hamvestor - remember you can look at the overview tabs on in
that section, each one describes systems providing some details
such as stops etc - here's a link to the this for the SPY Pro, but
realize that there is an overview tab for EACH system, SPY Ver 2,
RSI 2, DVY etc
I thought the stop loss was around 10% or so but I could be
wrong. So the S&P would have to fall to around 1630-1650 range
before the position gets stopped out
Before it gets there though, there are certain market conditions
which could make the system stop out but 10% is the inbuilt stop I
guess that you should put on when placing any trades
Will let Matt confirm the exacts though as i could be completely
off the mark!
SPY Pro System
Posted by hamvestor on 31st of Jan 2014 at 08:01 am
If there any level LOW enough on the SPY that would cause an exit from the current long trade?
hamvestor - remember you can
Posted by matt on 31st of Jan 2014 at 09:47 am
hamvestor - remember you can look at the overview tabs on in that section, each one describes systems providing some details such as stops etc - here's a link to the this for the SPY Pro, but realize that there is an overview tab for EACH system, SPY Ver 2, RSI 2, DVY etc
http://breakpointtrades.com/basket/system_overview.php?s=1_SPY_Pro_System
Matt has SPYPro closed out for loss on this one?
Posted by torvix on 31st of Jan 2014 at 10:15 am
Thanks Matt. Shoulda thought of
Posted by hamvestor on 31st of Jan 2014 at 09:53 am
Thanks Matt. Shoulda thought of that!
I thought the stop loss
Posted by vimal on 31st of Jan 2014 at 08:37 am
I thought the stop loss was around 10% or so but I could be wrong. So the S&P would have to fall to around 1630-1650 range before the position gets stopped out
Before it gets there though, there are certain market conditions which could make the system stop out but 10% is the inbuilt stop I guess that you should put on when placing any trades
Will let Matt confirm the exacts though as i could be completely off the mark!
Thanks vimal.
Posted by hamvestor on 31st of Jan 2014 at 09:09 am
Thanks vimal.