Tom.  There would be no need to change the table until the next trade notification is announced.  For instance, let's imagine this trade goes through today.  Tomorrow you could display the same table.  The only modification would be to remove the "NOTE".  Tomorrow this table would communicate the status of the "current trade".  When we get the notification to close the trade the table will change to reflect that.

And obviously there would be no table when there's no pending or current trade.

I would handle a 2nd entry of the Multi system by adding a Trade 2 table above the Trade 1 table.  Same format.  I can do some mock-ups of different examples if you guys are interested.

Uh Oh.  Matt, based on your last post you need to change your blog sticky to say "below $134.40"

unfortunately I can't edit my post any more to display the correct info.  

Matt, I suggest re-wording " SPY needs to close between  $134.20 and below $134.39 (see notes below) "

to read:

SPY needs to close above  $134.20 and below $134.39 (see notes below) 

I would suggest the following:

NOTE: Condition 2 is dynamic and may be updating.

Floyd, it's appears from your post that you may not fully understand the frequency of trade triggers for this system.  Matt's system generates around 12-20 trades per year.  That's 300 days every year, give or take, that don't require any action to be taken.  

If you don't want to be tied to your computer at the close I would suggest using the sms service to your mobile phone.  You can use telephone banking with most brokers to enter trades.  Even if you miss the actual 4pm close you can enter trades on SPY, and leveraged ETFs, after hours until 8pm EST.

I'm still amazed that we were given the opportunity to have access this system.  This kind of thing, historically, has been reserved for the uber-rich to become uber-richer. 

Matt, Tom, Steve, James thank you so much for sharing.  We owe you big time.

stevedfw - To be clear, the 1 min chart is only valid on the day that Matt updates it.  On these days we'll also receive an email/sms telling us to check the blog.

I disagree heartily.  I only want emails/sms when I need to take action.

The trade that chart referred to was never triggered.   The yellow zone indicates where the price needed to be for us to take action.  

Like others, it doesn't bother me at all that the last trade was a loss.  This is an amazing system and we're privileged to be following it.  

That being said, if your suggested tweak is the next step you want to take in evolving the system, go for it.  

My pleasure Matt.  Thanks again for such an incredible opportunity.  I'm looking forward to the close today.  Exciting stuff.

Tom, look at the table.  I emulated last nights situation.

I think it would be helpful for everyone if BPT could follow a template for the system trade notification posts.  Something like:

Of course.  

Well said Michael

The system is well defined.  Matt will not give you discretionary advice on trading your "new money" related to this system.

If the price is at or below entry, go ahead and get in.  Use your own risk tolerance as a guide for how much.  

Thanks

Does anyone know what up with trades 213 and 214?  A Buy and a Sell Short on the same day?

214       4/1/2008     Sell Short      $136.61

213       4/1/2008     Buy               $136.61   

Also the sell for 213, same day/price

213       4/1/2008     Sell               $136.61 

Thanks everyone.  Much appreciated!