Regarding the systems,
first off the open systems: SPY: (1st and 2nd entry DVDS
Short),
- ES: (1st entry DVDS Short and 1st Entry
Breakout Long)
The open short on the SPY and ES systems via the DVDS sub
system is not yet closing out. We did take off one of the put
options this morning, though in hindsight I should have waited
until later morning LOL. These systems should remain short, however
are probably getting close to closing out
The ES breakout system will be stopping out today at the close -
that said depending on how we close, I may elect to stay long with
a hard stop if I think the market is set to put in a bounce, in
order to get better exit prices
New Trades today
The Trend/Pullback sub system is looking to take a 1st entry
long on both SPY and ES
Sounds good; I opted to sell the short for a nice quick profit
although it may bear more fruit. I can only wrap my head
around one direction at a time so will check back in to see if we
are getting long at the close.
And love the idea of a separate page for these spy system
trades. That way it doesn't get lost in the general blog.
as far as multiple systems both long and short - I actually like
that - if you have an open long and short at the same time you are
hedged perfectly for that time and both systems could make a profit
in the ends or one or the other.
regrading the systems - we are planning to add a separate page
on the Trading Community specifically just for the systems where I
will post them and you can ask questions there so that it's not all
buried here
Update on SPY and ES systems
Posted by matt on 6th of Apr 2022 at 01:26 pm
Regarding the systems, first off the open systems:
SPY: (1st and 2nd entry DVDS Short),
- ES: (1st entry DVDS Short and 1st Entry Breakout Long)
The open short on the SPY and ES systems via the DVDS sub system is not yet closing out. We did take off one of the put options this morning, though in hindsight I should have waited until later morning LOL. These systems should remain short, however are probably getting close to closing out
The ES breakout system will be stopping out today at the close - that said depending on how we close, I may elect to stay long with a hard stop if I think the market is set to put in a bounce, in order to get better exit prices
New Trades today
The Trend/Pullback sub system is looking to take a 1st entry long on both SPY and ES
Sounds good; I opted to
Posted by cozz101 on 6th of Apr 2022 at 01:51 pm
Sounds good; I opted to sell the short for a nice quick profit although it may bear more fruit. I can only wrap my head around one direction at a time so will check back in to see if we are getting long at the close.
And love the idea of a separate page for these spy system trades. That way it doesn't get lost in the general blog.
as far as multiple systems
Posted by matt on 6th of Apr 2022 at 01:55 pm
as far as multiple systems both long and short - I actually like that - if you have an open long and short at the same time you are hedged perfectly for that time and both systems could make a profit in the ends or one or the other.
regrading the systems - we
Posted by matt on 6th of Apr 2022 at 01:37 pm
regrading the systems - we are planning to add a separate page on the Trading Community specifically just for the systems where I will post them and you can ask questions there so that it's not all buried here
Great Idea
Posted by steve on 6th of Apr 2022 at 01:46 pm
Great Idea