Hi Matt, I have been following your systems from way back in
2015. We appreciate your thoughts on the draw-downs and your
suggestions to make things less stressful for us as traders. Please
do not tweek too much!
I do enjoy the discussions on trading the systems. As you know I
have shared my spreadsheet I use for both the Macros/minis and also
options. My trading plan ALWAYS includes listening to the
newsletters. When you and Steve show possible downside and the
Trend/Pullback system goes long I DO NOT trade that one. I only
trade it on the 2nd entryand even down to the 4th entry if it
appears The charts have been quite bearish and therefore I do trade
the various levels that you and Steve post with short MNQ macros. I
set limits and take profits on the way down. So even though I live
with the draw-downs I do try to hedge on the way down.
Posted by pintopower on 4th of Oct 2023 at 07:15 am
Matt - I would agree with Mundy to please not tweak the systems
too much. For 2022, I usually ignored the first trade and
only took subsequent trades (SPY only) on your mean reversion
systems. I think when you look at the data from 2022,
subsequent trades we’re all positive. It was the initial
trades that were sometimes negative.
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Hi Matt, I have been
Posted by mundy on 3rd of Oct 2023 at 05:52 pm
Hi Matt, I have been following your systems from way back in 2015. We appreciate your thoughts on the draw-downs and your suggestions to make things less stressful for us as traders. Please do not tweek too much!
I do enjoy the discussions on trading the systems. As you know I have shared my spreadsheet I use for both the Macros/minis and also options. My trading plan ALWAYS includes listening to the newsletters. When you and Steve show possible downside and the Trend/Pullback system goes long I DO NOT trade that one. I only trade it on the 2nd entryand even down to the 4th entry if it appears The charts have been quite bearish and therefore I do trade the various levels that you and Steve post with short MNQ macros. I set limits and take profits on the way down. So even though I live with the draw-downs I do try to hedge on the way down.
Matt - I would agree
Posted by pintopower on 4th of Oct 2023 at 07:15 am
Matt - I would agree with Mundy to please not tweak the systems too much. For 2022, I usually ignored the first trade and only took subsequent trades (SPY only) on your mean reversion systems. I think when you look at the data from 2022, subsequent trades we’re all positive. It was the initial trades that were sometimes negative.