3309 Drysdale Ct
Edwardsville, IL 62025
Thank you Matt for the continuing education. The SPY
system that is currently long is the breakout model. Is there
any comment on that? eg. where the system puts a stop or target?
Also the BPT MA deluxe system - you don't consider that part
of the SPY systems? Cheers.
the BPT MA Deluxe is not part of the SPY system at this time,
they are completely separate code and entities. It's something I
might be able to add to the breakout system but at this time it's
not part of it, and it's not a trivial quick thing to do, though
something I'll look at trying to do one day. For example just
eyeballing past breakout trades I could see where the DVT higher
lot stuff would interfere and break a lot things, therefore the
breakout system would have to be completed changed/edited in order
to accommodate the DVT stuff. yes the breakout system
does use stops, however the initial stop is quite wide at this
point, it takes about 5 - 6 days to really tighten up, and it
really tightens up once the trade is profitable. Intially the stop
is below the ATR, which again is quite wide something like 293 on
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