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.

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