stop now 601.19 on the SPY 1st entry (entry price was 591.05 so
stop is about 10 points above entry. SSO second position stop
is now 98.5 (entry was 92.93).
The first entry has been long for 40 days, while the second
entry for 32 days
Also guys - we may see one of the other mean reversions systems
trigger today, such as the Trend/Pullback
here's what you guys don't understand: the system is on
the SPY ETF, not SSO. I have to guess where the stop would be
on SSO based on where the stop is on SPY. The system does not show
me stop prices for SSO, only SPY, i have to guess where it
is.
Obviously I guessed the wrong price. Looks like the SSO should
be around 97.76
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
SPY breakout system, stops move up again
Posted by matt on 17th of Dec 2024 at 09:47 am
stop now 601.19 on the SPY 1st entry (entry price was 591.05 so stop is about 10 points above entry. SSO second position stop is now 98.5 (entry was 92.93).
The first entry has been long for 40 days, while the second entry for 32 days
Also guys - we may see one of the other mean reversions systems trigger today, such as the Trend/Pullback
Looks like SSO stopped out
Posted by patellee on 17th of Dec 2024 at 04:53 pm
Looks like SSO stopped out today.
it didn't stop out. I
Posted by matt on 17th of Dec 2024 at 04:59 pm
it didn't stop out. I will send something out
here's what you guys don't understand: the system is on the SPY ETF, not SSO. I have to guess where the stop would be on SSO based on where the stop is on SPY. The system does not show me stop prices for SSO, only SPY, i have to guess where it is.
Obviously I guessed the wrong price. Looks like the SSO should be around 97.76