why does SSO show a

    Posted by langellj on 2nd of Feb 2018 at 06:26 pm

    why does SSO show a close around $116, but the posted 40% entry on the system page says it's around $275. What do I not see?

    that's the SPY price, James

    Posted by matt on 2nd of Feb 2018 at 11:19 pm

    that's the SPY price, James put it in wrong, I sent him a message to adjust it to SSO price

    The Spy Pro email said

    Posted by profit on 3rd of Feb 2018 at 11:39 am

    The Spy Pro email said to take a 30% position in SSO. The system page posted a 40% entry. Which is correct?

    I think it should be

    Posted by matt on 3rd of Feb 2018 at 06:31 pm

    I think it should be 30% because that leaves 10% for a 3rd entry using UPRO or options to give more leverage.  Again guys don't get too caught up in all that, you set aside the capital you wish to trade to the system (not 100% of your capital) and you divide that up into portions. I have the main system which is a combination of all the sub systems running as one, under that scenario only one sub system can be in a trade at one time, which ever one triggers first, in this case it was the Trap (honestly my least favorite of the systems). 

    Of course many of you like to follow the individual sub systems as they are stand alone systems.  However it then gets more complicated because multiple sub systems can be in trades at the same time and in multiple entries.  For example right now the Trap, Strong Trend Shallow Pullback, and Trend systems are all in 2nd entries, while the QE LE 1/2 and Pullback systems are  in 1st entries.  Clearly if one is trading all the sub systems it's not as easy as 60, 30, 10 etc.  In that case you just have to make a decision like: I'm putting like 10K or 20K into each sub system etc.  You see my point.   See the image showing the long sub systems

    Just to clarify something, the other day someone sarcastically commented, see you when all the systems are long.  Guys that can't happen, again most of you know but I want to make sure.  Many of the long sub systems here are just not gonna trigger, unless we had some comet hit the Earth some off the wall thing where we're all screwed anyway.  The bear long system, that is a long trade that ONLY occurs in bear markets, where prices have been trending below the 200 day MA for quite a while, we are so far from such a condition.  Bear Exhaustion system is a very oversold condition that only occurs in a bear market - we are taking about where the market is down 8 - 10 days a row consecutively below a short term 8 MA, where price is way below the 200 MA, something you see in 2008, or 2001 and 2002.  Even the bull exhaustion condition which occurs in bull markets would take a lot more to trigger, 9 consecutive down days below the 8 MA without a bounce, we are not even close, we've been down 4 days. The breakout long trade LOL that of course could not trigger, it only triggers in a breakout uptrend move, we are down trending.   The RSI oversold trade requires MUCH MUCH more oversold conditions than we have right now, no where even close.  Of course the shorts won't trigger as we are selling off, unless we get a bounce but that also brings up a point, it's possible that one of the short systems could trigger on a bounce while some other long systems are still long.  Anyway I just wanted to clear up that point in case any of you got confused by that comment - all the sub systems will never be triggered at once.

    anyway my hope now is that the sub systems will exit after an oversold bounce and hopefully one of them will short that bounce.   Then ideally one of the long systems will go long on the wave C an catch a major bottom. 

    Actually, too frustrating following all

    Posted by burkmere on 4th of Feb 2018 at 04:18 pm

    Actually, too frustrating following all the eons of systems now. I think you'd are much better off having one or two.  Too complex. That is my opinion.  

    I'm definitely far from an

    Posted by blayden on 4th of Feb 2018 at 10:09 pm

    I'm definitely far from an expert on all the systems but I think it is very, very simple if you want to keep it that way (which I do).  Just follow their main recommendations on the SPY system.  They tell you exactly when to get in (and 2nd entry if applicable), and when to get out.  That's it.  If you wantto get complicated and try doing trades on multiple systems then that requires more attention and due diligence, but no reason to complicate it unless you really want.

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