I just joined, 6 months

    Posted by ruidoso on 23rd of Aug 2024 at 08:39 am

    I just joined, 6 months ago, after along time thinking about it.  Now you are going to raise my rate?  I have not even figured out old kiss system.  People call me killer, because I expect things to work, and ask for help.  Guess I come off as harsh...  sorry....   ES number, I rely on, are now not updated, because of a vacation?????   I paid for this, should not have to go looking for them, Steve has a phone and can update...   Guess killer asks for too much...  I will not be renewing....   

    Best of luck Ruidoso.  To

    Posted by patellee on 23rd of Aug 2024 at 03:51 pm

    Best of luck Ruidoso.  To each their own.  At the end of the day, if you are going to become a trader, you need to hold yourself accountable and not look for "reasons" else you will encounter the same outcomes over and over.  This is not BPT or Matt's fault.  Matt runs a business and can charge whatever he wants.  If you don't find value, you can look elsewhere.  You get a daily newsletter, a board with commentary, systems, etc.  Good luck finding that elsewhere.

    There's a link to the

    Posted by James_Roe on 23rd of Aug 2024 at 01:03 pm

    There's a link to the ES levels from twitter on the sticky, here it is again, you can follow along there while Steve is gone.

    https://x.com/smashelito 

    ruidoso = best for sending that

    Posted by matt on 23rd of Aug 2024 at 09:56 am

    ruidoso = best for sending that message in or setting up a time and talk to us, posts like that here get buried and we are busy trading during the day. I hate writing something like this in the middle of the trading day where it guts buried. I'll email this to you in case you don't see it

    that said, we are not raising general membership prices - BPT membership has bee $300 for 6 months since 2011! 13 years! So despite all the inflation everywhere else, McDonalds, grocery store and food, houses, healthcare, anything at Home Depot or Lowes (much of the raw material has doubled), we are not raising prices.  Since 2011 I have a lot more expenses here including James and Steve and Sara, and YET, I'd say we have LESS subscribers now than we did in 2011!  If we had a lot more subscribers that would be one thing, but we don't, we have less.  So we make less than we did 13 years ago.

    The KISS systems - You've been here 6 months, I've been very transparent that we were going to charge something for that service, where have you been? Why didn't setup an appointment and talk to us months ago? The KISS systems added a lot of expenses that I've been eating for the last 18 months.  

    Also - there will be a free portion of the KISS systems, so you still get that, and you get all the mean reversion systems trades, the newsletters, the trade ideas etc

    I really appreciate you subscribing and trying us out!  But I'd probably venture to guess that the reason why it bothers you that we are going to charge a fee to use the KISS systems is that maybe you haven't been able to formulate a trading plan about what are you choosing to use here, and have not been making money.  BPT has a LOT of info, something for everyone. This is not a day traders website but there is ideas here for day traders. Tons of info for swing traders, for retired not trading folks who are just trying to position trade a few times a year and may use the KISS systems to help manage their 401K index positions. There's something for systems trades here with all the systems trades. There's something for index traders who are trading the market indexes. There's something for gold bugs who trade and hold gold, silver, mining stocks. There's actionable trade ideas for those who wish to do those. There's something for everyone and most should not try to use everything, but instead use the inflation that fits your trading style, personality, and trading plan. 

    When I mentioned that maybe you have struggled so far to use the information or you have not been taking systems trades etc - my guess  is that you have not yet figured out a plan to use the information here to make money. And that's fine, it takes time, depends on emotion and discipline, how much time you put in etc, it's different for everyone.

    but I bring this up because some of the folks I have talked to over the last 6 months have told me about the 1000's of dollars they've made on the mean reversion system trades, on the KISS systems, some of these guys have made a couple hundred thousand this year. Folks who are making money with the tools would generally not care about some small fee to use something here. If you made $10,000 on one of the KISS system trades or one of the mean reversion systems, would you really care about $30 or $40 a month? I would guess not.  

    again if you have been struggling, you should have reached out to us -  I talk to tons of subscribers on the phone, many of which I've become close friends with and who I talk to quite regularly about anything, not just trading, but life, and politics, family etc.  If you reach out, we can setup a personal zoom - you can show me what you've been doing, and ask tons and tons of questions, I can try and help you format a plan and give help (I'm not a financial advisor) so I can't technically advise you but I can look at your plan and give some suggestions or talk about things I would do, hopefully help put you on a good path.    

    again I'm only guessing here and may be wrong, i'm just going on common sense, if you've been kicking ass and taking names over the last 6 months making nice profits, I would dare to venture that you would not care about some small charge.  That's just my guess 

    Trading is easy in concept but is hard in reality because we are humans. Emotion gets in the way, not having a disciplined plan and strategy in place. Not using stops, there's a lot of variables to overcome - which is why most people fail at it.  The systems are nice because they give you a plan or at least they have discipline with stops, targets, taking profits. That said - trading systems can be hard for people as well, why? Because they let emotions get in the way, they don't trust the system trades and they either don't do them or they get scared and sell for a loss even though the system hasn't sold etc. Even when trading systems you have to set a plan such as how much capital you are using for the systems trades (if you go balls to the walls too much, then you risk getting nervous on just noise and may exit trades because you are nervous). Or you might be picking and choosing system trades and you have hardly done any of them - as I've said before, I can always think of a reason NOT to do a system trade because I'm nervous or think prices go lower - and you know what, sometimes I'm right, but most of the time it would have been better to just do all the trades because before you know it, a year goes by and you didn't take any mean reversion system trades or KISS system trade, I know because that happened to me!   Again even with systems, you still have to formulate a trading plan - if you don't and are just going about it willy nilly, you risk falling into this trap and spinning your wheels 

    Matt, your response to ruidoso

    Posted by auni on 23rd of Aug 2024 at 02:14 pm

    Matt, your response to ruidoso was a great post.  I've been here since about 2007?  I probably fucked up a lot at first.  It took years to develop the discipline to even take the KISS trades, for example.  I understand how ruidoso feels(emotion).

    Yesterday I lost almost $40k.  I didn't watch the market closely yesterday, as I always do, because, I have the STS stops in place.  

    So, I tell myself don't panic sell.  Worst case, I lose a bunch of unrealized gains (hahaha) but, I don't get wiped out because, I have STS.   

    Today the sunshine came back out.

    I wrote a few weeks back to MATT that, "I love to KISS."  I got taken out of a bunch of positions in that big correction and lost a bunch of unrealized gain.  But, I still made a bunch of money on all of my KISS trades because, I had the STS in place. 

     When I got home from work I saw I was stopped out!!!  But, I slept well at night for months on these positions because, I knew I wouldn't take a loss because of STS.  Just like yesterday's big down day was an emotional day, but, I stayed frosty.

    And, let me tell you, I so wanted to sell yesterday - fear.

    In conclusion, it is hard to be a killer.  Every morning I get up before the market opens here on the West Coast and play, Welcome to the Jungle(great song).  It reminds me I'm not a killer I'm in the jungle and I have to stay frosty.

    Auni





    finally got back!   Thanks auni

    Posted by matt on 23rd of Aug 2024 at 03:48 pm

    finally got back!  

    Thanks auni for the comments.

    Actually I speed read his post and missed the point where he was complaining about the ES levels instead?  To me that's so dumb, and ridiculous. Steve has been posting those ES levels for a while. I thought I did folks a favor by posting the Twitter link where Steve gets those so that folks can get them on their own.  It's busy work every day for me to go there and see what the guy posts, then updated that sticky post. I don't personally use them because I don't know exactly how he generates them. I assume he's getting them from the volume by price profile but I don't know the details. I also don't like relying on 3rd party stuff like that because what happens if the person goes away and stops posting them etc. I like things that I make on my own - I like my TICK SPX levels, systems, and supply/demand zones

    Also - okay so you trade ES futures, that's why you are here.  Okay then I assume you've been taking the SPY and ES systems trades?? If you have not, why not?  I send out trade alerts specifically for ES futures for the mean reversion systems, they have done very well, so if you have not been following those, why not, you are here for ES. And you can substitute ES in place of the SPY signals. 

    Also - I'm not in a good mood, I just got back from the funeral of a 12 year girl, that was closed casket because the ATV fell on her head and was not able to show her.  I had to see her mom and grandparents breaking down etc.  So I'm a bit annoyed about having to deal with someone complaining that I didn't update the ES sticky levels, when I provided the link for it to get on your own

    anyway today's almost done thank god

    Thank you

    Posted by ruidoso on 23rd of Aug 2024 at 04:19 pm

    Thank you

    And then you listen to

    Posted by mastermind on 23rd of Aug 2024 at 02:53 pm

    And then you listen to the Jim Rome show and hear Welcome to the Jungle again?

    Jim Rome?   I've been listening

    Posted by auni on 23rd of Aug 2024 at 05:19 pm

    Jim Rome?  

    I've been listening to Welcome to Jungle in the morning from sometime around early 2000.  How long has Jim what's his nose  been around? I really don't know and I Googled him and still don't know.  

    I've been trading gold and such from 1979... was Jim even born?

    nice! a long term 'Gold

    Posted by matt on 23rd of Aug 2024 at 09:06 pm

    nice! a long term 'Gold Bug' LOL.  

    I can can see gold longer term going to at least 3000 an ounce but 5000 would not surprise me

    Silver - I think it eventually exceeds the $50 highs that it hit in 1980 and 2011, the next time it gets up there I think it eventually takes that out. Maybe 75 silver one day? 

    Jim has been on the

    Posted by jimmytheshoer on 23rd of Aug 2024 at 05:48 pm

    Jim has been on the radio since 1994 at least in California. I won both his Big Call of The Day and Big Fax of The Day in the 90's. Got a free shirt once and then got to shoot a puck on him at a Kings game the other time. Even though he had zero respect for Horseracing, after being introduced to the sport he instantly became a fan and horse owner. He has had pretty good success in the sport and often talks about his horses on his shows from what I'm told. 

    I'm confused... does Jim have

    Posted by auni on 23rd of Aug 2024 at 06:09 pm

    I'm confused... does Jim have anything to do with stock trading.  I'll admit Axil Rose doesn't either but, in context his song does, for me anyway.  We are way off in the weeds now, but fun.  :)

    Welcome to the Jungle is

    Posted by mastermind on 23rd of Aug 2024 at 07:44 pm

    Welcome to the Jungle is one of his bumper songs. Played once a day during his show. The Jungle is one of the nicknames for his show.

    Did you not post this

    Posted by jimmytheshoer on 23rd of Aug 2024 at 06:34 pm

    Did you not post this question????   "How long has Jim what's his nose  been around? I really don't know and I Googled him and still don't know."  

    AMEN Auni

    Posted by kaap on 23rd of Aug 2024 at 02:18 pm

    AMEN Auni

    6 months is no time

    Posted by brophy on 23rd of Aug 2024 at 09:01 am

    6 months is no time at all. I have been with BPT since the 90s (I think) You happen to come at a time when they are moving KISS to a separate service. Bad timing. But nothing I can fault them for. There is more on this site, that these guys do every night,  more than any I have ever seen any place else in 30 years of my trading. (How Matt keeps up with all his systems just boggles my mind.) You should give them a full year and then decide. But first, decide what YOU are looking for from a service, that is the most important thing. Just my 2c.

    So much new stuff at

    Posted by elementsix on 23rd of Aug 2024 at 09:51 am

    So much new stuff at BPT!

    I've followed BPT for two decades and been a member for years. Admittedly, right now is probably a difficult time for a new member to join because BPT have added SO MANY new features in the last few months... it's a lot to handle, even for a veteran. The KISS system are still new and the KISS hi-perf Beta is fresh off the grill... still smoking hot! I'm not even touching that yet... still need to give it time to settle and figure out how I want to use it (or IF I want to use that). Guaranteed it wil pay dividends though.

    Is everything perfect? No. But over time, the SPY System trades alone will pay for you membership for YEARS. Their regular trade ideas are just icing on the cake.
     
    You need to put in the work too and learn how to best use what they offer. There's so much here at BPT (info, members) that you can't use it all, all the time. Take some time to figure what works and use it to make $$$. It will happen if you make a good plan and execute.

    Lastly, Matt and Steve go on vacation less than most Presidents. They are here almost every single day providing amazing insights and even minute to minute feedback sometimes. That is invaluable and I haven't found anything that even comes close.

    I get some of what

    Posted by jerkelly on 23rd of Aug 2024 at 08:53 am

    I get some of what you are saying “killer “ but if you’ve been here 6 months then you know this isn’t the norm. Steve and Matt rarely take time off. Plus if you have been here for 6 months you know the plan was always to charge for the KISS systems after the kinks were worked out. You do what you want with your renewal but I doubt you find the quality information you find here for less than $600 per year elsewhere. But best of luck to you. 

    yes you come off harsh

    Posted by raymuy on 23rd of Aug 2024 at 08:47 am

    yes you come off harsh - these guys are doing a terrific job  - they are Offering us that information without any obligation

    so respect a hard working  man ‘s  Vacation ! 

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