Posted by beck67er on 11th of Sep 2020 at 12:51 pm
Matt or Steve, Are the DVT trailing stops used in the KISS
System for our 401 K investments intra day price stops or do we use
closing prices at the end of the day?
we count them intra day if triggered. I've commented on
this multiple times and I cover in that 26 min video in that
section I suggest you watch that. There's some times in the
past that if you wanted until the close you would have been 90
points worse as there were some of those 100 point down days where
the DVT triggered early in the morning, by waiting for the close
you gave up a lot. But are there some times when the DVT is just
barely hit and prices bottom and would have been better to just
stay put? Yes of course.
again it's a guide and I think one who follows them should have
a plan and monitor this stuff, and when those DVT's get close or
trigger look at some intra day charts see if you want to just exit
with the DVT price or hold a bit more giving some extra room if you
think it's one of those times where you think price will recover
and you avoid the whipsaw by staying put. And if you stay put
still have some sort of exit plan, a price level where you sell if
it doesn't do what you think.
That's for you to determine - devise a plan that is commensurate
with your risk tolerance and adhere to that plan. After a
parabolic move wise to take some money off the table and tighten
trailing stops as we have discussed ad naseum in the days the
market was running. Thus, you should now be in cash - simple
as that. Most important thing to do is to map out a PLAN
which many fail to do and thus have no basis upon which to act.
For what it's worth, I believe that you should provide guidance
that aligns with your published stats on a system. So if the
performance of the KISS system described
here
was achieved by adhering to the stops every time they are hit, then
that's what I believe your subscribers want to know.
z0ned - that was answered just below by Matt to be clear.
But more importantly, you should devise a PLAN that works for
YOU. That pertains to all investing not just the SPX
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Matt or Steve, Are the
Posted by beck67er on 11th of Sep 2020 at 12:51 pm
Matt or Steve, Are the DVT trailing stops used in the KISS System for our 401 K investments intra day price stops or do we use closing prices at the end of the day?
we count them intra day
Posted by matt on 11th of Sep 2020 at 01:10 pm
we count them intra day if triggered. I've commented on this multiple times and I cover in that 26 min video in that section I suggest you watch that. There's some times in the past that if you wanted until the close you would have been 90 points worse as there were some of those 100 point down days where the DVT triggered early in the morning, by waiting for the close you gave up a lot. But are there some times when the DVT is just barely hit and prices bottom and would have been better to just stay put? Yes of course.
again it's a guide and I think one who follows them should have a plan and monitor this stuff, and when those DVT's get close or trigger look at some intra day charts see if you want to just exit with the DVT price or hold a bit more giving some extra room if you think it's one of those times where you think price will recover and you avoid the whipsaw by staying put. And if you stay put still have some sort of exit plan, a price level where you sell if it doesn't do what you think.
That's for you to determine
Posted by steve on 11th of Sep 2020 at 12:58 pm
That's for you to determine - devise a plan that is commensurate with your risk tolerance and adhere to that plan. After a parabolic move wise to take some money off the table and tighten trailing stops as we have discussed ad naseum in the days the market was running. Thus, you should now be in cash - simple as that. Most important thing to do is to map out a PLAN which many fail to do and thus have no basis upon which to act.
For what it's worth, I
Posted by z0ned on 11th of Sep 2020 at 01:27 pm
For what it's worth, I believe that you should provide guidance that aligns with your published stats on a system. So if the performance of the KISS system described here was achieved by adhering to the stops every time they are hit, then that's what I believe your subscribers want to know.
z0ned - that was answered
Posted by steve on 11th of Sep 2020 at 01:31 pm
z0ned - that was answered just below by Matt to be clear. But more importantly, you should devise a PLAN that works for YOU. That pertains to all investing not just the SPX