Matt, when you say these option systems are up 50% with only 18% capital being used; on an account of 100K would that have made 50K for 2019? If so much capital is sitting on the sidelines would you do anything else with that money or just have it available for the system were the market to really tank like in 2008?

    remember guys - use the

    Posted by matt on 4th of Nov 2019 at 09:33 am

    remember guys - use the search feature on the blog works well, just type in 15 min gap rule and you see tons of posts, here's the search link

    https://breakpointtrades.com/blog/search/?search_terms=15+min+gap+rule&member_name=matt%2C&start_date=&end_date=

    well you could trade that

    Posted by matt on 3rd of Nov 2019 at 11:14 pm

    well you could trade that capital obviously.  I'm just being conservative trying to use a small amount of capital, also it's up 55% for the year. However a lot of years are 100%, 2018 was 115%, 2016 was 110%, 2014 was 100%.  And these are with a max capitial utilization of about 35%.  Clearly if you set aside capital and used all of it those numbers would be 3X or 300% annual.  Anyway I have a lot of data to compile yet and will probably take me another week. This year also isn't over yet and assuming we have a handful more of trades left

    Thanks Matt, this sounds exciting,

    Posted by cozz101 on 4th of Nov 2019 at 08:58 am

    Thanks Matt, this sounds exciting, looking forward to the final numbers! 



    that's a good point, leaving

    Posted by matt on 4th of Nov 2019 at 09:25 am

    that's a good point, leaving 65% of the capital always off the table may be a bit conservative, so if one doubled the position size so that the max invested would e 70%, then this year would be up 110%, last year 230%, 220% for 2016 etc.  Also when I say 35% invested max or 70% if you doubled that, that condition was only for 1 week LOL it's not very long. That max condition is where a bunch of sub systems overlap and quickly drops off because systems start closing out. That max condition was where the Bear Long was in 4 entries on both the ES and SPY systems, the CCI system was in 2 entries, and the QE BTS was in 2 entries, so you basically had 12 entries overlaping . This lasted from late 2018, Dec 21st - Dec 26th only, so less that a week

    however those of you wanting

    Posted by matt on 4th of Nov 2019 at 09:51 am

    however those of you wanting to do SPX options over SPY options for the 60/40 tax benefit you won't be able to do that with less than a 200K account. SPX options cost roughtly 9 - 10 times the price over SPY.  2018 and 2016 trading one would have made 385K those eyars trading SPX options, but agai nit's not something you can trade with 20K or 50K or 100K.  As those options range from $10,000 to 40,000 per option.

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