James_Roe, thank you for answering. Could these charts be
released about 30 minutes before the market close, please? I would
like to avoid dealing with gaps.
Roy - these trend systems are meant to catch trending moves
lasting weeks to months, not a couple days.
while in the future we have some plans to be able to update the
KISS charts maybe a couple times a day, but it will require extra
cost - we have to get a new TS account, another computer, stuff
like that
but for now the KISS charts are updated shortly after the close,
which to me is fine, why? ETF's trade until 8 pm and some places
like IB now allow you to trade ETF's all night and on Sunday. And
if the average trade is lasting 1, 2, 3 months, seeing a signal
shortly after the close or entering it a day or so later doesn't
matter much. It's not like the reversion to mean systems that might
only be in the trade a few days or a week where you really don't
want to chase - some slippage here doesn't matter
also realize that it's a tool management system - while some of
the entries are great, I think it's a good tool to manage a
trending instrument that is already in an uptrend.
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James_Roe, thank you for answering.
KISS charts: XLF, KBE Banks, GLD Gold, GDX - these did extremely well
Posted by junkie on 20th of Mar 2023 at 03:21 pm
James_Roe, thank you for answering. Could these charts be released about 30 minutes before the market close, please? I would like to avoid dealing with gaps.
Roy - these trend systems
Posted by matt on 20th of Mar 2023 at 03:39 pm
Roy - these trend systems are meant to catch trending moves lasting weeks to months, not a couple days.
while in the future we have some plans to be able to update the KISS charts maybe a couple times a day, but it will require extra cost - we have to get a new TS account, another computer, stuff like that
but for now the KISS charts are updated shortly after the close, which to me is fine, why? ETF's trade until 8 pm and some places like IB now allow you to trade ETF's all night and on Sunday. And if the average trade is lasting 1, 2, 3 months, seeing a signal shortly after the close or entering it a day or so later doesn't matter much. It's not like the reversion to mean systems that might only be in the trade a few days or a week where you really don't want to chase - some slippage here doesn't matter
also realize that it's a tool management system - while some of the entries are great, I think it's a good tool to manage a trending instrument that is already in an uptrend.