The SPY Pro system went long at the close via a 60% position in
SPY. Remember the system has 2 possible entries, the first
one enters a 60% position in SPY, while the 2nd one enters a 40%
position via either SSO or SDS, the 2X leveraged ETF's.
just an FYI, out of the 22 trade types, this particular one is
the Pullback Long
Posted by jdaswani on 31st of Aug 2016 at 08:34 am
Any statistics on trade 2 only.. If we purposely choose to miss
the first leg ( i am well aware i can miss the whole trade) but we
went long entry 2, 100% long the 2x. What would the return picture
look like?
This way it almost helps avoid initial draw down and captures
more of the move forward. Just a thot.
jdaswani- once the programmer is back in town one goal is for you to
be able to look at the individual statistics for each trade type.
I can do that by you currently cannot, however you can see
them on the pages, the list of the trade types.
As far as this trade type, it's the Long Pullback, the stats are
okay, not as high as many of the other trade types, here's the
stats. Actually this trade type, the previous one was a loser
back in June, (see the chart), however the main system was already
in another trade from the QE long, which prevented that one from
occurring. Remember only one trade type can occur at once,
but seen individually you see the overlap.
I will let you guys know if other trade types occur, which is
likely. For example the Trap Long or QE long sub systems will
likely take a trade should the market continue to pullback.
The most I've seen is 3 trade types all in a trade for an
overlap.
the system went long guys, was a typo, sent a second email as
well.
the text for the SMS message was correct saying simple, the SPY
Pro system took a long trade at the close, but only a few of you
guys are signed up for the SMS
Steve - I talked to the programmer, he needs to replace the page
from the members home section, HOWEVER you can fix it by going to
the SMS section in the SPY Pro system section, go there and you
will need to verify your SMS and set it up again, should work
here's a link:
Posted by Steve105 on 31st of Aug 2016 at 10:18 am
Thank you. I actually did that yesterday afternoon (just
in case). As a backup, I forward your SPY email alerts to my
text as well (I.e. filter - include "SPY", exclude "Newsletter".
The only problem is the email comes usually after the close
and I cannot trade after-hours with my account.
So for me the "heads-up" in the Trading Community is a huge help
- even when it is a maybe trade and cannot be confirmed till close.
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SPY Pro system going long at the close
Posted by matt on 30th of Aug 2016 at 03:57 pm
The SPY Pro system went long at the close via a 60% position in SPY. Remember the system has 2 possible entries, the first one enters a 60% position in SPY, while the 2nd one enters a 40% position via either SSO or SDS, the 2X leveraged ETF's.
just an FYI, out of the 22 trade types, this particular one is the Pullback Long
Any statistics on trade 2
Posted by jdaswani on 31st of Aug 2016 at 08:34 am
Any statistics on trade 2 only.. If we purposely choose to miss the first leg ( i am well aware i can miss the whole trade) but we went long entry 2, 100% long the 2x. What would the return picture look like?
This way it almost helps avoid initial draw down and captures more of the move forward. Just a thot.
jdaswani - once the programmer is
Posted by matt on 31st of Aug 2016 at 02:33 pm
jdaswani - once the programmer is back in town one goal is for you to be able to look at the individual statistics for each trade type. I can do that by you currently cannot, however you can see them on the pages, the list of the trade types.
As far as this trade type, it's the Long Pullback, the stats are okay, not as high as many of the other trade types, here's the stats. Actually this trade type, the previous one was a loser back in June, (see the chart), however the main system was already in another trade from the QE long, which prevented that one from occurring. Remember only one trade type can occur at once, but seen individually you see the overlap.
I will let you guys know if other trade types occur, which is likely. For example the Trap Long or QE long sub systems will likely take a trade should the market continue to pullback.
The most I've seen is 3 trade types all in a trade for an overlap.
You could go back to
Posted by Steve105 on 31st of Aug 2016 at 10:10 am
You could go back to the "Trades" tab in the SPY PRO SYSTEM area and pull that data yourself. Just look at the SSO and SDS trades only.
spy pro system
Posted by prvtii on 30th of Aug 2016 at 05:47 pm
I REALIZE THAT THE SPY PRO WENT LONG SPY AT THE CLOSE(60%), HOWEVER, WHEN DOES THE 2ND ENTRY TRIGGER LONG (40%).???
It may or may not
Posted by steve on 30th of Aug 2016 at 06:12 pm
It may or may not trigger depending upon if the SPY pulls back prior to exiting. You cannot determine a specific date ahead of time.
SPY Pro system going long at the close
Posted by matt on 30th of Aug 2016 at 04:12 pm
the system went long guys, was a typo, sent a second email as well.
the text for the SMS message was correct saying simple, the SPY Pro system took a long trade at the close, but only a few of you guys are signed up for the SMS
Just an FYI, I am
Posted by Steve105 on 30th of Aug 2016 at 05:20 pm
Just an FYI, I am signed up for SMS and did NOT get the text on the SPY. I did get the Trade Idea Alerts all day long though.
Steve the programmer is out
Posted by matt on 30th of Aug 2016 at 11:03 pm
Steve the programmer is out of town in Burning Man of all places, he won't be able to look into that until he gets back, thx for letting us know
Steve - I talked to
Posted by matt on 30th of Aug 2016 at 11:09 pm
Steve - I talked to the programmer, he needs to replace the page from the members home section, HOWEVER you can fix it by going to the SMS section in the SPY Pro system section, go there and you will need to verify your SMS and set it up again, should work here's a link:
http://breakpointtrades.com/stat_gen/stats_6.php?perf_id=5#sms
Thank you. I actually did
Posted by Steve105 on 31st of Aug 2016 at 10:18 am
Thank you. I actually did that yesterday afternoon (just in case). As a backup, I forward your SPY email alerts to my text as well (I.e. filter - include "SPY", exclude "Newsletter". The only problem is the email comes usually after the close and I cannot trade after-hours with my account.
So for me the "heads-up" in the Trading Community is a huge help - even when it is a maybe trade and cannot be confirmed till close.