SPY system early heads up

    Posted by matt on 7th of Oct 2019 at 10:12 am

    looks like that open SPY trade will probably exit today at the close, so an early FYI. Hopefully the market is higher or not down a lot more by the close. 

    on a side note my sister ES system which is in the same trade isn't closing today, but probably tomorrow instead. I don't send ES system trades out to the site at this time, will be interesting to see which one does better this time.  The ES version did enter the 1st entry better however on 9/30 instead of 9/24 for the SPY version.  As far as which one is better over the long run, the ES or SPY version, it's honestly one half dozen the other, they go back and forth, sometimes the SPY version is better, and sometimes the ES version is better. Remember I have the same sub systems on the ES instrument as well. For me I trade all of them, so basically 40 systems. Obviously a ton of overlap however as far as returns, it's really more about averaging everything more, with running the systems on both instruments you simply get a bit more diversification potential or smoothing would be a better term perhaps

    here's an image showing the sub system on SPY and ES

    so the pullback is closing

    Posted by shecar on 7th of Oct 2019 at 12:09 pm

    so the pullback is closing and the QE BTS will remain open?

    QE bts  closed out Friday

    Posted by simpsongc on 7th of Oct 2019 at 01:28 pm

    QE bts  closed out Friday


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