8/2/2011: Multi Entry System 3rd Long Entry Notification
If SPY closes at or below a price of
$128.75, the SPY swing system will add a 3rd
entry of 20% to its current 60% stake for a total position size of
80%. FYI, This is the same as yesterday's signal price and if
this should change before the close we will send another alert.
ditch, don't judge by a couple trades, go look at the past
charts history, most of the trades are 1 or 2 entries, with very
few 3 and 4 entries so while the system is definitely way early
this time, that's not be the norm.
though one stat is that 60% of the time, you can get a better
entry then the first trade within 2 days
Spy Swing System Alert
Posted by tom on 2nd of Aug 2011 at 11:52 am
8/2/2011 : Multi Entry System 3rd Long Entry Notification
If SPY closes at or below a price of $128.75, the SPY swing system will add a 3rd entry of 20% to its current 60% stake for a total position size of 80%. FYI, This is the same as yesterday's signal price and if this should change before the close we will send another alert.
As always please decide what is best for you.
Tom, As the close approaches,
Posted by oreo on 2nd of Aug 2011 at 03:39 pm
Tom, As the close approaches, are there any changes to the level based on the lower prices?
Thank
Seems to me the system
Posted by ditch on 2nd of Aug 2011 at 03:34 pm
Seems to me the system is more often early than not.......
Any statistics about this?
just landed, wow huge down
Posted by matt on 2nd of Aug 2011 at 03:39 pm
just landed, wow huge down day
ditch, don't judge by a couple trades, go look at the past charts history, most of the trades are 1 or 2 entries, with very few 3 and 4 entries so while the system is definitely way early this time, that's not be the norm.
though one stat is that 60% of the time, you can get a better entry then the first trade within 2 days
this trade is earlier then most of course
Thanks Matt, I'll keep that
Posted by ditch on 2nd of Aug 2011 at 03:55 pm
Thanks Matt, I'll keep that in mind in the future and have good time while you are away.
Tom -- better get the
Posted by bkout3 on 2nd of Aug 2011 at 03:33 pm
Tom -- better get the Nail-Biter-Machine going!