I use SPY (or SH) for systems 1st entries, SDS for 2nd. I
do not have access to ES futures. I avoid options due to time
decay (and if I don't have the capital to buy shares, then I do not
take the trade vs. using options for leverage).
If I'm trading the systems and I don't trade futures, I will
still trade the ES signals but with SPY related ETF's in
substitute. By only taking the SPY signals you miss out on the
averaging and diversification effect - much of this year ES signals
have been better, not always the case, it goes back and forth,
which is why do both. again you don't need to trade futures to
follow the ES signals
Thanks Matt, so if not futures trading for ES signals, one could
use first entry SPY long /SH short, second entry SSO 2x long/SDS 2x
short, and for third entry UPRO 3x long/SPXU 3x short
Thanks Matt, so if not futures trading for ES signals, one could
use first entry SPY long /SH short, second entry SSO 2x long/SDS 2x
short, and for third entry UPRO 3x long/SPXU 3x short
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I use SPY (or SH)
I would be interested in a tally of how many ...
Posted by sethbru on 31st of Oct 2022 at 04:19 pm
I use SPY (or SH) for systems 1st entries, SDS for 2nd. I do not have access to ES futures. I avoid options due to time decay (and if I don't have the capital to buy shares, then I do not take the trade vs. using options for leverage).
If I'm trading the systems
Posted by matt on 31st of Oct 2022 at 04:21 pm
If I'm trading the systems and I don't trade futures, I will still trade the ES signals but with SPY related ETF's in substitute. By only taking the SPY signals you miss out on the averaging and diversification effect - much of this year ES signals have been better, not always the case, it goes back and forth, which is why do both. again you don't need to trade futures to follow the ES signals
Thanks Matt, so if not
Posted by bosco on 31st of Oct 2022 at 04:58 pm
Thanks Matt, so if not futures trading for ES signals, one could use first entry SPY long /SH short, second entry SSO 2x long/SDS 2x short, and for third entry UPRO 3x long/SPXU 3x short
Thanks Matt, so if not
Posted by bosco on 31st of Oct 2022 at 04:58 pm
Thanks Matt, so if not futures trading for ES signals, one could use first entry SPY long /SH short, second entry SSO 2x long/SDS 2x short, and for third entry UPRO 3x long/SPXU 3x short