Posted by moshark99 on 2nd of Feb 2021 at 10:42 am
Hey Matt...Im out of SPY but got the notice too late on Friday
to get back in, was going to do some slightly ITM options, has the
train left the station, or do you think it would be worth
doing....Thanks (BTW is there a way to get a bit earlier
notice during the trading day)
First off regarding Friday I sent out an early notification
email mid day on Friday and followed up with probably 8 or 10
posts, then confirmed the trade 2 min after the close. SPY options
trade for 15 min after the close so was plenty of time to enter on
Friday - it's not like there was on email that was sent at the
close, was tons of communications all day on it.
that said entering the trade now? While you may elect to go long
the market on your own, don't do it because of the SPY system
trade, you missed the entry and yesterday rally and today's rally
pushed prices way to far from the entry to base a long on that
system. Again for someone looking to go back long the market
your decision should be based on other things and not the SPY
system trade
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Matt - Thanks for this
Early Trade notification regarding the open SPY Trend Pullback long - CLICK title link below to expand
Posted by shecar on 2nd of Feb 2021 at 10:37 am
Matt - Thanks for this breakdown. If we keep 1/2, will you still provide the signals for the original system as well? Exit signal, 2nd entries etc..
yes I will
Posted by matt on 2nd of Feb 2021 at 10:37 am
yes I will
Hey Matt...Im out of SPY
Posted by moshark99 on 2nd of Feb 2021 at 10:42 am
Hey Matt...Im out of SPY but got the notice too late on Friday to get back in, was going to do some slightly ITM options, has the train left the station, or do you think it would be worth doing....Thanks (BTW is there a way to get a bit earlier notice during the trading day)
First off regarding Friday I
Posted by matt on 2nd of Feb 2021 at 10:56 am
First off regarding Friday I sent out an early notification email mid day on Friday and followed up with probably 8 or 10 posts, then confirmed the trade 2 min after the close. SPY options trade for 15 min after the close so was plenty of time to enter on Friday - it's not like there was on email that was sent at the close, was tons of communications all day on it.
that said entering the trade now? While you may elect to go long the market on your own, don't do it because of the SPY system trade, you missed the entry and yesterday rally and today's rally pushed prices way to far from the entry to base a long on that system. Again for someone looking to go back long the market your decision should be based on other things and not the SPY system trade