Posted by shinings on 22nd of Oct 2018 at 08:54 am
Matt, I'm with Arton and I urge you please don't take the SPY
system off the website. This is pretty much the only reason I'm
subscribing as I also have a day job and not able to day trade. For
any improvement you are working on, I will be patiently waiting
while still trading the system as is. Thank you!
thanks for the feedback guys, I will keep it. However I
will be trading the options in the way I outlined in the video.
I will share the results over time and if they look good I
might start sending the options trades out for the system i.e
spy system going long, buying Jan 240 SPY calls. etc However
I'll most likely trade the SPX options instead of SPY options
because like futures those cash options are also subject o the
60/40 tax rule where you get to treat 60% of your profits as long
term gains, over time that tax benefit adds up a lot! SPY options
are taxed like normal stocks short term cap gains
Matt, I'm with Arton and
SPY Pro system video discussion
Posted by shinings on 22nd of Oct 2018 at 08:54 am
Matt, I'm with Arton and I urge you please don't take the SPY system off the website. This is pretty much the only reason I'm subscribing as I also have a day job and not able to day trade. For any improvement you are working on, I will be patiently waiting while still trading the system as is. Thank you!
Keep the SPY system. The
Posted by bravestar on 22nd of Oct 2018 at 09:52 am
Keep the SPY system. The stats are good.
thanks for the feedback guys,
Posted by matt on 22nd of Oct 2018 at 10:07 am
thanks for the feedback guys, I will keep it. However I will be trading the options in the way I outlined in the video. I will share the results over time and if they look good I might start sending the options trades out for the system i.e spy system going long, buying Jan 240 SPY calls. etc However I'll most likely trade the SPX options instead of SPY options because like futures those cash options are also subject o the 60/40 tax rule where you get to treat 60% of your profits as long term gains, over time that tax benefit adds up a lot! SPY options are taxed like normal stocks short term cap gains
anyway market approaching Friday's lows now
Agree with Shinings & Arton...
Posted by bulf6285 on 22nd of Oct 2018 at 09:29 am
Agree with Shinings & Arton... for those of us with day jobs, the SPY system is a big reason for coming here