3309 Drysdale Ct
Edwardsville, IL 62025
Hi Matt, Do you know how many long trades a year you
anticipate from all the subsystems combined (based on backtesting)
and also what the average number of open subsystem trades
would be at any one time?
I realize the new Hi Probability SPY system has not been trading
all that long but just wondered based on any backtesting you have
Very nice deep
I guess it's better that i shorted IRBT i/o NFLX then... didn't
know they were reporting earnings. DOH..got lucky.
so that new sub system will on average add, so typically about 4
trades a year on average. So not a ton, but helps. So that's
20 sub systems now, every bit helps
QE BTS, QE big time swing 3, QE big time swing 3.2. QE Momo,
RSI oversold, Strap Long, Bear Exhaust, Bullish Exhaust 1 and 2,
Bear Long, Breakout Long, CCI Long, Trend Long
QE Big Time Swing 3, Stoch Reversal, Stoch short 1, and 2,
Hi/Mid/Lo Short, DVDS Short, Ehaust 1 and 2 shorts
Paid for my membership at BPT, again. Thanks.
guess the SPY system exited well then
Dept. Of Justice To Open A New Antitrust Probe Of Big Tech Cos.,
Will Focus On Whether Dominant Online Platforms Illegally Harm
Competition -Dow Jones
Market selling down on Anti-trust probe of Big Tech
API Data Shows Crude Oil Inventories Draw 10.961M Barrels,
Distillates Inventories Build 1.42M Barrels, Gasoline Inventories
Build 4.436M Barrels, Cushing Inventories Draw 448K Barrels
aha ha ha, good point
Just stick to the rules you have worked so hard on - and leave
it to us to break them!
honestly I should have just done that for the website, close out
the option, but keep the ETF with a stop at break even since I
think we push higher. oh well, at least we booked another one,
that's 7 trades on ETF's and options or 14 total since May 8th.
yeah I booked em Danno
DFS reports tonight
yet another option would be to close out the option trade since
it's up 2.5 times the ETF. and keep the SPY shares with a
stop simply at entry price yesterday breakeven since the ETF isn't
up that much. again depends on the size you did, I show 10K for
simplicity, if you put 50K in it or 100K then you would have
DFS - Chart Link - nice move on DFS
SAH - Chart Link - didn't show this last
night but was on watchlist all week last week so was still valid
PVAC - Chart Link - nice bottoming setup
from last night's newsletter triggered today
As you know yesterday we entered a
new SPY System trade late morning via a new sub system I discussed
in the weekend newsletter, and I also discussed yesterday in a
follow up detailed email.
Anyway I know this is fast, but the
system is closing out the trade at today's close. This sub
system has one of the shorter hold times, about 6 days on average,
this one is only a day however realize that technically it would
have entered on Friday, however I just coded the system conditions
on the weekend and is why we entered it on Monday instead during
Also even though the SPY system is
closing out today.
Another optionfor those who may want to continue holding the
trade instead of closing it out if you think the market will
push higher (which I could see happening) a strategy for you to do
is simply place a stop on SPY at a higher low such as $296.96 or
place it at your entry price yesterday for break even.
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