Posted by jtsurfah on 29th of Jan 2021 at 03:38 pm
I've gotten in the habit of day trading the initial reversion to
mean email/call if the market looks bouncy then closing out for a
gain at the close or in the after market when the systems don't
actually trigger. I can't remember a time when it didn't
work. I did a massive trade on the potential RTM call today because
I got stopped out of all S&P by about 10 cents earlier in the
day....I was obviously set too tight. I'm not going to close that
out - just gave it some more room with new stops.
a 3rd sub system showing
SPY reversion to mean systems possible trade
Posted by matt on 29th of Jan 2021 at 01:21 pm
a 3rd sub system showing now, QE BTS, Trend/Pullback, and Strap
Does this mean 3 possible
Posted by cozz101 on 29th of Jan 2021 at 01:28 pm
Does this mean 3 possible first entries? It's been awhile, need to refresh on the rules!
they are individual sub systems
Posted by matt on 29th of Jan 2021 at 01:46 pm
they are individual sub systems - they are their own systems can have their own 1st entries.
otherwise at this very moment with the bounce off the lows, two of those sub system entries went away with only 1 left - that's why close matters
Thanks will stay alert near
Posted by cozz101 on 29th of Jan 2021 at 01:48 pm
Thanks will stay alert near the close!
also realize they don't confirm
Posted by matt on 29th of Jan 2021 at 01:55 pm
also realize they don't confirm until 2 min after the close
I've gotten in the habit
Posted by jtsurfah on 29th of Jan 2021 at 03:38 pm
I've gotten in the habit of day trading the initial reversion to mean email/call if the market looks bouncy then closing out for a gain at the close or in the after market when the systems don't actually trigger. I can't remember a time when it didn't work. I did a massive trade on the potential RTM call today because I got stopped out of all S&P by about 10 cents earlier in the day....I was obviously set too tight. I'm not going to close that out - just gave it some more room with new stops.
Knock on wood. Haha, maybe
Posted by jtsurfah on 29th of Jan 2021 at 03:41 pm
Knock on wood. Haha, maybe a bad idea to post that with 20 minutes left!