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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Hi, what do you mean
SPY Pro system the Trend Trade sub system went long - watch video
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.