Yes the system gives wide stops at first, however these quickly
move up and we also adjust these and many times move them up
ourselves against the system. Sometimes we are wrong and move
the stop too tight, but we think it's best to monitor the systems
trades look at a charts and see if they make sense. Are the
profit targets reasonable or not, we may move them down if we don't
feel they can be hit. Are the stops logical. Also many
times we won't take a system trade, for example if a stock was up
too many days in a row and the system wants to buy, we won't take
it.
Yes you can trade options of course - we'll leave that up to you
for those who are proficient in options.
Yes this could be done through Ditto Trade, however we don't
have any plans for that at first, however if the interest is high
enough we will add it.
Matt, I think this service would be perfect for Ditto Trade
considering the number of securities involved and the # of moving
parts, more so than the SPY system in my opinion.
What's a profit/loss ratio for the system based upon which
trades are to be run? Are trades going to be based on the BTP MA
Deluxe or another indicator?
Yes the system gives wide
Example of the New Service Trades formate
Posted by matt on 8th of Jun 2014 at 01:44 pm
Yes the system gives wide stops at first, however these quickly move up and we also adjust these and many times move them up ourselves against the system. Sometimes we are wrong and move the stop too tight, but we think it's best to monitor the systems trades look at a charts and see if they make sense. Are the profit targets reasonable or not, we may move them down if we don't feel they can be hit. Are the stops logical. Also many times we won't take a system trade, for example if a stock was up too many days in a row and the system wants to buy, we won't take it.
Yes you can trade options of course - we'll leave that up to you for those who are proficient in options.
Yes this could be done through Ditto Trade, however we don't have any plans for that at first, however if the interest is high enough we will add it.
Matt, I think this service
Posted by rikkwan on 8th of Jun 2014 at 06:12 pm
Matt, I think this service would be perfect for Ditto Trade considering the number of securities involved and the # of moving parts, more so than the SPY system in my opinion.
Yes - we've thought of
Posted by matt on 9th of Jun 2014 at 12:39 am
Yes - we've thought of that and may bring that down the road sometime after the launch
What's a profit/loss ratio for
Posted by junkie on 8th of Jun 2014 at 02:06 pm
What's a profit/loss ratio for the system based upon which trades are to be run? Are trades going to be based on the BTP MA Deluxe or another indicator?
I'd like to know this
Posted by jsliedre on 1st of Jul 2014 at 03:44 pm
I'd like to know this as well