NEED HELP!! presently in a QID position . Looks like it
has been deleted from the listing . Please put back on . I
have an investment presently. I am sure it was just an
oversite been a member over 10 years. Thanks for your
attention in this matter.
guys inverse ETF's make no sense for the KISS systems. The KISS
systems are designed to be long only. When the systems are in
cash does not mean it's a good short. uptrends and topping is
a process and far different behavior than downtrends/corrections.
Uptrends tend to last for months and months, drift higher etc.
Whereas corrections tend to be violent, and over a faster
time frame, and the emotion of fear manifests itself differently on
selloffs than greed (uptrends). When developing the KISS
systems, for shorts I would have to use completely different logic
and rules than I use for the long only. I've commented on this
dozens and dozens of times. Most likely the conditions would have
to be MUCH tigher for shorts giving them less room (because of the
fact that corrections to to be over much more quickly vs going on
for long periods of time.
I've commented that the KISS systems is profitable for most
indexes and stocks with profit factors of 3, 4, 5, etc. But what
isn't the system profitable on? inverse ETF's! And this
makes sense given that the systems are not designed to manage
shorts. Yes the inverse ETF moves up like a long when the market
goes down, but it does NOT behave like a long in an uptrend. The
inverse ETF's on the KISS systems have profit factors below 1, such
as 0.5, 0.3 etc, completely not profitable, and is why I removed
them. They should have never been on the list anyway (they came by
default with the ETF's
For something like QID - it's like the market, it really needs
to hold Thursday's lows, so is an area to consider as a stop (your
choice as I'm not an advisor and can't offer advice, just
information for you to act on. As far as the market make sure
to listen to my newsletter when I put it out. Also side note the
KISS system has it's stop where that higher is, which matches the
important area anyway that I just discussed
Posted by mastermind on 28th of Aug 2023 at 01:41 am
But Matt, you still have several inverse ETFs on the list -
LABD, SPXS, TZA, SDOW, etc. I see that you have removed some, but
then why do some still remain?
because I wasn't aware of them, I'll be removing them. For
now I'll add the QID back since najor is following it at the
moment, but again long term the system doesn't make sense on
inverse ETF's as it's not designed to manage shorts
NEED HELP!! presently in a
Posted by najor on 27th of Aug 2023 at 05:56 pm
NEED HELP!! presently in a QID position . Looks like it has been deleted from the listing . Please put back on . I have an investment presently. I am sure it was just an oversite been a member over 10 years. Thanks for your attention in this matter.
guys inverse ETF's make no
Posted by matt on 27th of Aug 2023 at 06:38 pm
guys inverse ETF's make no sense for the KISS systems. The KISS systems are designed to be long only. When the systems are in cash does not mean it's a good short. uptrends and topping is a process and far different behavior than downtrends/corrections. Uptrends tend to last for months and months, drift higher etc. Whereas corrections tend to be violent, and over a faster time frame, and the emotion of fear manifests itself differently on selloffs than greed (uptrends). When developing the KISS systems, for shorts I would have to use completely different logic and rules than I use for the long only. I've commented on this dozens and dozens of times. Most likely the conditions would have to be MUCH tigher for shorts giving them less room (because of the fact that corrections to to be over much more quickly vs going on for long periods of time.
I've commented that the KISS systems is profitable for most indexes and stocks with profit factors of 3, 4, 5, etc. But what isn't the system profitable on? inverse ETF's! And this makes sense given that the systems are not designed to manage shorts. Yes the inverse ETF moves up like a long when the market goes down, but it does NOT behave like a long in an uptrend. The inverse ETF's on the KISS systems have profit factors below 1, such as 0.5, 0.3 etc, completely not profitable, and is why I removed them. They should have never been on the list anyway (they came by default with the ETF's
For something like QID - it's like the market, it really needs to hold Thursday's lows, so is an area to consider as a stop (your choice as I'm not an advisor and can't offer advice, just information for you to act on. As far as the market make sure to listen to my newsletter when I put it out. Also side note the KISS system has it's stop where that higher is, which matches the important area anyway that I just discussed
But Matt, you still have
Posted by mastermind on 28th of Aug 2023 at 01:41 am
But Matt, you still have several inverse ETFs on the list - LABD, SPXS, TZA, SDOW, etc. I see that you have removed some, but then why do some still remain?
OK, I'm still following LABD,
Posted by mastermind on 28th of Aug 2023 at 11:39 am
OK, I'm still following LABD, but I'll manage it on my own if you think it's better to remove it.
because I wasn't aware of
Posted by matt on 28th of Aug 2023 at 08:50 am
because I wasn't aware of them, I'll be removing them. For now I'll add the QID back since najor is following it at the moment, but again long term the system doesn't make sense on inverse ETF's as it's not designed to manage shorts
ETA on the weekly kiss
Posted by jonesy85 on 28th of Aug 2023 at 08:57 am
ETA on the weekly kiss signals being available? Are the weekly kiss on the mega tab 10 still long? Thanks and solid weekend video!