On the current SPY Pro long position, if SPY can close over
205.85 today, it will close the position tomorrow morning on the
open. SPY needs to close above the 8 day SMA to receive an
exit signal on the current position today.
The SPY PRO System just keeps getting better, Matt. Thanks
for all of your hard work. I can see what you must have gone
through to put this together. It is logical, evidence based,
thoroughly back tested and appears to hold up in real time.
This could be a God send for someone like me who can not keep
a close eye h the market all day long, due to work restrictions,
and prefers a swing system like this. Heartfelt thanks.
I'm in!
Regarding the SPY system the way I'm leaving right now is to
have the 2 scale in version, and use SPY for the 1st entry and SSO
and SDS the 2X leveraged ETF's for the 2nd entry. This should
increase performance quite a bit while also reducing draw down over
a single entry version.
We are currently working on a really awesome section for the SPY
with a lot of performance reports and very detailed statistics.
You guys are really going to like this new section! We
are going to delete what's in the Mechanical systems now and
replace it with this whole new format.
Posted by frtaylor on 29th of Jun 2016 at 05:48 pm
here's a couple sample pages from the new section showing yearly
gains, and trade lists etc. Please realize this is not
formatted, that will change, and still some bugs, but gives you an
idea. you will also be able to look at the stats of the
individual sub systems
Note I added the SPY Post as a sticky at the top. I will
confirm later in the day if it is going to exit, it's still early,
but wanted to give you guys an early FYI, and you can monitor the 8
SMA today on your own
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SPY Pro system trade information
Posted by matt on 29th of Jun 2016 at 10:25 am
On the current SPY Pro long position, if SPY can close over 205.85 today, it will close the position tomorrow morning on the open. SPY needs to close above the 8 day SMA to receive an exit signal on the current position today.
Great work, Matt. Thanks!!
Posted by mdgfain on 29th of Jun 2016 at 08:18 pm
The SPY PRO System just keeps getting better, Matt. Thanks for all of your hard work. I can see what you must have gone through to put this together. It is logical, evidence based, thoroughly back tested and appears to hold up in real time. This could be a God send for someone like me who can not keep a close eye h the market all day long, due to work restrictions, and prefers a swing system like this. Heartfelt thanks. I'm in!
Regarding the SPY system the
Posted by matt on 29th of Jun 2016 at 04:05 pm
Regarding the SPY system the way I'm leaving right now is to have the 2 scale in version, and use SPY for the 1st entry and SSO and SDS the 2X leveraged ETF's for the 2nd entry. This should increase performance quite a bit while also reducing draw down over a single entry version.
We are currently working on a really awesome section for the SPY with a lot of performance reports and very detailed statistics. You guys are really going to like this new section! We are going to delete what's in the Mechanical systems now and replace it with this whole new format.
Posted by frtaylor on 29th of Jun 2016 at 05:48 pm
Awesome!!!! Good work Matt.......Looking forward
Posted by goap1207 on 29th of Jun 2016 at 04:40 pm
Awesome!!!! Good work Matt.......Looking forward to seeing the improved SPY System.
here's a couple sample pages
Posted by matt on 29th of Jun 2016 at 04:12 pm
here's a couple sample pages from the new section showing yearly gains, and trade lists etc. Please realize this is not formatted, that will change, and still some bugs, but gives you an idea. you will also be able to look at the stats of the individual sub systems
at this moment the SPY
Posted by matt on 29th of Jun 2016 at 12:03 pm
at this moment the SPY system is meeting its exit conditions, but again even if it closes this way, it won't sell until tomorrow morning at the open
Does the new Pro system
Posted by nabanco98 on 29th of Jun 2016 at 03:48 pm
Does the new Pro system scale out?
I do not have this
Posted by matt on 29th of Jun 2016 at 04:02 pm
I do not have this version scale out right now. I may or may not look into it, though you are certainly willing to peel off portions over time.
the Scaleouts mainly add to the winning % of the system but subtract from the overall total net profit, so give and take basically.
Todd - see sticky above
Posted by steve on 29th of Jun 2016 at 03:57 pm
Todd - see sticky above
Note I added the SPY
Posted by matt on 29th of Jun 2016 at 10:31 am
Note I added the SPY Post as a sticky at the top. I will confirm later in the day if it is going to exit, it's still early, but wanted to give you guys an early FYI, and you can monitor the 8 SMA today on your own