8/4/2011: Multi Entry System 4th Long Entry Notification
If SPY closes at or below a price of
$124.93, the SPY swing system will add a 4th
entry of 20% to its current 80% stake for a total position size of
100%.
Posted by philosoraptor on 4th of Aug 2011 at 11:58 am
No stops, largest (intra-trade) drawdown for the system has been
c. 10% - however this trade did turn into a very nice winner
ultimately. Patience grasshopper.....
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Spy Swing System Alert
Posted by tom on 3rd of Aug 2011 at 12:39 pm
8/4/2011 : Multi Entry System 4th Long Entry Notification
If SPY closes at or below a price of $124.93, the SPY swing system will add a 4th entry of 20% to its current 80% stake for a total position size of 100%.
As always please decide what is best for you.
dipping my toe here
Posted by dylan398 on 4th of Aug 2011 at 04:04 pm
market closed near the LOD...i guess we got a good price.
but IMHO usually after a sell off like this we will see lower, before any sustained rally
Alert for 8/4/11 ??
Posted by rnix on 4th of Aug 2011 at 02:14 pm
Just want to make sure if 4th buy alert today -- Update says 8/4/11 but it's at $124.93 (same price as yesterday) and no text message today so far.
Yes, I got a text and email message..
Posted by burkmere on 4th of Aug 2011 at 02:31 pm
And it's the same level as yesterday, so the 4th entry is on at the level posted above.
stops
Posted by binthere on 4th of Aug 2011 at 11:56 am
hi guys, are there ant stops in place in the system, at what levels?
No stops, largest (intra-trade) drawdown
Posted by philosoraptor on 4th of Aug 2011 at 11:58 am
No stops, largest (intra-trade) drawdown for the system has been c. 10% - however this trade did turn into a very nice winner ultimately. Patience grasshopper.....