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

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