SPY systems comments

    Posted by matt on 25th of Feb 2020 at 11:04 am

    First off hope no one was surprised that the market fell after the little bounce, that's typical action when you get market sell offs like this.

    anyway regarding the SPY systems, the Trend/Pullback could take a 2nd entry today if the market closed at the lows. Also a second sub system could trigger a 1st entry long, called the QE BTS

    Missed the SPY trade on

    Posted by racerick on 25th of Feb 2020 at 11:56 am

    Missed the SPY trade on the close yesterday, just picked up SPY calls for 17.70

    yep, it doesn't guarantee it

    Posted by matt on 25th of Feb 2020 at 11:57 am

    yep, it doesn't guarantee it won't be a losing trade, but obviously it's always better to buy better than the system

    picked up some MSFT 160's

    Posted by racerick on 25th of Feb 2020 at 12:03 pm

    picked up some MSFT 160's too, pretty good relative strength this am. Did close ones so basically little time premium. 2 day trade max

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