Posted by DigiNomad on 13th of Jun 2022 at 04:52 pm
Short trade - I took it (with my own option twist) and love your
systems, but I also took a few long options trades on my own
against the SPX (SPY/XSP). Now I'm wondering if we're close to any
reversion to mean longs on the systems? Maybe I jumped the gun, but
the vol was juicy and I'm selling July 330 SPY puts on the long
side. Or maybe I'm stupid to not realize that if the reversion
systems didn't trigger after this many down days, the big drop is
still to come!
Looking back at the posts I can see where you could have misread
it. My experience is this is a great blog with many great
people posting. And people are people and misread or make mistakes.
Best to find Matt's posts and use those to the trades. I have
learned the hard way. This trade is a long trade. Great
stats under the systems tab.
guys - the systems are the systems - they are a collection of 21
algorithms that have a set methodical way they do things.
a good 1/2 of the time the systems don't' catch exact tops and
bottoms but need to scale into trades - per my comments earlier
maybe this bear long needs a 2nd entry or even a 3rd entry before
it plays out, and some other systems take trades who
knows.
The point is, treat the systems as something mutually exclusive
to your own trading and triggers. Follow your plan and your system
and triggers regardless of what the systems do.
Do the systems in a different account if possible, treat them
as their own thing
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Short trade - I took
Posted by DigiNomad on 13th of Jun 2022 at 04:52 pm
Short trade - I took it (with my own option twist) and love your systems, but I also took a few long options trades on my own against the SPX (SPY/XSP). Now I'm wondering if we're close to any reversion to mean longs on the systems? Maybe I jumped the gun, but the vol was juicy and I'm selling July 330 SPY puts on the long side. Or maybe I'm stupid to not realize that if the reversion systems didn't trigger after this many down days, the big drop is still to come!
The trade was a BEAR
Posted by bk1976 on 13th of Jun 2022 at 05:09 pm
The trade was a BEAR LONG.
Looking back at the posts I can see where you could have misread it. My experience is this is a great blog with many great people posting. And people are people and misread or make mistakes. Best to find Matt's posts and use those to the trades. I have learned the hard way. This trade is a long trade. Great stats under the systems tab.
Posted by matt on 13th of Jun 2022 at 05:14 pm
Great when you show the
Posted by mundy on 13th of Jun 2022 at 10:06 pm
Great when you show the stats for each sub system, thanks
All the system stats are
Posted by bk1976 on 13th of Jun 2022 at 10:39 pm
All the system stats are in the SPY tab
Systems, SPY, system statistics, long, short
one thing I'll point out,
Posted by matt on 14th of Jun 2022 at 08:27 am
one thing I'll point out, sometime I need to update those stats, it's been a good 1.5 years or so - I need to update those images again with new stats
and ES of course
Posted by matt on 13th of Jun 2022 at 05:17 pm
and ES of course
guys - the systems are
Posted by matt on 13th of Jun 2022 at 04:56 pm
guys - the systems are the systems - they are a collection of 21 algorithms that have a set methodical way they do things.
a good 1/2 of the time the systems don't' catch exact tops and bottoms but need to scale into trades - per my comments earlier maybe this bear long needs a 2nd entry or even a 3rd entry before it plays out, and some other systems take trades who knows.
The point is, treat the systems as something mutually exclusive to your own trading and triggers. Follow your plan and your system and triggers regardless of what the systems do.
Do the systems in a different account if possible, treat them as their own thing