Posted by sschulman on 12th of Sep 2016 at 09:20 am
Firstly, thank you for this awesome system!
I don't understand the stats. For example, the last trade bot at
$217.96 and sold at $219.03 for 1.07 points gained. But then it
shows 288.90 profit. How does 1.07 points translated to 288.90
profit??
Thanks. Need to know this to help figure out how many contracts
to trade.
remember that's based on the 60/40 rule, first entry is 60% SPY,
while the second entry is 40% SSO or SDS, all based on 100K for
each trade.
as far as your own account best for you to decide what dollar
amount you are using and go with that.
one could also trade options instead, my suggestion would be to
buy deep in the money options so that you are mainly getting price
movement vs paying for time premium, and go at least 1 month out,
but probably 2 months best
otherwise admin questions like this are best posted after the
market or sent into support as the market just opened
SPY Pro system stats
Posted by sschulman on 12th of Sep 2016 at 09:20 am
Firstly, thank you for this awesome system!
I don't understand the stats. For example, the last trade bot at $217.96 and sold at $219.03 for 1.07 points gained. But then it shows 288.90 profit. How does 1.07 points translated to 288.90 profit??
Thanks. Need to know this to help figure out how many contracts to trade.
remember that's based on the
Posted by matt on 12th of Sep 2016 at 09:38 am
remember that's based on the 60/40 rule, first entry is 60% SPY, while the second entry is 40% SSO or SDS, all based on 100K for each trade.
as far as your own account best for you to decide what dollar amount you are using and go with that.
one could also trade options instead, my suggestion would be to buy deep in the money options so that you are mainly getting price movement vs paying for time premium, and go at least 1 month out, but probably 2 months best
otherwise admin questions like this are best posted after the market or sent into support as the market just opened
OK, Thanks Matt. :-)
Posted by sschulman on 12th of Sep 2016 at 10:21 am
OK, Thanks Matt. :-)