Posted by hstrader on 20th of Jul 2019 at 01:26 pm
This weekends newsletter should be very interesting, almost all
the new trades from Thursday failed to BO. Matt be sure to
tell us which inverse ETF you like here if this market
is going to go lower ...
if it goes a bit lower wouldn't surprise me but I don't also
think the market just crashes either, I still think it could go a
bit lower first but then go to a new high again after. One of the
older SPY systems went long on Friday. I'm not using that one for
the highest probability, however it has a profit factor of 14 so
that's not bad i.e. makes 14 for ever dollar lost. The draw down
potential is higher and is why I cut it out of this current version
of the SPY system.
as far as the market I'm not seeing anything really standing
out, i.e. smoking guns or super bullish things, it's kind of
blah
This weekends newsletter should be
Posted by hstrader on 20th of Jul 2019 at 01:26 pm
This weekends newsletter should be very interesting, almost all the new trades from Thursday failed to BO. Matt be sure to tell us which inverse ETF you like here if this market is going to go lower ...
if it goes a bit
Posted by matt on 20th of Jul 2019 at 01:29 pm
if it goes a bit lower wouldn't surprise me but I don't also think the market just crashes either, I still think it could go a bit lower first but then go to a new high again after. One of the older SPY systems went long on Friday. I'm not using that one for the highest probability, however it has a profit factor of 14 so that's not bad i.e. makes 14 for ever dollar lost. The draw down potential is higher and is why I cut it out of this current version of the SPY system.
as far as the market I'm not seeing anything really standing out, i.e. smoking guns or super bullish things, it's kind of blah
Thanks Matt , your the
Posted by hstrader on 20th of Jul 2019 at 01:36 pm
Thanks Matt , your the best. If you ever find yourself in Boston, Hit my email and I'll give you a Boston Harbor Cruise on my Boat!
that would be awesome!! I'll
Posted by matt on 20th of Jul 2019 at 01:39 pm
that would be awesome!! I'll let you know thanks