SPY System open trade update

    Posted by matt on 4th of Feb 2021 at 02:54 pm

    First off as you know the SPY Pullback/Trend trade exited on Monday for a nice gain, we chose to exit the options but keep the ETF portion as the original system was going to continue holding longer, so far so good. I thought today finally that the original system would exit but looks like it's going to continue holding. As I discussed the last couple of times the current one has the more aggressive exit condition to help prevent the system from getting stuck in those bad trades (like Mar) however in doing so you give up profit on the majority of other trades that are typically held longer. Anyway it's still holding, I'll let you know when something changes

    Very good update. Thank you

    Posted by mkhandjian on 4th of Feb 2021 at 02:57 pm

    Very good update. Thank you Matt.

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