FYI as you know the SPY Pro system went long a few weeks ago via
the new breakout long sub system. The stop for this system
has rising steadily, however with today's advance the hard stop
moved up to a positive stop loss! The system went long at
250.03, however the new stop is now 250.43, so it's protected. Also
realize that this does NOT take into the $1.23 dividend that all of
you will be receiving in late Oct.
Matt - Excellent work with all areas of the SPY Pro system -
thank you so much for sharing it with us. Has there been any change
to the hard stop or is it still 250.43 ?
Important update SPY Pro system new positive stop
Posted by matt on 2nd of Oct 2017 at 10:24 pm
FYI as you know the SPY Pro system went long a few weeks ago via the new breakout long sub system. The stop for this system has rising steadily, however with today's advance the hard stop moved up to a positive stop loss! The system went long at 250.03, however the new stop is now 250.43, so it's protected. Also realize that this does NOT take into the $1.23 dividend that all of you will be receiving in late Oct.
Matt - Excellent work with
Posted by peterjennings71 on 6th of Oct 2017 at 07:10 am
Matt - Excellent work with all areas of the SPY Pro system - thank you so much for sharing it with us. Has there been any change to the hard stop or is it still 250.43 ?
Matt -- great work on
Posted by puma on 5th of Oct 2017 at 02:15 pm
Matt -- great work on the Breakout Trade -- are there conditions under which it will exit before the hard stop?
And, does the Breakout Trade ever take second positions?