price bounded where it needed to without hitting the stop
guys when trading systems, the thing you have to think about and
this is really hard to juggle, struggle myself sometimes , is how
much do you rely and/or subjective technical analysis or trading
systems. when mixing the two you can end up under performing
both, I know because I fall into that trap sometimes. like not
doing a system trade because my TA chart says something else might
be going on. What I've found is that at the end of the day if you
decide to trade systems - you have to set aside capital for those
systems and just stick to them because otherwise you will second
guess all the time.
like this SQQQ 30 min system - if it's 4th wave, it will
stop out for a minor loss. but if it's not a 4th wave, it will be a
winner and you will miss it if you close out because you are
looking at 4th wave option that has nothing to do with the system.
point is on systems you designate a certain amount of capital to
them and just stay with those trades.
Your subjective trades and analysis should be completely
separate from systems trades. Do not mix the two
have two different brokerage accounts if that helps do systems
in one and subjective trades in the other account
@Matt, SQQQ gapped past my Stop Limit order today, which raises
the question:
- For HP intraday KISS positions, does the system assume you're
using Stop Market orders instead?
For obvious reasons, Stop Market overnight orders make me a
little nervous, but Stop Limits expose you to scenarios like
today's where a gap-down bypasses your Ask price.
Thoughts? What is the relative frequency of suboptimal
execution when using Stop Limits vs Stop Markets on these intraday
KISS systems? Which scenario is more common? Gaps or
liquidity spikes?
.../j
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SQQQ 30 min HP KISS and tips on how to trade systems and subjective trades - IMPORATNT!
Posted by matt on 26th of Sep 2025 at 10:31 am
price bounded where it needed to without hitting the stop
guys when trading systems, the thing you have to think about and this is really hard to juggle, struggle myself sometimes , is how much do you rely and/or subjective technical analysis or trading systems. when mixing the two you can end up under performing both, I know because I fall into that trap sometimes. like not doing a system trade because my TA chart says something else might be going on. What I've found is that at the end of the day if you decide to trade systems - you have to set aside capital for those systems and just stick to them because otherwise you will second guess all the time.
like this SQQQ 30 min system - if it's 4th wave, it will stop out for a minor loss. but if it's not a 4th wave, it will be a winner and you will miss it if you close out because you are looking at 4th wave option that has nothing to do with the system. point is on systems you designate a certain amount of capital to them and just stay with those trades.
Your subjective trades and analysis should be completely separate from systems trades. Do not mix the two
have two different brokerage accounts if that helps do systems in one and subjective trades in the other account
@Matt, SQQQ gapped past my
Posted by rojoch on 29th of Sep 2025 at 10:40 am
@Matt, SQQQ gapped past my Stop Limit order today, which raises the question:
- For HP intraday KISS positions, does the system assume you're using Stop Market orders instead?
For obvious reasons, Stop Market overnight orders make me a little nervous, but Stop Limits expose you to scenarios like today's where a gap-down bypasses your Ask price.
Thoughts? What is the relative frequency of suboptimal execution when using Stop Limits vs Stop Markets on these intraday KISS systems? Which scenario is more common? Gaps or liquidity spikes?
.../j