(I THOUGHT MATT SAID HIS SYSTEM ONLY HAS ABOUT 12 TO 16 TRADES
?YEAR WHAT IS GOING ON LATELY? DID SOMETHING CHANGE?)
The answer is that there is nothing out of the ordinary here
with the recent trades. Just look at the trades and statistics,
this should be obvious.
Guys all that I ask is that you take the time to look at the
trades, the statistics and use your mind vs emotion etc so that you
know what kind of trades the system does, I provide everything for
you to do this. For example some of members have taken the
time to do spreadsheets comparing trades etc, and as a result these
members understand how the system trades. Therefore while you
don't need to take the time to actually create whole spreadsheets,
I suggest that you at least take the time to look at the trades and
the stats so that you have a better understanding of the system.
Also I know that it's hard, but try to be like a robot and keep
emotion at bay because emotion and successful trading do not mix
well.
For example, regarding the question above; the system has done 5
trades this year if you include new trades, and 6 if you include
the trade that was exited in Feb (which was established in Dec so
really it's only a 1/2 trade because it wasn't entered this
year). It's almost June now, so 5 - 6 trades this year is
normal, and in fact it may be a bit below normal because the
average is about 17 trades per year. Also the last 2 trades
(which includes this one) have been shorter trades lasting about 2
weeks for the last one and about a week for this latest one, those
are within averages as well. In fact most of the trades are
shorter term trades like this these vs the mega trades that are
held for 2 - 3 months (those trades are not the norm, what is the
norm are these shorter time frame trades that generate 1 - 3% for
SPY. The system will go through times when it does 2 trades a
month, other times it does one trade a month, and sometimes it will
go a whole month without a trade. Some trades are held for as
little as 3 days, while some are held as long as 2 - 3
months. So when reviewing the trade history is there anything
out of the norm by these 2 trades in May? not even close.
yes of course, I don't mind what you guys post, this is why I
have this section, in order to provide you guys an outlet for
questions, feedback, and interaction with each other :)
Posted by burkmere on 30th of May 2011 at 09:17 pm
I'm not able to find futures quotes. Can anyone help me out? I
usually just use CNN pre-market quotes but nothing there. Ok,, I'm
a little amateurish with future quotes. ;)
Lamb - in regards to
Sold my MDY that I bought on system signal. A ...
Posted by matt on 28th of May 2011 at 06:17 pm
Lamb - in regards to your question below
(I THOUGHT MATT SAID HIS SYSTEM ONLY HAS ABOUT 12 TO 16 TRADES ?YEAR WHAT IS GOING ON LATELY? DID SOMETHING CHANGE?)
The answer is that there is nothing out of the ordinary here with the recent trades. Just look at the trades and statistics, this should be obvious.
Guys all that I ask is that you take the time to look at the trades, the statistics and use your mind vs emotion etc so that you know what kind of trades the system does, I provide everything for you to do this. For example some of members have taken the time to do spreadsheets comparing trades etc, and as a result these members understand how the system trades. Therefore while you don't need to take the time to actually create whole spreadsheets, I suggest that you at least take the time to look at the trades and the stats so that you have a better understanding of the system. Also I know that it's hard, but try to be like a robot and keep emotion at bay because emotion and successful trading do not mix well.
For example, regarding the question above; the system has done 5 trades this year if you include new trades, and 6 if you include the trade that was exited in Feb (which was established in Dec so really it's only a 1/2 trade because it wasn't entered this year). It's almost June now, so 5 - 6 trades this year is normal, and in fact it may be a bit below normal because the average is about 17 trades per year. Also the last 2 trades (which includes this one) have been shorter trades lasting about 2 weeks for the last one and about a week for this latest one, those are within averages as well. In fact most of the trades are shorter term trades like this these vs the mega trades that are held for 2 - 3 months (those trades are not the norm, what is the norm are these shorter time frame trades that generate 1 - 3% for SPY. The system will go through times when it does 2 trades a month, other times it does one trade a month, and sometimes it will go a whole month without a trade. Some trades are held for as little as 3 days, while some are held as long as 2 - 3 months. So when reviewing the trade history is there anything out of the norm by these 2 trades in May? not even close.
yes of course, I don't
Posted by matt on 28th of May 2011 at 06:28 pm
yes of course, I don't mind what you guys post, this is why I have this section, in order to provide you guys an outlet for questions, feedback, and interaction with each other :)
Thank you
Posted by cwa82675 on 30th of May 2011 at 08:45 pm
Great trade almost in the bag, was happy to login to ib this evening to see the futures jammed up. Great trade Matt!
Hopefully these futures can hold
Posted by cw12 on 31st of May 2011 at 04:17 am
Hopefully these futures can hold up. ES at 1343 now.
Futures!
Posted by burkmere on 30th of May 2011 at 09:17 pm
I'm not able to find futures quotes. Can anyone help me out? I usually just use CNN pre-market quotes but nothing there. Ok,, I'm a little amateurish with future quotes. ;)
Rod, check out ino. 15
Posted by cw12 on 30th of May 2011 at 10:00 pm
Rod, check out ino. 15 minute delayed.
burkmere -- many places I'm
Posted by Michael on 30th of May 2011 at 09:36 pm
burkmere -- many places I'm sure, but for one, google "bloomberg futures prices" and go to the link.
Is this link any help?
Posted by biketastic on 31st of May 2011 at 08:43 am
Is this link any help? Steve posted it a while ago:
http://www.futurespros.com/futures-indexes/
Bloomberg app is good; then they're always on your phone...
Posted by lessarda on 30th of May 2011 at 11:59 pm
yes, I use that bloomberg
Posted by Michael on 31st of May 2011 at 07:44 am
yes, I use that bloomberg app -- very easy easy to check futures, the indexes and a stock list when you're out. works great.
Thanks, Michael..
Posted by burkmere on 30th of May 2011 at 09:41 pm
I did find that one a bit ago. Thanks for your help.