yeah - but again I don't even think it's necessary, the systems
are close bar system, I think they will close out just fine.
I threw it out there for nervous nellies.
I am taking 1 contract off only out of the 4, but I do
think it's kind of unnecessary
I get why you are doing it, but if people are wanting to follow
the system itself it complicates things. When the live trade
data is showing "system + Matt discretion" vs pure "system" trades,
what's the difference in performance?
do what you want, follow the systems and your plan. if you
choose to stick 100% to the system signals, then do that. I will
report when it closes - for now they are looking to close today as
long as price closes below the 19 day MA, which I think is a given
at this point
Posted by mastermind on 1st of Aug 2025 at 12:03 pm
Actually it looks conceivable (though not likely) that the SPY
finishes above its 19 DMA (though I have the 21 on my chart and 19
would be a little tougher).
I will. I am trying to evaluate if it's better to follow
pure system or system + discretion. I'd assume that
your adjustments have been better over time, but when you say you
are doing it for the nervous nellies, it gives me pause.
This was the second longest streak in history for the S&P
500 trading consecutively above its 20-day MA, #69 days. The
longest streak was 76 days, which was back in 1997.
I even tested this on the Dow Jones back to 1920, so 105 years
and the stats did not change
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Took some off when /ES
Exhaustion Short solid Green, earnings blow out worked for perfect ...
Posted by retirefire on 1st of Aug 2025 at 08:31 am
Took some off when /ES lost 6300
sending the alert out
Posted by matt on 1st of Aug 2025 at 08:31 am
sending the alert out
Closing the exhaustion short out
Posted by scottrb on 1st of Aug 2025 at 08:58 am
Closing the exhaustion short out or just half? Can you confirm? Thanks Matt
yeah - but again I
Posted by matt on 1st of Aug 2025 at 09:23 am
yeah - but again I don't even think it's necessary, the systems are close bar system, I think they will close out just fine. I threw it out there for nervous nellies.
I am taking 1 contract off only out of the 4, but I do think it's kind of unnecessary
I get why you are
Posted by cashola on 1st of Aug 2025 at 09:49 am
I get why you are doing it, but if people are wanting to follow the system itself it complicates things. When the live trade data is showing "system + Matt discretion" vs pure "system" trades, what's the difference in performance?
do what you want, follow
Posted by matt on 1st of Aug 2025 at 09:54 am
do what you want, follow the systems and your plan. if you choose to stick 100% to the system signals, then do that. I will report when it closes - for now they are looking to close today as long as price closes below the 19 day MA, which I think is a given at this point
follow your plan!
Actually it looks conceivable (though
Posted by mastermind on 1st of Aug 2025 at 12:03 pm
Actually it looks conceivable (though not likely) that the SPY finishes above its 19 DMA (though I have the 21 on my chart and 19 would be a little tougher).
I will. I am trying
Posted by cashola on 1st of Aug 2025 at 10:16 am
I will. I am trying to evaluate if it's better to follow pure system or system + discretion. I'd assume that your adjustments have been better over time, but when you say you are doing it for the nervous nellies, it gives me pause.
This was the second longest
Posted by matt on 1st of Aug 2025 at 08:46 am
This was the second longest streak in history for the S&P 500 trading consecutively above its 20-day MA, #69 days. The longest streak was 76 days, which was back in 1997.
I even tested this on the Dow Jones back to 1920, so 105 years and the stats did not change