I realize that I need to read more about what you've written
about these systems. It wasn't clear to me that only a few
systems would apply under these market conditions. What isn't yet
clear to me is the approximate risk level for each and which is
likely to be held for the shortest duration. I don't know whether
to jump on each trade or try to be selective. Thanks for taking the
time to clarify this. I didn't want you to feel obligated to do
that during market hours and appreciate your efforts.
not everything is covered and that section needs to be totally
redone (which will be but we've focused on providing trades vs
making everything pretty for marketing) but read the long
description page there for an overview and understanding
you don't need to understand the systems. All you guys have to
do is decide how much capital you decide to allocate to the systems
if you are going to trade them - best if you can put that money in
a separate account. The systems are very mathematical and
methodical, unlike most people who are emotional and undisciplined.
They are easy to follow as I send out trade entries and exits. And
again in these market conditions, only a few systems could ever be
in the market - the majority of the systems couldn't enter trades
under these conditions because many only trade in bull markets or
uptrending markets- most cannot trigger.
Also your comment about not knowing what trades you entered?
that's not our fault - you have to keep track of your own
trades
also you can figure that out easily - go and look at the
dates you entered those trades - then refer to the trade table, you
should be able to match them up!
here's the trade table with dates entered
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Claire these systems are purely
Matt, just so i get my exits right... SPY trade ...
Posted by mirhamedali on 28th of Sep 2022 at 02:19 pm
Claire these systems are purely mechanical and proprietary. I wouldnt try to understand the different systems... That's just my opinion.
I realize that I need
Posted by claire on 28th of Sep 2022 at 02:32 pm
I realize that I need to read more about what you've written about these systems. It wasn't clear to me that only a few systems would apply under these market conditions. What isn't yet clear to me is the approximate risk level for each and which is likely to be held for the shortest duration. I don't know whether to jump on each trade or try to be selective. Thanks for taking the time to clarify this. I didn't want you to feel obligated to do that during market hours and appreciate your efforts.
not everything is covered and
Posted by matt on 28th of Sep 2022 at 02:35 pm
not everything is covered and that section needs to be totally redone (which will be but we've focused on providing trades vs making everything pretty for marketing) but read the long description page there for an overview and understanding
https://breakpointtrades.com/new_spy/#home
read the FAQ
https://breakpointtrades.com/new_spy/#faq
look over the statistics (which only show spy) but they show statistics and things like max draw down,
https://breakpointtrades.com/new_spy/#stats
Thanks again. I'll do my
Posted by claire on 28th of Sep 2022 at 02:39 pm
Thanks again. I'll do my homework this time.
back to focusing on the
Posted by matt on 28th of Sep 2022 at 02:35 pm
back to focusing on the market
you don't need to understand
Posted by matt on 28th of Sep 2022 at 02:26 pm
you don't need to understand the systems. All you guys have to do is decide how much capital you decide to allocate to the systems if you are going to trade them - best if you can put that money in a separate account. The systems are very mathematical and methodical, unlike most people who are emotional and undisciplined. They are easy to follow as I send out trade entries and exits. And again in these market conditions, only a few systems could ever be in the market - the majority of the systems couldn't enter trades under these conditions because many only trade in bull markets or uptrending markets- most cannot trigger.
Also your comment about not knowing what trades you entered? that's not our fault - you have to keep track of your own trades
also you can figure that out easily - go and look at the dates you entered those trades - then refer to the trade table, you should be able to match them up! here's the trade table with dates entered