I bought XIV on the SPY Pro Trend sub system signal @ 108.23
back on Nov 14th.
Now it's up 8%+ :)
Are the subsystem charts posted daily somewhere? I know
they appear in the newsletter sometimes, but I can't seem to find
them on the site itself so I can check them without bugging you
each day.
Trying to figure out where to place my trailing stop to avoid
giving up all the gains. Considering the 20d as a stop... or
just using the SPY exit timing to exit XIV.
rojoch - nice job! First off regarding the SPY Trend Trade, it
will likely be closing out tomorrow at the close, I'll update folks
if that ends up being the case.
Otherwise as far as this Trend Sub system, remember I discussed
this already, this sub system is NOT part of the main combined
system and is thus not listed in the SPY Pro system section of the
website. I communicate it here on the trading community blog,
but it's not listed in that section. Obviously would have
been a nice trade this time.
congrats on XIV, I bought that too, it's been nice
Posted by shanebofl on 21st of Nov 2017 at 02:13 pm
I bought XIV on the combined system triggers (buy and sell) and
made 28% in the last trade. XIV tends to move fast up or down so
it's probably best to pick an exit strategy and stick with it (SPY
system triggers, 20d, percentage gain you don't want to go below,
etc. I'm sure the best strategy to use changes with each trade! But
as I said, for simplicity I just use the SPY combined system
triggers and plan to continue doing that.
Posted by shanebofl on 22nd of Nov 2017 at 10:50 am
Matt's SPY Pro System is the "Combined System" I was referring
to (Matt calls it the Combined System). On the last trade (Sept 12)
when that system said Buy, I bought SPY and XIV (varies, but 50%
SPY and 50% XIV). When it said Sell, I sold SPY and XIV. Simple as
that, I typically wouldn't set my own stop loss, I let the
SPY Pro System determine when to sell (although you could choose
your own exit strategy if you wish). Right now that system is flat
(is not holding any shares right now), so I don't have any shares
either. Matt emails when to buy and sell, as well as posting in the
trading blog, and you can always check the current status on the
SPY Pro System pages on the website link in the sidebar. Hope this
helps.
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I bought XIV on the
SPY Pro system the Trend Trade sub system went long - watch video
Posted by rojoch on 21st of Nov 2017 at 12:44 pm
I bought XIV on the SPY Pro Trend sub system signal @ 108.23 back on Nov 14th.
Now it's up 8%+ :)
Are the subsystem charts posted daily somewhere? I know they appear in the newsletter sometimes, but I can't seem to find them on the site itself so I can check them without bugging you each day.
Trying to figure out where to place my trailing stop to avoid giving up all the gains. Considering the 20d as a stop... or just using the SPY exit timing to exit XIV.
Appreciate any strategies.
Thanks!
.../john
rojoch - nice job! First
Posted by matt on 21st of Nov 2017 at 06:07 pm
rojoch - nice job! First off regarding the SPY Trend Trade, it will likely be closing out tomorrow at the close, I'll update folks if that ends up being the case.
Otherwise as far as this Trend Sub system, remember I discussed this already, this sub system is NOT part of the main combined system and is thus not listed in the SPY Pro system section of the website. I communicate it here on the trading community blog, but it's not listed in that section. Obviously would have been a nice trade this time.
congrats on XIV, I bought that too, it's been nice
Thanks Matt! Was hoping there
Posted by rojoch on 21st of Nov 2017 at 07:48 pm
Thanks Matt! Was hoping there was a place that all the subsystems were posted so I wouldn't have to pester you each time....
I'll stay tuned for news from you tomorrow.
.../john
I use ES.
Posted by stevieb294 on 21st of Nov 2017 at 05:38 pm
Now, that's leverage!
nice
Posted by law6 on 21st of Nov 2017 at 02:29 pm
My strategy...
Posted by shanebofl on 21st of Nov 2017 at 02:13 pm
I bought XIV on the combined system triggers (buy and sell) and made 28% in the last trade. XIV tends to move fast up or down so it's probably best to pick an exit strategy and stick with it (SPY system triggers, 20d, percentage gain you don't want to go below, etc. I'm sure the best strategy to use changes with each trade! But as I said, for simplicity I just use the SPY combined system triggers and plan to continue doing that.
Hi, what do you mean
Posted by torvix on 22nd of Nov 2017 at 04:21 am
Hi, what do you mean by "I use the combined system triggers"
Next, how do you determine your stop loss on the XIV?
Combined Definition and Stop Loss
Posted by shanebofl on 22nd of Nov 2017 at 10:50 am
Matt's SPY Pro System is the "Combined System" I was referring to (Matt calls it the Combined System). On the last trade (Sept 12) when that system said Buy, I bought SPY and XIV (varies, but 50% SPY and 50% XIV). When it said Sell, I sold SPY and XIV. Simple as that, I typically wouldn't set my own stop loss, I let the SPY Pro System determine when to sell (although you could choose your own exit strategy if you wish). Right now that system is flat (is not holding any shares right now), so I don't have any shares either. Matt emails when to buy and sell, as well as posting in the trading blog, and you can always check the current status on the SPY Pro System pages on the website link in the sidebar. Hope this helps.