also regarding that Trend/Pullback system, as you know I made some changed after that March sell off earlier this year to really tighten up the systems, adding additional exit opportunities etc, I went over each sub system and I think they've been doing great since summer when the systems started to trade again. 

    On this Trend/Pullback, here's a few images that show you the difference between the old Trend/Pullback and the updated one I made after that March sell of.

    The first image, the modified one is at top, the original one is at bottom. You can see how the original one get stuck in that late Feb trade and held through that sell off finally closing out in late April. You can also see that that it tends to hold trades longer, compare the two and you can see that.  The newer one at top you can see exits on the bounce in late Feb thus avoiding that sell off, but doesn't catch those nice 2 and 3 week or month long trades, it closes out after a simple reversion to mean move back above the 8 SMA.  

    So the newer one has less risk since it can exit easier, but it also makes less money, about 1/2 over the old version because it doesn't get to hold the nice winning trades, see the second image showing the statistics of the original vs the newer one.  

    that said I've been meaning to go back to the new system and I think I can add some additional filters and stops to allow it to still catch the nice trending moves that the old one caught but still have the draw down protection of the newer one.  One option would be if the BPT MA is above the ribbons (like it is now) then allow the system to use the old exit, but also place a DVT stop at that low.  I could also do a combination such as selling 1/2 once the reversion to mean occurs where the newer one exits and then hold the rest with a stop, that would then exit by the old rules

    anyway just sharing some things with you. that's why I sold 1/2 today and keeping the other 1/2.

    Hey Matt, I've subscribed to

    Posted by tradeit007 on 26th of Oct 2020 at 09:30 am

    Hey Matt, I've subscribed to numerous newsletters in the past, and NO ONE puts forth the effort to educate and share knowledge with their subscribers like you do. And remarkably, you do it every day. Thank you!! I can't say it often enough.

    I couldn't agree more. I

    Posted by pkrsek on 26th of Oct 2020 at 12:45 pm

    I couldn't agree more. I subscribe to several newsletters and quite a few institutional research services. I've gotten more actionable ideas from BreakPointrades.comthan any other service. I would never give it up. 

    thank you very much for

    Posted by matt on 26th of Oct 2020 at 09:41 am

    thank you very much for the kind words and feedback!  We are not perfect by any means but we do the work, put in a lot of effort, and like you said it's nearly every day, not a newsletter a week like quite a few places I know

    Solid information thank you Matt.

    Posted by mundy on 23rd of Oct 2020 at 04:38 pm

    Solid information thank you Matt.

    THANK YOU FOR YOUR HARD

    Posted by johnpaw1 on 23rd of Oct 2020 at 04:25 pm

    THANK YOU FOR YOUR HARD WORK , MATT

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