I actually got a phone call from one of you guys who left me a
voice mail, asking about the KISS daily systems.
in short there are two versions of the daily SPX KISS -
one tight one and one wider one - I added some text description on
that page discussing both make sure to read if you follow it as a
guide
https://breakpointtrades.com/current_dvts/#spx
but basically the one we show in the newsletters is the tigher
daily version, however I have a version that gives more room to the
DVT's, which has much less noise, which means the DVT's are not hit
as often. That wider version is best in bull markets where you are
uptrending and don't want to get stopped out 3 - 5 times a year on
the DVT's and I really like that version during bull markets.
again these are guides and as I've stated in bear markets the
longs are not going to make much money, the best you can hope for
is that they catch something on a 1 - 3 month bear market rally
before getting out. These are a guide and the market as we
know has a lot of issues given the backdrop of everything
Matt, First, thanks for responding to my questions. I am
trying to understand the KISS chart. How do I interrupt
the KISS chart. What is the indicator(s) to decide to go long
and what is the indicator(s) to get out. Thanks in
advance.
Posted by tmbrook1 on 23rd of Aug 2022 at 03:21 pm
I also do not understand the Kiss Charts. Are we to try to
use them in our daily trading to give us signals. Also are we
supposed to use the cycle charts in some way in our daily trading.
I understand these charts are updated daily so I do not know
how to use them in my trading. Thanks
regarding the KISS stuff - it's a trend like following system
(opposite to the reversion to mean systems), The DVT's are an idea
for a higher low stop like in a 401K that someone has a long
position in the market to the SPX and QQQ and want's to mostly stay
invested during bull market uptrends but with a adjusting
protective stop that gives you an exit plan and prevents you from
holding during 10%, 20%, 30% corrections. The two daily
versions there's a tigher one and a wider one - the wider one in
bull markets maybe only gets hit once or twice a year. It keeps you
invested in most of the uptrends and avoids the big crashes because
of the stop.
that said the big question now is, are we still in a bear
market, if so then the KISS trend charts as I've stated 1000 times
will give mostly sideways trades or small winners. The daily
systems went back long in July and have been able to raise their
stops multiple times so that the DVT is higher than entries.
But again if this is simply a bear market rally within a bear
market then we are not going to see a big trending trade here from
them.
The KISS stuff is a nice trending type tool for bull market
uptrends. That said I don't send out trade notifications for it as
I don't consider it as complete of a system as the reversion to
mean systems. To me it's more of a methodology and tool set that
you can use some subjective discretion with.
there's a video on the website that goes over some of it,
however that needs updated and is old and a bit outdated but gives
you an idea
KISS stuff comments to answer a question I received over voicemail
Posted by matt on 23rd of Aug 2022 at 11:55 am
I actually got a phone call from one of you guys who left me a voice mail, asking about the KISS daily systems.
in short there are two versions of the daily SPX KISS - one tight one and one wider one - I added some text description on that page discussing both make sure to read if you follow it as a guide
https://breakpointtrades.com/current_dvts/#spx
but basically the one we show in the newsletters is the tigher daily version, however I have a version that gives more room to the DVT's, which has much less noise, which means the DVT's are not hit as often. That wider version is best in bull markets where you are uptrending and don't want to get stopped out 3 - 5 times a year on the DVT's and I really like that version during bull markets.
again these are guides and as I've stated in bear markets the longs are not going to make much money, the best you can hope for is that they catch something on a 1 - 3 month bear market rally before getting out. These are a guide and the market as we know has a lot of issues given the backdrop of everything
https://breakpointtrades.com/current_dvts/#spx
Matt, First, thanks for responding
Posted by jdeen on 23rd of Aug 2022 at 02:58 pm
Matt, First, thanks for responding to my questions. I am trying to understand the KISS chart. How do I interrupt the KISS chart. What is the indicator(s) to decide to go long and what is the indicator(s) to get out. Thanks in advance.
Yes I was wondering myself
Posted by raymuy on 23rd of Aug 2022 at 03:01 pm
Yes I was wondering myself - the video is not really saying a lot about the specifications and how it works exactly
so I would also appreciate a full info about it - thanks in advance
I also do not understand
Posted by tmbrook1 on 23rd of Aug 2022 at 03:21 pm
I also do not understand the Kiss Charts. Are we to try to use them in our daily trading to give us signals. Also are we supposed to use the cycle charts in some way in our daily trading. I understand these charts are updated daily so I do not know how to use them in my trading. Thanks
regarding the KISS stuff -
Posted by matt on 23rd of Aug 2022 at 03:54 pm
regarding the KISS stuff - it's a trend like following system (opposite to the reversion to mean systems), The DVT's are an idea for a higher low stop like in a 401K that someone has a long position in the market to the SPX and QQQ and want's to mostly stay invested during bull market uptrends but with a adjusting protective stop that gives you an exit plan and prevents you from holding during 10%, 20%, 30% corrections. The two daily versions there's a tigher one and a wider one - the wider one in bull markets maybe only gets hit once or twice a year. It keeps you invested in most of the uptrends and avoids the big crashes because of the stop.
that said the big question now is, are we still in a bear market, if so then the KISS trend charts as I've stated 1000 times will give mostly sideways trades or small winners. The daily systems went back long in July and have been able to raise their stops multiple times so that the DVT is higher than entries. But again if this is simply a bear market rally within a bear market then we are not going to see a big trending trade here from them.
The KISS stuff is a nice trending type tool for bull market uptrends. That said I don't send out trade notifications for it as I don't consider it as complete of a system as the reversion to mean systems. To me it's more of a methodology and tool set that you can use some subjective discretion with.
there's a video on the website that goes over some of it, however that needs updated and is old and a bit outdated but gives you an idea
https://bpt-videos.s3.amazonaws.com/webinars/401K%20Kiss%20system%20website%20description.mp4
Thanks Matt
Posted by tmbrook1 on 23rd of Aug 2022 at 04:48 pm
Thanks Matt