Posted by atlantis on 14th of Aug 2011 at 09:23 pm
Hi Matt,
Just listened to the RSI improved system. Thanks for all your
work ! I have no doubt it will make a great system even better in
the future.
I am still not clear on the ATR Trailing stop. I understand this
stop is calculated regularly and will move over time as we are in
the trade. Will this new stop be posted on the GDX Swing System
page say at the end of every day or you will alert us when the
trailing stop reached the current GDX price.
I'm curious to know how we will know when we should adjust our
stop as trade days pass by.
Atlantis thanks for the feedback on the GDX system
regarding the ATR trailing stop, it's a custom indicator on my
Tradestation platform and thus when it's hit in the future, I let
you guys know via an email.
at this time I don't have an easy way to tell you where it is
intra day, in fact the way the stop works is that the trade is
closed at the end of day (not intra day), therefore you don't need
to have a GTC limit order in place, an email from me will be
sufficient.
Thanks for the update to the mechanical system. I'm
curious, generally, as to your thoughts on the correlation of the
price of gold and the price of GDX and how that may influence the
system. Have those instances where the system had a losing
trade been against the backdrop of a falling gold price?
Thanks!
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GDX Swing Trade
Mechanical System Improvements
Posted by matt on 14th of Aug 2011 at 08:52 pm
Mechanical System Improvements
GDX Swing Trade <p>Mechanical System Improvements
Changes have also been made to the GDX Swing System section
Hi Matt, Just listened to the
Posted by atlantis on 14th of Aug 2011 at 09:23 pm
Hi Matt,
Just listened to the RSI improved system. Thanks for all your work ! I have no doubt it will make a great system even better in the future.
I am still not clear on the ATR Trailing stop. I understand this stop is calculated regularly and will move over time as we are in the trade. Will this new stop be posted on the GDX Swing System page say at the end of every day or you will alert us when the trailing stop reached the current GDX price.
I'm curious to know how we will know when we should adjust our stop as trade days pass by.
Thanks !
Atlantis
Atlantis thanks for the feedback
Posted by matt on 15th of Aug 2011 at 02:13 am
Atlantis thanks for the feedback on the GDX system
regarding the ATR trailing stop, it's a custom indicator on my Tradestation platform and thus when it's hit in the future, I let you guys know via an email.
at this time I don't have an easy way to tell you where it is intra day, in fact the way the stop works is that the trade is closed at the end of day (not intra day), therefore you don't need to have a GTC limit order in place, an email from me will be sufficient.
Matt - Thanks for the update
Posted by tahoepg on 15th of Aug 2011 at 10:28 am
Matt -
Thanks for the update to the mechanical system. I'm curious, generally, as to your thoughts on the correlation of the price of gold and the price of GDX and how that may influence the system. Have those instances where the system had a losing trade been against the backdrop of a falling gold price?
Thanks!