that system is for 401K like instruments not for shorting.
also shorts have to be treated VERY differently than longs.
Most corrections are fast and quick, emotions are far
different, vs uptrends that lasts for years and roll over more
slowly. Bear markets typically last a year or slightly more,
whereas bull markets last 5 or 10 years. Sell offs are
faster, and can end on a dime, best to take profits much faster
than you would on an uptrend as the moves last much shorter times,
and best not to wait for full reversals as you give up too much of
your short profit. for shorts I find it best to allow the
trend to break i.e. the BPT MA fall below the ribbon on the daily
and lose the DVT, then short an overold bounce where the BPT MA is
on the underside of the ribbons and pinches green into them, and
get a trigger off a the sell cycle from a shorter time frame
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that system is for 401K
some preliminary daily SPX DVT stats
Posted by matt on 13th of Aug 2020 at 02:29 pm
that system is for 401K like instruments not for shorting.
also shorts have to be treated VERY differently than longs. Most corrections are fast and quick, emotions are far different, vs uptrends that lasts for years and roll over more slowly. Bear markets typically last a year or slightly more, whereas bull markets last 5 or 10 years. Sell offs are faster, and can end on a dime, best to take profits much faster than you would on an uptrend as the moves last much shorter times, and best not to wait for full reversals as you give up too much of your short profit. for shorts I find it best to allow the trend to break i.e. the BPT MA fall below the ribbon on the daily and lose the DVT, then short an overold bounce where the BPT MA is on the underside of the ribbons and pinches green into them, and get a trigger off a the sell cycle from a shorter time frame