Posted by stevieb294 on 30th of Jan 2018 at 09:51 am
Why would you think the ES system takes different/more signals
than the SPY pro? The ES is merely a derivative of the SPX as is
the SPY, so their signals would not be all that different. And I
can tell you by trading both that that is true from experience as
well. If it is merely leverage you are looking for, then trade the
SPY Pro system using the ES. Just M.O.
Why would you think the
A question about systems. Does anyone know or recommend a ...
Posted by stevieb294 on 30th of Jan 2018 at 09:51 am
Why would you think the ES system takes different/more signals than the SPY pro? The ES is merely a derivative of the SPX as is the SPY, so their signals would not be all that different. And I can tell you by trading both that that is true from experience as well. If it is merely leverage you are looking for, then trade the SPY Pro system using the ES. Just M.O.
The es system is daily
Posted by torvix on 30th of Jan 2018 at 12:19 pm
The es system is daily and long and short. Also I understand it trades off the 60 min timeframe.
On the accounts of trading (my own work) I lost 570k through trading in total. Tragic.
Matt's 60-minute systems on ES
Posted by aragon on 30th of Jan 2018 at 12:33 pm
Matt's 60-minute systems on ES were not profitable. Stick with daily systems.
I am sorry for your huge loss.
Just to clarify some comments
Posted by steve on 30th of Jan 2018 at 01:06 pm
Just to clarify some comments below, Torvix losses had nothing to do with any of our systems.
Yes it was devastating. I
Posted by torvix on 30th of Jan 2018 at 12:46 pm
Yes it was devastating. I only want to use unemotional systems now.
ES trades 23 hours versus
Posted by aragon on 30th of Jan 2018 at 09:57 am
ES trades 23 hours versus GDX that trades only 7.5. Most of the gains occur out of hours.
I review trades between 5 and 6pm, and enter at 6pm. This works for me. Doing it before 4pm could get me fired from my job. Sorry, that is real.