I trade ES, SPY, TQQQ, SQQQ, etc. using my own systems and
techniques. This is not a criticism of the systems per se. I think
Matt has the right idea of combining a lot of different strategies
and he certainly puts a lot of work into it, and shows success. But
you MUST be ready for the drawdowns. And some can be big. Or plan
to use stops. Trailing ATR and ParSar are good places to start your
research. You can google the many stop-placement strategies that
exist. Just my opinion.
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I trade ES, SPY, TQQQ,
I would be interested in a tally of how many ...
Posted by brophy on 31st of Oct 2022 at 08:26 pm
I trade ES, SPY, TQQQ, SQQQ, etc. using my own systems and techniques. This is not a criticism of the systems per se. I think Matt has the right idea of combining a lot of different strategies and he certainly puts a lot of work into it, and shows success. But you MUST be ready for the drawdowns. And some can be big. Or plan to use stops. Trailing ATR and ParSar are good places to start your research. You can google the many stop-placement strategies that exist. Just my opinion.