Robert50 - The system will short below the 200 MA, but it has to
manage the current trade first and exit. Once the trade is
exited and if SPY is still below MA, then it will short. The
system entered the trade just above the MA, it does not stop out by
simply falling below the 200 day MA.
Please go back and watch my video from 2 days ago, I show that
if you did that you would stop out of a lot of nice trades.
here's that video from 2 days ago
Of course, the system will still take a few long trades below
the MA, just like it will do a few short trades when it is above,
again this is covered in the FAQ
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Not sure about this one by 200 day
New SPY system stop loss rules, etc
Posted by Robert50 on 11th of Aug 2011 at 05:53 am
Watched the video, but if the system is below the 200 day, you would think it would go short, not add another long....
Robert50 - The system will
Posted by matt on 11th of Aug 2011 at 06:00 am
Robert50 - The system will short below the 200 MA, but it has to manage the current trade first and exit. Once the trade is exited and if SPY is still below MA, then it will short. The system entered the trade just above the MA, it does not stop out by simply falling below the 200 day MA.
Please go back and watch my video from 2 days ago, I show that if you did that you would stop out of a lot of nice trades. here's that video from 2 days ago
http://bpt-videos.s3.amazonaws.com/SPYsystemthoughts/SPYsystemthoughts.htm
Of course, the system will still take a few long trades below the MA, just like it will do a few short trades when it is above, again this is covered in the FAQ