yep! and it looks like the systems will likely close out
today!
Also guys, I knew the market was getting close to a pullback,
here's a message I got on Monday 16th
matt you talk about how the market you think is going higher ,
why in the systems are there so many short positions?
thanks
whenever I start getting those comments/questions about the
systems because they are taking a bit of heat, I know that the
market is about due to turn. Comments like that are sort of like my
VIX indicator
realize guys, I'm NOT making fun of this person, and I get it,
folks tend to get the most bearish or bullish near inflection
points, it's what the market is designed to do with people's
emotions. I've seen enough of these comments/ questions over the
years, that I actually like seeing them because I know that a
reversal is probably near
I find it hard to be fighting a trend near reversal points. I
can only do it with index options now. A long official trade would
have gone a long way to rebalance that discomfort, IMHO.
Professional money managers do it this way, yet they have much
large accounts.
Posted by bpozdoll1717 on 18th of Jan 2023 at 11:33 am
Breakpoint veterans know to be patient. I was going to
post earlier this week that the systems struggling out of the gate
in January were no reason to panic.
SPY system short looking good
Posted by EdZ on 18th of Jan 2023 at 11:22 am
SPY system short looking good now.
yep! and it looks like
Posted by matt on 18th of Jan 2023 at 11:26 am
yep! and it looks like the systems will likely close out today!
Also guys, I knew the market was getting close to a pullback, here's a message I got on Monday 16th
matt you talk about how the market you think is going higher , why in the systems are there so many short positions? thanks
whenever I start getting those comments/questions about the systems because they are taking a bit of heat, I know that the market is about due to turn. Comments like that are sort of like my VIX indicator
Funny!
Posted by brophy on 18th of Jan 2023 at 11:27 am
Funny!
realize guys, I'm NOT making
Posted by matt on 18th of Jan 2023 at 11:31 am
realize guys, I'm NOT making fun of this person, and I get it, folks tend to get the most bearish or bullish near inflection points, it's what the market is designed to do with people's emotions. I've seen enough of these comments/ questions over the years, that I actually like seeing them because I know that a reversal is probably near
I find it hard to
Posted by junkie on 18th of Jan 2023 at 11:40 am
I find it hard to be fighting a trend near reversal points. I can only do it with index options now. A long official trade would have gone a long way to rebalance that discomfort, IMHO.
Professional money managers do it this way, yet they have much large accounts.
Breakpoint veterans know to be
Posted by bpozdoll1717 on 18th of Jan 2023 at 11:33 am
Breakpoint veterans know to be patient. I was going to post earlier this week that the systems struggling out of the gate in January were no reason to panic.
STS = Stick to System
Posted by patellee on 18th of Jan 2023 at 11:41 am
STS = Stick to System
Ha ha, good job with
Posted by matt on 18th of Jan 2023 at 11:42 am
Ha ha, good job with that