System
{under the topics on the left hand side} already refreshes just
fine!!
Posted by burkmere on 17th of May 2011 at 05:17 pm
I agree with the "one sticky at the top" approach. The confusion
yesterday was from the use of the word "otherwise" which could be
construed two ways, etc. Confusion also resulted from the very
unusual occurence of having a multi-entry buy (yesterday) and a
"sell everything" the next day (today). That only happens
infrequently, so it was unfortunate that it happenned during the
second trade in the SPY SYSTEM.
He could post as a sticky and also in the current trade section,
if he wants. But let's keep the sticky...
Let's make it simple. I mean, we get an sms and/or email
as a warning, also...then we check the site and check out the
sticky. If he wants to post something under the "current trade" as
well as the sticky, that's fine...but I vote for MR. STICKY!
I agree with the sticky (better than my Current Trade
idea--thanks, Michael). And I think that Matt is right that
there should be standardized language to indicate what action is to
be taken. That would be easier on Matt and less likely to
confuse new subscribers. Of course, if novel situations
arise, then Matt will do his best to explain them, but such events
should be rare.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
my thoughts about announcing pending
Posted by Michael on 17th of May 2011 at 05:01 pm
my thoughts about announcing pending trades --
I think matt has the right idea to make several "form" messages to convey what trade is pending. Two trades, two messages.
If SPY is at or below xxxx, both systems go long.
If SPY is at or below xxxx Multi-entry scale in #2.
Close long positions at the open tomorrow.
Close short positions at the close today.
That's all the information we need. Everything else is over-thinking. And I think the absolute easiest most straightforward thing would be to put these messages as stickies at the top of this blog. In the business of the trading day, why have to click to go to the SPY systems section just to find out if a trade is pending. Its closer and easier to look right here on this blog. THEN, once a trade is executed, it can be listed under the Current Trade tab for the system, in a table or whatever.
michael hit it spot on
Posted by perthx on 17th of May 2011 at 11:11 pm
simple [one line?] form messages stuck at the top of this page.
keeping it simple is the way to go! problem is, we all want to over think it.... that ought to calm down a bit once we have a few trades under our collective belt!
As for Refresh button, the (Recent) tab next to SPY System {under the topics on the left hand side} already refreshes just fine!!
Another yes vote here for
Posted by bluebird on 17th of May 2011 at 06:04 pm
Another yes vote here for the sticky at the top of this page.
I agree...
Posted by burkmere on 17th of May 2011 at 05:17 pm
I agree with the "one sticky at the top" approach. The confusion yesterday was from the use of the word "otherwise" which could be construed two ways, etc. Confusion also resulted from the very unusual occurence of having a multi-entry buy (yesterday) and a "sell everything" the next day (today). That only happens infrequently, so it was unfortunate that it happenned during the second trade in the SPY SYSTEM.
He could post as a sticky and also in the current trade section, if he wants. But let's keep the sticky...
Let's make it simple. I mean, we get an sms and/or email as a warning, also...then we check the site and check out the sticky. If he wants to post something under the "current trade" as well as the sticky, that's fine...but I vote for MR. STICKY!
I agree with the sticky
Posted by algyros on 17th of May 2011 at 05:26 pm
I agree with the sticky (better than my Current Trade idea--thanks, Michael). And I think that Matt is right that there should be standardized language to indicate what action is to be taken. That would be easier on Matt and less likely to confuse new subscribers. Of course, if novel situations arise, then Matt will do his best to explain them, but such events should be rare.