Hello everyone, I updated the trades and statistics on the
website to reflect the SPY Pro and Ver 2 systems closing out there
trades, I had some appointments this morning and so I couldn't do
it right after the open. also here's two charts of the SPY
Pro and Ver 2 systems and statistics summary pages.
a pullback in the uptrend - these are reversion to mean systems,
not trend following systems. The BPT MA Deluxe is trend following,
the SPY Pro, Ver 2, and RSI 2 systems are reversion to mean
systems, they buy pullbacks in uptrends and short rallies in
downtrends - similar to a Larry Connors approach, however mine have
a LOT more filters and things to them.
However the SPY Pro can short at certain times when over long
term moving averages like the Exhaustion short I showed a couple
weeks back and some over very specific times, but these are
rare
when the systems are close to doing a trade I'll let everyone
know - and these systems are NOT close to doing anything for a
while again. Remember the SPY Pro system is in the market
most out of the systems and it's only in the market about 51% of
the time which means that it's in cash about 50% of the time.
The SPY Ver 2 system is in the market about 30% of the time
which means it's in cash 70% of the time. The SPY RSI 2
system even less, only in the market 23% of the time, which means
it's in cash over 75% of the time.
SPY systems Update
Posted by matt on 19th of Mar 2014 at 10:48 am
Hello everyone, I updated the trades and statistics on the website to reflect the SPY Pro and Ver 2 systems closing out there trades, I had some appointments this morning and so I couldn't do it right after the open. also here's two charts of the SPY Pro and Ver 2 systems and statistics summary pages.
CLICK HERE to see all the system trades
congrats to anyone who took the trades
Well I think it's safe
Posted by matt on 19th of Mar 2014 at 03:14 pm
Well I think it's safe to say, that was a good exit by the SPY systems
AMEN
Posted by mmoskau on 19th of Mar 2014 at 03:47 pm
excellent Matt.
Posted by wowten on 19th of Mar 2014 at 03:27 pm
excellent Matt.
seconds
Posted by roger on 19th of Mar 2014 at 03:32 pm
seconds
Matt... Just wondering what it might
Posted by paulie765 on 19th of Mar 2014 at 10:55 am
Matt...
Just wondering what it might take for the systems to go long again? Would it take much?
a pullback in the uptrend
Posted by matt on 19th of Mar 2014 at 10:58 am
a pullback in the uptrend - these are reversion to mean systems, not trend following systems. The BPT MA Deluxe is trend following, the SPY Pro, Ver 2, and RSI 2 systems are reversion to mean systems, they buy pullbacks in uptrends and short rallies in downtrends - similar to a Larry Connors approach, however mine have a LOT more filters and things to them.
However the SPY Pro can short at certain times when over long term moving averages like the Exhaustion short I showed a couple weeks back and some over very specific times, but these are rare
when the systems are close to doing a trade I'll let everyone know - and these systems are NOT close to doing anything for a while again. Remember the SPY Pro system is in the market most out of the systems and it's only in the market about 51% of the time which means that it's in cash about 50% of the time. The SPY Ver 2 system is in the market about 30% of the time which means it's in cash 70% of the time. The SPY RSI 2 system even less, only in the market 23% of the time, which means it's in cash over 75% of the time.
Lovin it
Posted by pjwhiteley on 19th of Mar 2014 at 01:55 pm
I just love this system. Sitting in cash is just fine until a really good setup comes along. let's keep dong this over and over!