For what it's worth, I would prefer one clear and concise
message just after the close (when a system takes a trade or closes
one out)...rather than a series of email notices or postings that
give a heads up of a "possible trade" coming. Seems
reasonable knowing the ETF's trade for several hours after the
close.
Doing it that way puts the responsibility on each subscriber to
check in at 4:00pm, and limits the amount of comments you feel
compelled to respond to. Today in particular I found the system
trade comments in the trading community quite a distraction (all
for nought, I might add). A lot of unnecessary back and forth as it
turned out.
I do not agree it is a distraction. My trade plan is to enter on
any such early e-mail notice. Often it gives me a very good trade
into the end of the day. Keep doing what you are doing Matt, it
works for many of us.
that said, Friday trades are weird for ES because of the way the
exchange adjusts the prices at times. I've seen cases where there
is a Friday trade, and then once you reopen the charts on a Sunday
it's no longer there, or vice versa no trade shows up on Friday but
then you see it there on Monday because of some data
readjustment
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Thanks for all your work
SPY bear long
Posted by RichieD on 10th of Feb 2023 at 04:26 pm
Thanks for all your work on these systems, Matt.
For what it's worth, I would prefer one clear and concise message just after the close (when a system takes a trade or closes one out)...rather than a series of email notices or postings that give a heads up of a "possible trade" coming. Seems reasonable knowing the ETF's trade for several hours after the close.
Doing it that way puts the responsibility on each subscriber to check in at 4:00pm, and limits the amount of comments you feel compelled to respond to. Today in particular I found the system trade comments in the trading community quite a distraction (all for nought, I might add). A lot of unnecessary back and forth as it turned out.
I do not agree it
Posted by mundy on 10th of Feb 2023 at 09:54 pm
I do not agree it is a distraction. My trade plan is to enter on any such early e-mail notice. Often it gives me a very good trade into the end of the day. Keep doing what you are doing Matt, it works for many of us.
no trigger on the ES
Posted by matt on 10th of Feb 2023 at 05:02 pm
no trigger on the ES bear long
that said, Friday trades are weird for ES because of the way the exchange adjusts the prices at times. I've seen cases where there is a Friday trade, and then once you reopen the charts on a Sunday it's no longer there, or vice versa no trade shows up on Friday but then you see it there on Monday because of some data readjustment