Posted by peterwelsh on 29th of Sep 2020 at 05:20 pm
Many 401k's are limited with respect to investments. May only be
a number of mutual funds or etf's. If that is the case, find one
that replicates the index, probably S&P 500.
Well stated - 401k choices will vary depending upon what each
employer offers but most have something that resembles (acts as a
proxy) the SP 500 that would be suitable
OK, thanks for response. It sounds like you can't buy the
actual S&P so lets say a person used SPY for the
purchase.....they show the DVT stops, in terms of the actual
S&P 500 price, so a person would just have to extrapolate that
same % stop to the SPY ticker it sounds like. It would be
nice to show the prices for entry and stops in terms of a ticker
people are actually buying when trading the S&P DVT system, but
I could be missing something.
Posted by signal46 on 29th of Sep 2020 at 07:21 pm
If you want to see what the DVT for SPY should be, just open a
daily chart with candles or bars on the SPX and see what the
low for the particular day the DVT was posted (3,209.45) then
open a chart for the investment you are going into ( in our case
the SPY) and look at the same date candle or bar that the DVT was
posted and you will get your stop loss DTV for that investment
(SPY= $319.80) Hope this helps! :)
guys the DVT concept on the SPX, when that's hit, I consider it
to be a general exit to cash for market related instruments such as
one might hold in a longer term 401K. Could be SPY, VOO, SSO,
and a myriad of mutual funds that generally move with the market
like Fidelity Large Cap fund there's so many of those. guys
come on you can figure that stuff out. set an alarm for the DVT
price for the SPX, you don't have to figure out the exact price it
would be in some mutual fund or ETF, it's not rocket science
I could place SPY price and someone would say but I own VOO or
DIA or Merrill Lynch market fund, you will never please everyone by
placing an ETF price, I like the index for simplicity
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Sorry for a dumb question,
Posted by blayden on 29th of Sep 2020 at 02:19 pm
Sorry for a dumb question, but what do I actually buy in my 401k if I want to do the 401k DVT system trades? Thanks!
Many 401k's are limited with
Posted by peterwelsh on 29th of Sep 2020 at 05:20 pm
Many 401k's are limited with respect to investments. May only be a number of mutual funds or etf's. If that is the case, find one that replicates the index, probably S&P 500.
Well stated - 401k choices
Posted by steve on 29th of Sep 2020 at 05:26 pm
Well stated - 401k choices will vary depending upon what each employer offers but most have something that resembles (acts as a proxy) the SP 500 that would be suitable
SSO or SPY, QLD or
Posted by oatdust on 29th of Sep 2020 at 02:50 pm
SSO or SPY, QLD or QQQ. 1x or 2x S&P or NDQ---that would be conservative.
Buying individual stocks would be riskier, but would potentially give higher returns.
Just my opinion...
OK, thanks for response. It
Posted by blayden on 29th of Sep 2020 at 03:25 pm
OK, thanks for response. It sounds like you can't buy the actual S&P so lets say a person used SPY for the purchase.....they show the DVT stops, in terms of the actual S&P 500 price, so a person would just have to extrapolate that same % stop to the SPY ticker it sounds like. It would be nice to show the prices for entry and stops in terms of a ticker people are actually buying when trading the S&P DVT system, but I could be missing something.
If you want to see
Posted by signal46 on 29th of Sep 2020 at 07:21 pm
If you want to see what the DVT for SPY should be, just open a daily chart with candles or bars on the SPX and see what the low for the particular day the DVT was posted (3,209.45) then open a chart for the investment you are going into ( in our case the SPY) and look at the same date candle or bar that the DVT was posted and you will get your stop loss DTV for that investment (SPY= $319.80) Hope this helps! :)
Thanks for the great response
Posted by blayden on 29th of Sep 2020 at 10:21 pm
Thanks for the great response Signal46, appreciate it!
SPX index is best for
Posted by matt on 29th of Sep 2020 at 03:39 pm
SPX index is best for simplicty.
guys the DVT concept on the SPX, when that's hit, I consider it to be a general exit to cash for market related instruments such as one might hold in a longer term 401K. Could be SPY, VOO, SSO, and a myriad of mutual funds that generally move with the market like Fidelity Large Cap fund there's so many of those. guys come on you can figure that stuff out. set an alarm for the DVT price for the SPX, you don't have to figure out the exact price it would be in some mutual fund or ETF, it's not rocket science
I could place SPY price and someone would say but I own VOO or DIA or Merrill Lynch market fund, you will never please everyone by placing an ETF price, I like the index for simplicity