System Trade Confirmed! SPY Pro system took a 60% position at the close.
The Trap Trade 1 went long, the QE LE 2 did not. You
can see the stats of the Trap Trade below from the URL
.....
This is an early heads up, the SPY Pro system may go long today
a 1st entry at the close. Currently the conditions are being
met, however the were not earlier when the market had rallied off
the lows, therefore I'll confirm the trade near or after the close.
Additional Information: Out of the 11 Long sub systems, the Trap
1 is the system that is triggering. This particular trade
type typically buys shallow pullbacks in uptrends. This
system adds a lot of profit overall to the main system as it has
taken 144 trades in the past. However on the flip side, it
has the lowest profit factor of all the sub systems 4.1 and the
lowest winning percentage of 80.5%. The trade type is
generally profitable, however on occasions it can buy a bit early.
This particular trade type only looks for a quick bounce,
it's not trying to catch a trend move. I'm not stating this
information to try and change your mind on this trade, I'm simply
giving you all the information that I can. I simply send out the
alerts, you make your own trade decisions. Otherwise I will
officially count the the trade in the SPY Pro system section should
it trigger.
here's a link to the Stats of the Trap 1. You can see what the statistics are for each sub system
by click ong on the 'Trade Type' tab, and then clicking on the sub
system that you wish to see the statistics for. Note it will
take a few moments for the stats to populate your browser so be
patient. Of course by default the statistics page loads with
the Main System stats, which you see at the top
Actually a second trade type condition is being met as well, the
QE LE Long. The QE has much better trade stats than the Trap Profit
factor of 15 and 85% winning vs 4.1 and 80%, you can check those
from
this URL CLICK HERE. So it's possible that two trade types would take a
trade. But again only if the market stays down, if price
rallies back the condition will be lost that's why you need to
check near the close.
Possible SPY Pro system long trade todaty
Posted by matt on 7th of Mar 2017 at 12:15 pm
System Trade Confirmed! SPY Pro system took a 60% position at the close. The Trap Trade 1 went long, the QE LE 2 did not. You can see the stats of the Trap Trade below from the URL
.....
This is an early heads up, the SPY Pro system may go long today a 1st entry at the close. Currently the conditions are being met, however the were not earlier when the market had rallied off the lows, therefore I'll confirm the trade near or after the close.
Additional Information: Out of the 11 Long sub systems, the Trap 1 is the system that is triggering. This particular trade type typically buys shallow pullbacks in uptrends. This system adds a lot of profit overall to the main system as it has taken 144 trades in the past. However on the flip side, it has the lowest profit factor of all the sub systems 4.1 and the lowest winning percentage of 80.5%. The trade type is generally profitable, however on occasions it can buy a bit early. This particular trade type only looks for a quick bounce, it's not trying to catch a trend move. I'm not stating this information to try and change your mind on this trade, I'm simply giving you all the information that I can. I simply send out the alerts, you make your own trade decisions. Otherwise I will officially count the the trade in the SPY Pro system section should it trigger.
here's a link to the Stats of the Trap 1 . You can see what the statistics are for each sub system by click ong on the 'Trade Type' tab, and then clicking on the sub system that you wish to see the statistics for. Note it will take a few moments for the stats to populate your browser so be patient. Of course by default the statistics page loads with the Main System stats, which you see at the top
No signal today? Answer: click on
Posted by EdZ on 7th of Mar 2017 at 04:48 pm
No signal today?
Answer: click on the sticky post above (it's quite clear)
System should be going long,
Posted by matt on 7th of Mar 2017 at 03:56 pm
System should be going long, I don't think the condition will be lost the next 4 min
it's also in the SPY
Posted by matt on 7th of Mar 2017 at 09:53 pm
it's also in the SPY system section
http://breakpointtrades.com/stat_gen/stats_6.php?perf_id=5
SPY long trade
Posted by wjshaf21 on 7th of Mar 2017 at 03:58 pm
is this a 60% position?
it's in the FAQ -
Posted by matt on 7th of Mar 2017 at 04:08 pm
it's in the FAQ - first entry is always 60%. You are free to do what you wish
http://breakpointtrades.com/stat_gen/stats_6.php?perf_id=24#faq
Does the position always go to 100% exposure?
Posted by torvix on 8th of Mar 2017 at 11:32 am
Actually a second trade type
Posted by matt on 7th of Mar 2017 at 12:40 pm
Actually a second trade type condition is being met as well, the QE LE Long. The QE has much better trade stats than the Trap Profit factor of 15 and 85% winning vs 4.1 and 80%, you can check those from this URL CLICK HERE . So it's possible that two trade types would take a trade. But again only if the market stays down, if price rallies back the condition will be lost that's why you need to check near the close.
I will take my chances
Posted by goap1207 on 7th of Mar 2017 at 12:34 pm
I will take my chances on you and the system! Still can't beat 80% wining trades. Thanks for the update and heads up.