heading out, won't be here today

    Posted by matt on 11th of Nov 2022 at 06:52 am

    Should there be any system trades, James will send out, but I don't see those triggering, no shorts. and I'm surprised the Breakout sub system didn't trigger quite honestly. I also imagine we'll see a new MUCH DVT stop today generated on the SPX KISS trend system

    otherwise - seems like some of these recent posts are from emotion after a huge up day. Try to keep emotions at bay. Things like I said the market was bottomed at this price for the year, okay great job, we know that as it's been reiterated 20 times. We had clear 5 waves down  in Oct and in my mind that was very powerful - and the rubber band got so stretched. Also depends on what type of low we had - if it was the major wave A of the bear market then this could go further than people thing to the upside. But it doesn't matter. also -I have longs and even though I'm gone today

    try to keep emotions at bay. trade your plan, and have conviction with your plan and your trades. but NEVER get over confident thinking you've figured it all out - Basically have conviction and some confidence in your system, but ALWAYS stay humble!

    one guy Steve and I follow, won't mention his name, he nailed it almost perfect  for most of the year - then he started bragging like crazy about how good he was, how he's figured it all out because he developed this amazing approach - I commented to Steve - that guy has been good this year, but he better shut up, the market gods will be coming for him to knock him in its place -and BOOM that's what's been happening to him here lately.  

    have fun guys - don't over stress about the market, even if you did not get positioned as strongly early yesterday as you would have liked and now feel like you don't have enough longs - best to regroup and set a plan. 

    later

    Good words, Matt. I have

    Posted by mdgfain on 11th of Nov 2022 at 09:20 am

    Good words, Matt. I have been through the whole roller coaster. “The thrill of victory and the agony of defeat” this year. Consider me humbled!

    Thanks Matt, have a great

    Posted by morton7 on 11th of Nov 2022 at 08:49 am

    Thanks Matt, have a great day away!

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