At the moment the bear long is meeting conditions for a higher
low 2nd entry. Honestly I don't know why it didn't enter 2nd and
3rd entries on the two short-term pullbacks in late July and early
Aug. It's been years since I've looked at the higher entries so I
may need to revisit the logic on those to see if I keep it the same
or make some adjustments.
again the high entry prices as I've covered is only possible on
a few strategies such as the bear long, RSI Oversold, and the Bear
Exhaustion - they only occur after a lot of profit is already
locked in, and attempt to buy a shallow pullback in the uptrend to
capture more gains. here's an image from the past showing some of
those higher entries
I don't know what you are asking. It would be a second entry for
the bear long system, which still has the open long entry from July
13th. It would just be an additional entry to that open sub system
trade
that said with the move off the lows that higher low entry won't
be occurring now
Posted by DigiNomad on 18th of Aug 2022 at 03:40 pm
Matt, I can't recall a "scale in" feature for other systems when
there is a winning trade in place. It seems like they typically
only take additional entries after the 1st entry was early
(unrealized losses). Or maybe I just haven't noticed this
feature?
Posted by retirefire on 18th of Aug 2022 at 03:47 pm
It's rare occurrence to take a second entry above the initial
entry on a long trade. Never seen it on a short system trade
though. Since I didn't hold the initial entry I wouldn't
take the trade now (it's currently off anyway), but like you
posted great info to adjust ones plan if needed.
Matt it would be great to see the SPX sell down to the lower
trend line on your 10 minute SPX chart to get an even better 2nd
entry assuming the bear long triggers
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ES bear long may take a 2nd entry today
Posted by matt on 18th of Aug 2022 at 12:59 pm
At the moment the bear long is meeting conditions for a higher low 2nd entry. Honestly I don't know why it didn't enter 2nd and 3rd entries on the two short-term pullbacks in late July and early Aug. It's been years since I've looked at the higher entries so I may need to revisit the logic on those to see if I keep it the same or make some adjustments.
again the high entry prices as I've covered is only possible on a few strategies such as the bear long, RSI Oversold, and the Bear Exhaustion - they only occur after a lot of profit is already locked in, and attempt to buy a shallow pullback in the uptrend to capture more gains. here's an image from the past showing some of those higher entries
if we didn't get in
Posted by blayden on 18th of Aug 2022 at 02:15 pm
if we didn't get in on the first entry for the Bear Long would you bite on the 2nd entry, or let it go?
Are these considered a separate
Posted by steverobin on 18th of Aug 2022 at 02:07 pm
Are these considered a separate trade or the same trade? Just wondering about the stats on additional entries
I don't know what you
Posted by matt on 18th of Aug 2022 at 03:36 pm
I don't know what you are asking. It would be a second entry for the bear long system, which still has the open long entry from July 13th. It would just be an additional entry to that open sub system trade
that said with the move off the lows that higher low entry won't be occurring now
Matt, I can't recall a
Posted by DigiNomad on 18th of Aug 2022 at 03:40 pm
Matt, I can't recall a "scale in" feature for other systems when there is a winning trade in place. It seems like they typically only take additional entries after the 1st entry was early (unrealized losses). Or maybe I just haven't noticed this feature?
It's rare occurrence to take
Posted by retirefire on 18th of Aug 2022 at 03:47 pm
It's rare occurrence to take a second entry above the initial entry on a long trade. Never seen it on a short system trade though. Since I didn't hold the initial entry I wouldn't take the trade now (it's currently off anyway), but like you posted great info to adjust ones plan if needed.
Matt it would be great
Posted by DK on 18th of Aug 2022 at 01:51 pm
Matt it would be great to see the SPX sell down to the lower trend line on your 10 minute SPX chart to get an even better 2nd entry assuming the bear long triggers