Hi Performance KISS Question - I'm dipping my toe in the water
following a couple of 130 min index KISS trades. I got an SMS
that UPRO 130 went flat at 10:50 am at 82.68. I quickly
logged in to my account and sure enough, I was stopped out at
82.68. I got another SMS at 1:01 PM saying that UPRO 130 is
now Long. Thinking the system must know it's a V bounce, I
logged back in and rebought my position at 84.51 even though the
system price shows 83..45. The V bounce ended right about
when I bought at 2:10 pm, and it drifted down to close at 83.80.
It's off another 60 cents in pre-hours this morning.
I'm wondering if this is normal for these systems (I see it
happening with URA regularly), and that's just the nature of the
system?
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Hi Performance KISS Question -
Posted by hubrick on 2nd of Oct 2024 at 07:30 am
Hi Performance KISS Question - I'm dipping my toe in the water following a couple of 130 min index KISS trades. I got an SMS that UPRO 130 went flat at 10:50 am at 82.68. I quickly logged in to my account and sure enough, I was stopped out at 82.68. I got another SMS at 1:01 PM saying that UPRO 130 is now Long. Thinking the system must know it's a V bounce, I logged back in and rebought my position at 84.51 even though the system price shows 83..45. The V bounce ended right about when I bought at 2:10 pm, and it drifted down to close at 83.80. It's off another 60 cents in pre-hours this morning. I'm wondering if this is normal for these systems (I see it happening with URA regularly), and that's just the nature of the system?