Quite a few folks signed up but instead of adding the KISS
subscription, they added a second BPT standard membership by
mistake.'
If you look at the sign up page, there are two options at the
top, the top one is the standard BPT membership which you guys
already have - since that is the top option, many folks simply used
that button to add a membership, but it wasn't the KISS
subscription.
You need to click on STS Membership and sign up from that area,
NOT the top one. , the top one is the standard BPT Subscription.
To me this is very poor design, I didn't realize it either as
the graphic I used last night for the signup page I didn't click
that STS membership to expand. James need to make this a LOT
clearer. That said, quite a few signed up and simply added a
second standard BPT membership - we are going to have to see if we
can edit them from our side, if not we may need to refund and
cancel those and ask you to sign up again
I have no problem paying for the Kiss system as it is the first
time I am consistently making money and it takes the guess work out
of the trades. For those who are more savvy traders, it may not be
as big of a benefit. But, It works for me, and I'm sticking to it!
Size of trading account and your trading journal should be the
primary determinative factor, IMO. If you've got a 50K
account and your average trade size is $1250 (2.5%) with annual
return target of 20% (10K), what is the membership cost relative to
your target gains? If total fees (across all subscriptions
e.g. BPT, Trading View, etc) is $1000, then you're paying 10% of
target gains. For smaller accounts, it is simply harder to justify
- that's just the way the math works.
These comments were very helpful for me. Thank you for
posting them. It included several nuggets of information that I
have been missing, especially trade size compared to account
size.
I am in the group with a small IRA account (about $15,000). So
maybe I am not the target demographic for BPT.
But before risking real money, I am testing the system,
attempting to improve my understanding, practicing proper
execution, etc. with a fake portfolio on Investopedia Simulator. I
have lost enough real money over the years in various "investment
opportunities". So please forgive me if I am very reluctant to
blindly trust some random dudes with a website on the Internet.
Additionally, I am finding out that the system itself is may
not be enough. I believe I have many gaps in my knowledge because I
keep making stupid decisions.
I compare using the KISS system to a pilot flying blind and must
learn to trust his instruments. At the moment, I have not learned
to trust the BPT instruments and I don't know how much longer I can
keep paying for flight school. I believe there are some educational
components missing for people like me.
Please understand that I am not attempting to beat up or
demonize on BPT. I simply have not been able to replicate the
success as described. I am glad to hear that others have been
successful and wish them much more success, health, happiness, and
luck.
Posted by keyhole7 on 25th of Sep 2024 at 10:00 am
On this website, If I have heard it once I have heard it a
thousand times, "Trade your Plan". Like everyone else, I have
charts with indicators. If the BPT signal lines up with what I am
seeing on my charts, then I take the trade. An example, I look for
new longs on the KISS systems. I sell PUTS on the stock when they
go long. CRWD went long last Friday Sep 20th. I did not take the
trade because my indicators were telling me to wait. Today will
probably be the day to enter. I understand your example of a pilot
trusting his instruments, but just as an instrument rated pilot,
you have to practice till you get proficient and learn to trust
your instruments. Learning to fly is expensive and learning to
trade is expensive.
Another example, NVDA went long today, I took that trade. My
indicators, along with BPT, said it was going long, so I sold PUT
options.
KeyHole7, I appreciate these comments and examples.
"Where no counsel is, the people fall: but in the multitude of
counselors there is safety” -- Proverbs 11:14
"Trade Your Plan" - I too have heard this over and over in the
newsletter, but what is a Trading Plan? How is one created? What
goes into a Trading Plan? I thought I would eventually learn this
by watching the newsletters and following the community but unable
to put one together. This is a gap in my education.
Learning to Trade is Expensive - Understood. I appreciate that
reality check. The cost to learn to trade is undetermined /
unclear.
Posted by keyhole7 on 25th of Sep 2024 at 12:30 pm
Silver,
I agree with Steve, Price is the only "real time" indicator and
all other indicators lag. But I use indicators to help me make
decisions. As the saying goes, different strokes for different
folks, IMO, the same goes for trading plans. Some of the indicators
I use are the 9ema, VWAP, and the Hull ma. I took Matt’s advice and
changed the Hull ma length setting to 15. Yesterday I received the
email saying NVDA was going long. I looked at my 1 hour and 15
minute charts. I look for the 9ema to cross VWAP and the Hull
ma to cross VWAP. NVDA is currently in an uptrend since Sept 6
th. After receiving the email I looked at my 15 minute
chart and saw that both the 9ema and Hull ma crossed VWAP at 11:15
yesterday morning. (Yesterday would have been a better entry) After
a short retreat last night, this morning at 7:15, VWAP, 9ema, and
Hull ma were all moving in the same direction up. With the trend
up, all indicators up, and the email confirmation of a long trade,
I was comfortable taking the trade this morning.
I like Demand Zones and Supply Zones. It's great when Steve and
Matt point them out. There are Supply and Demand Zones
everywhere on different timeframes. I am waiting on the
video Matt said he was going to put out explaining the zones. I
want to learn how to determine which zones are valid and which
zones are not valid. Also, there are valid highs and valid
lows as well as protected highs and protected lows. I trade stocks,
options, ES & NQ futures so my trading plans are similar with
varying differences.
I don’t want to mislead you. I am just a novice trader.
I'm sure Matt & Steve have forgotten more than I have
learned about trading. I still work a full time job. I just wanted
to give you some insight on how I trade.
One quick piece of advice - FOCUS on PRICE versus indicators -
they are laggards (you can employ indicators to look for possible
turns/triggers if they show divergence but PRICE is your
confirmation). Best thing I was ever taught, was to get rid
of indicators and focus on price with valid demand/supply zones and
moving averages (helps guide strength and turn points)
For trader's on indices - look for traps (stop runs below/above
previous highs for potential fades once/if momentum dies. We
refer to this as a "liquidity grab"
Matt--thanks, that was confusing for me as well, never even saw
the STS Membership line. It may also be helpful if you call
the subscription what you have been calling it all along--KISS High
Performance. What if a new person hears about this great KISS
High Performance system, goes to look for it, can't find it, only
this thing called STS, which, unless you've been using the system
all along, nobody knows what that means.
no - it should not be called KISS high performance - the
subscription is for the the whole KISS systems section - it's not
for high performance, that simply is included with the membership.
that said it should not be labeled STS Membership - needs to be
something like KISS Trend Systems and high performance or something
like that
Posted by mitchell on 24th of Sep 2024 at 04:20 pm
I understand the reasoning but unfortunate that all KISS
systems are now an add-on cost. I must have also not been
attentive with this. I assumed high level Daily and Weekly KISS
would be part of the base BPT cost since it’s a variation of
the paint dry system. Maybe I just got use to this feature.
Will see how it goes.
Posted by mastermind on 24th of Sep 2024 at 06:37 pm
Yes, I have utilized the KISS quite extensively also, and its a
shame that I will lose that unless I upgrade. I guess that was
always the plan, but still it's a letdown.
Posted by west77ie on 24th of Sep 2024 at 05:12 pm
In the past, I have heard Matt mention in the newsletters that
while the daily systems have been in beta and free for the past 18
months that members would soon have to pay for them.
James is a coder and those guys can be built differently than us
- his comments where - it says this right on the page - my comments
are, people don't always read everything and the fact that I made
the same mistake means that many others will as well - that's why
the website I like to go the option to make it extremely obvious,
have a big fat button that stands out, bold the font, underline it
to make it stand out - CLICK ME!! vs hiding it in small menus and
minimalism
Google for example goes for an extremely minimalist UI - just
look at their Chrome Browser, you have to dig around to find
settings
While I understand that minimalism - I think for websites like
BPT - things should be as obvious as possible
anyway we'll get it sorted, but I'm annoyed about it
Posted by gdragon28 on 24th of Sep 2024 at 05:19 pm
Totally agree Matt! I logged in/out few times and finally
saw the little line "STS Membership" and click it to open. LOL.
The font needs to be size 28 or something to bring it to
attention!
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
BPT KISS Systems membership **IMPORTANT!!!!!**
Posted by matt on 24th of Sep 2024 at 12:36 pm
see the image and the signup page
https://breakpointtrades.com/products/
Quite a few folks signed up but instead of adding the KISS subscription, they added a second BPT standard membership by mistake.'
If you look at the sign up page, there are two options at the top, the top one is the standard BPT membership which you guys already have - since that is the top option, many folks simply used that button to add a membership, but it wasn't the KISS subscription.
You need to click on STS Membership and sign up from that area, NOT the top one. , the top one is the standard BPT Subscription.
To me this is very poor design, I didn't realize it either as the graphic I used last night for the signup page I didn't click that STS membership to expand. James need to make this a LOT clearer. That said, quite a few signed up and simply added a second standard BPT membership - we are going to have to see if we can edit them from our side, if not we may need to refund and cancel those and ask you to sign up again
I have no problem paying
Posted by kab34 on 24th of Sep 2024 at 04:32 pm
I have no problem paying for the Kiss system as it is the first time I am consistently making money and it takes the guess work out of the trades. For those who are more savvy traders, it may not be as big of a benefit. But, It works for me, and I'm sticking to it!
Size of trading account and
Posted by bthefnd on 24th of Sep 2024 at 04:41 pm
Size of trading account and your trading journal should be the primary determinative factor, IMO. If you've got a 50K account and your average trade size is $1250 (2.5%) with annual return target of 20% (10K), what is the membership cost relative to your target gains? If total fees (across all subscriptions e.g. BPT, Trading View, etc) is $1000, then you're paying 10% of target gains. For smaller accounts, it is simply harder to justify - that's just the way the math works.
These comments were very helpful
Posted by Silver on 25th of Sep 2024 at 09:13 am
These comments were very helpful for me. Thank you for posting them. It included several nuggets of information that I have been missing, especially trade size compared to account size.
I am in the group with a small IRA account (about $15,000). So maybe I am not the target demographic for BPT.
But before risking real money, I am testing the system, attempting to improve my understanding, practicing proper execution, etc. with a fake portfolio on Investopedia Simulator. I have lost enough real money over the years in various "investment opportunities". So please forgive me if I am very reluctant to blindly trust some random dudes with a website on the Internet. Additionally, I am finding out that the system itself is may not be enough. I believe I have many gaps in my knowledge because I keep making stupid decisions.
Investopedia Simulator: https://www.investopedia.com/simulator/portfolio
I compare using the KISS system to a pilot flying blind and must learn to trust his instruments. At the moment, I have not learned to trust the BPT instruments and I don't know how much longer I can keep paying for flight school. I believe there are some educational components missing for people like me.
Please understand that I am not attempting to beat up or demonize on BPT. I simply have not been able to replicate the success as described. I am glad to hear that others have been successful and wish them much more success, health, happiness, and luck.
investopedia.com
Simulator - Investopedia Stock Simulator
On this website, If I
Posted by keyhole7 on 25th of Sep 2024 at 10:00 am
On this website, If I have heard it once I have heard it a thousand times, "Trade your Plan". Like everyone else, I have charts with indicators. If the BPT signal lines up with what I am seeing on my charts, then I take the trade. An example, I look for new longs on the KISS systems. I sell PUTS on the stock when they go long. CRWD went long last Friday Sep 20th. I did not take the trade because my indicators were telling me to wait. Today will probably be the day to enter. I understand your example of a pilot trusting his instruments, but just as an instrument rated pilot, you have to practice till you get proficient and learn to trust your instruments. Learning to fly is expensive and learning to trade is expensive.
Another example, NVDA went long today, I took that trade. My indicators, along with BPT, said it was going long, so I sold PUT options.
KeyHole7, I appreciate these comments
Posted by Silver on 25th of Sep 2024 at 10:51 am
KeyHole7, I appreciate these comments and examples.
"Where no counsel is, the people fall: but in the multitude of counselors there is safety” -- Proverbs 11:14
"Trade Your Plan" - I too have heard this over and over in the newsletter, but what is a Trading Plan? How is one created? What goes into a Trading Plan? I thought I would eventually learn this by watching the newsletters and following the community but unable to put one together. This is a gap in my education.
Learning to Trade is Expensive - Understood. I appreciate that reality check. The cost to learn to trade is undetermined / unclear.
Silver, I agree with Steve, Price
Posted by keyhole7 on 25th of Sep 2024 at 12:30 pm
Silver,
I agree with Steve, Price is the only "real time" indicator and all other indicators lag. But I use indicators to help me make decisions. As the saying goes, different strokes for different folks, IMO, the same goes for trading plans. Some of the indicators I use are the 9ema, VWAP, and the Hull ma. I took Matt’s advice and changed the Hull ma length setting to 15. Yesterday I received the email saying NVDA was going long. I looked at my 1 hour and 15 minute charts. I look for the 9ema to cross VWAP and the Hull ma to cross VWAP. NVDA is currently in an uptrend since Sept 6 th. After receiving the email I looked at my 15 minute chart and saw that both the 9ema and Hull ma crossed VWAP at 11:15 yesterday morning. (Yesterday would have been a better entry) After a short retreat last night, this morning at 7:15, VWAP, 9ema, and Hull ma were all moving in the same direction up. With the trend up, all indicators up, and the email confirmation of a long trade, I was comfortable taking the trade this morning.
I like Demand Zones and Supply Zones. It's great when Steve and Matt point them out. There are Supply and Demand Zones everywhere on different timeframes. I am waiting on the video Matt said he was going to put out explaining the zones. I want to learn how to determine which zones are valid and which zones are not valid. Also, there are valid highs and valid lows as well as protected highs and protected lows. I trade stocks, options, ES & NQ futures so my trading plans are similar with varying differences.
I don’t want to mislead you. I am just a novice trader. I'm sure Matt & Steve have forgotten more than I have learned about trading. I still work a full time job. I just wanted to give you some insight on how I trade.
One quick piece of advice
Posted by steve on 25th of Sep 2024 at 10:56 am
One quick piece of advice - FOCUS on PRICE versus indicators - they are laggards (you can employ indicators to look for possible turns/triggers if they show divergence but PRICE is your confirmation). Best thing I was ever taught, was to get rid of indicators and focus on price with valid demand/supply zones and moving averages (helps guide strength and turn points)
For trader's on indices - look for traps (stop runs below/above previous highs for potential fades once/if momentum dies. We refer to this as a "liquidity grab"
Matt--thanks, that was confusing for
Posted by 24kau on 24th of Sep 2024 at 12:46 pm
Matt--thanks, that was confusing for me as well, never even saw the STS Membership line. It may also be helpful if you call the subscription what you have been calling it all along--KISS High Performance. What if a new person hears about this great KISS High Performance system, goes to look for it, can't find it, only this thing called STS, which, unless you've been using the system all along, nobody knows what that means.
no - it should not
Posted by matt on 24th of Sep 2024 at 01:00 pm
no - it should not be called KISS high performance - the subscription is for the the whole KISS systems section - it's not for high performance, that simply is included with the membership.
that said it should not be labeled STS Membership - needs to be something like KISS Trend Systems and high performance or something like that
I understand the reasoning but
Posted by mitchell on 24th of Sep 2024 at 04:20 pm
I understand the reasoning but unfortunate that all KISS systems are now an add-on cost. I must have also not been attentive with this. I assumed high level Daily and Weekly KISS would be part of the base BPT cost since it’s a variation of the paint dry system. Maybe I just got use to this feature. Will see how it goes.
Yes, I have utilized the
Posted by mastermind on 24th of Sep 2024 at 06:37 pm
Yes, I have utilized the KISS quite extensively also, and its a shame that I will lose that unless I upgrade. I guess that was always the plan, but still it's a letdown.
I am sure you made
Posted by steverobin on 25th of Sep 2024 at 07:54 am
I am sure you made enough to pay for it
That was my impression as
Posted by 24kau on 24th of Sep 2024 at 04:24 pm
That was my impression as well--thought only the high performance KISS was subscription, not the original version.
In the past, I have
Posted by west77ie on 24th of Sep 2024 at 05:12 pm
In the past, I have heard Matt mention in the newsletters that while the daily systems have been in beta and free for the past 18 months that members would soon have to pay for them.
That's what I thought too.
Posted by bthefnd on 24th of Sep 2024 at 04:26 pm
That's what I thought too. HP was going to be subscription but not the daily STS tables.
James is a coder and
Posted by matt on 24th of Sep 2024 at 12:49 pm
James is a coder and those guys can be built differently than us - his comments where - it says this right on the page - my comments are, people don't always read everything and the fact that I made the same mistake means that many others will as well - that's why the website I like to go the option to make it extremely obvious, have a big fat button that stands out, bold the font, underline it to make it stand out - CLICK ME!! vs hiding it in small menus and minimalism
Google for example goes for an extremely minimalist UI - just look at their Chrome Browser, you have to dig around to find settings
While I understand that minimalism - I think for websites like BPT - things should be as obvious as possible
anyway we'll get it sorted, but I'm annoyed about it
Totally agree Matt! I logged
Posted by gdragon28 on 24th of Sep 2024 at 05:19 pm
Totally agree Matt! I logged in/out few times and finally saw the little line "STS Membership" and click it to open. LOL. The font needs to be size 28 or something to bring it to attention!