SPY systems update

    Posted by matt on 21st of Apr 2020 at 12:05 pm

    on the reversion to mean systems: here's an image of all the short sub systems for the SPY system.  As you know the QE 3 is still in the short trade 3rd entry, for now it's not looking to close, which surprises me, I'll look into why it's holding. 

    also as I told you before the Hi,Mid, Low sub system went short, was in a 2nd entry, I didn't officially send that out on the website because the other sub system was in a trade, but when looking at the individual sub systems you can see it. that one is looking to close out today (not the dot on the trade indicator that means looking to close out)

    Both systems closed out or

    Posted by shinings on 21st of Apr 2020 at 04:16 pm

    Both systems closed out or not? Can you confirm Matt?

    see the sticky post

    Posted by matt on 21st of Apr 2020 at 04:31 pm

    see the sticky post

    Matt, in the future can

    Posted by shinings on 21st of Apr 2020 at 12:52 pm

    Matt, in the future can you send sub system entries and exits, even though other systems may be in a trade? I remember you said multiple sub systems could do different things and thus coexist. This will help investors like us make decisions on whether to add/reduce positions. Thanks.

    IKD - in the end

    Posted by matt on 21st of Apr 2020 at 01:03 pm

    IKD - in the end I've struggled to figure out what's best. I grouped a lot of the systems into 6 charts (9 short sub systems all one one chart) so only one short system can occur at one time, then a bunch of long sub systems on another chart, and the 4 other charts containing 1 sub system each that rarely trigger. I've done that to limit the number of trades. 

    however the other option is to just send out all orders for all sub systems, realize there will be a LOT more trades, times when 3, 4, even 5 or 6 sub system could be in trades, it might be overwhelming. The only logic of that would be that they are all their own individual systems, so let them go where they may. Though for folks with small accounts it's too much to try and trade all those, and it's probably really confusing that way. So I don't know about that yet man

    It's hard to argue with

    Posted by retirefire on 21st of Apr 2020 at 01:26 pm

    It's hard to argue with the success as is, considering your fine tune of the early long that is still open 

    I agree, it is hard

    Posted by rfmathis on 21st of Apr 2020 at 01:53 pm

    I agree, it is hard to argue with the current process.  Too many open SPY System trades would be confusing; and, a lot of notifications coming out from Matt.

    Very much agree that the

    Posted by elementsix on 21st of Apr 2020 at 02:02 pm

    Very much agree that the current SPY System process is excellent.Getting some anecdotal info on the sub systems is nice but it would be overwhelming to balance a potential 5-10 open system trades.

    yeah I would need a

    Posted by matt on 21st of Apr 2020 at 01:57 pm

    yeah I would need a clone, hard to keep up

    Which one of these charts

    Posted by patellee on 21st of Apr 2020 at 12:40 pm

    Which one of these charts is the reversion to mean chart?

    More than likely we will

    Posted by ssaffer on 21st of Apr 2020 at 12:31 pm

    More than likely we will get a good bonce tomorrow to set up to add to short positions. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!