also guys just so you are aware - when I did the option
model - I sent back to about 2013, I couldn't really go back any
further than that and get reliable data.
there were times when you had 5 entries on the Trend/Pullback,
and you also had 3 and 4 other sub systems in entries 1 - 2
entries. None of those times were fun and obviously this one
isn't either. anyway intra day is not the time to discuss that in
detail.
Today the Trend/Pullback will take a 3rd entry. The CCI and QE
BTS systems will take 2nd entries. Again there were times in the
past when you had the Trend in 4 - 5 entries and 3 other systems in
trades, so even more than now. The difference now though is
probably how fast this has occurred - most of those times were in
very deep bear market territory, not a couple weeks off the
highs.
again at this time I can't change things mid cycle - I have to
report the trades - do them or don't do them - and once they all
close out in the future we'll do a deep dive and see what we can
change or not change, maybe more focus on the 2hr trend stuff etc.
But for now I have to keep trading these
also guys just so you
I am not sure I have the stomach to take ...
Posted by matt on 27th of Feb 2020 at 03:23 pm
also guys just so you are aware - when I did the option model - I sent back to about 2013, I couldn't really go back any further than that and get reliable data.
there were times when you had 5 entries on the Trend/Pullback, and you also had 3 and 4 other sub systems in entries 1 - 2 entries. None of those times were fun and obviously this one isn't either. anyway intra day is not the time to discuss that in detail.
Today the Trend/Pullback will take a 3rd entry. The CCI and QE BTS systems will take 2nd entries. Again there were times in the past when you had the Trend in 4 - 5 entries and 3 other systems in trades, so even more than now. The difference now though is probably how fast this has occurred - most of those times were in very deep bear market territory, not a couple weeks off the highs.
again at this time I can't change things mid cycle - I have to report the trades - do them or don't do them - and once they all close out in the future we'll do a deep dive and see what we can change or not change, maybe more focus on the 2hr trend stuff etc. But for now I have to keep trading these
Thanks for keeping us honest
Posted by elementsix on 27th of Feb 2020 at 04:15 pm
Thanks for keeping us honest and helping us stick to the systems! Hard to trade but I appreciate all the work!
what I'll do after hrs
Posted by matt on 27th of Feb 2020 at 03:30 pm
what I'll do after hrs sometime is take some images of some of those past trade and the option data and show you their draw down and how they behaved