Systems follow up 2nd entries Straps

    Posted by matt on 9th of Dec 2022 at 04:06 pm

    funny - the Strap longs that I took off mid day. 30 points higher are taking a 2nd entry. SPY already has, ES shows one for the 5 pm close

    I said earlier that I would issue trade alerts when these take 2nd entries, but I hate issuing another one now - I generally want to avoid day trades. 

    A couple options would be: 1. just wait until Monday, maybe we'll get better prices, or 2, issue a reentry but only for one of them - maybe ES since  it has a short

    Taking your lead but will

    Posted by curranjohn on 9th of Dec 2022 at 04:46 pm

    Taking your lead but will wait till Monday. I had a bad feeling about spy today. As soon as you said EW had you out I went out. 

    Entry Monday if prices lower

    Posted by bpozdoll1717 on 9th of Dec 2022 at 04:34 pm

    Entry Monday if prices lower would be good.   Second entries do really well and thirds outstanding. If we enter halfway between a 2nd and 3rd entry, seems like a high probability trade.  

    Thanks Matt for updates, Steve

    Posted by retirefire on 9th of Dec 2022 at 04:23 pm

    Thanks Matt for updates, Steve all the best.  Enjoy the birthday cake

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