Matt, just want to clarify - didn't you send out an email a few days ago saying you were manually closing out the DVDS system short? That said, I note the trade is not updated on the system page in terms of Gain/Loss. Anyway, I'm in cash.

On Friday Matt provided an update to James' comment - here is the copy and paste of what Matt wrote:

Yesterday James commented on that DVDS trade saying that it was meeting exit conditions last night, at the moment it no longer is. That said, I may elect to add some sort of stop using yesterday prices or I might elect to take off the trade early depending on what the market does. 

as far as this particular system, as I stated I will be experimenting with some other exit conditions to see if I can improve that. 

also guys the short illustrates my point:  for years and years everyone bugs me, why don't the systems do more shorts? Why do they take so many more longs than shorts, even in bear markets? 

As I've said - shorts are a real bugaboo. When I did my extensive testing I found that it was easy to get into situations where a system would get caught short during a strong rally. MUCH easier for that to happen than for a long trade to get caught in a bad decline. Short systems were much more difficult than the long systems and I had to keep the settings tighter and as a result there were much less short trades.   Even in bear markets the long systems do way way more trades than the short systems do

markets do not move up and down in the same way, the psychology is different, it's not like a Yin and Yan situation where one behaves opposite to the other:  Markets tend to flush down quickly, get oversold, then bounce as fear ramps up. Rallies on the other hand can be strong initially (rip your face off rallies) then price can drift up for long periods of time - it's why topping is more of a process that needs to develop over time, whereas bottoming tends to be quick and sharp. 

markets trade differently on fear than they do on greed

I'm in the UK and going to bed soon, so would appreciate a confirmation - apologies if I've missed the message on the board - did the ES system short trade officially stop out today? I don't see anything on email. Thanks in advance... 

Must the 0.98 stop be confirmed by a daily close or does it stop out as and when it occurs intraday? 

From memory, Matt supplied the link in a post a while back.

To clarify, the DeMark 9 signal I am getting is on the UNG ETF (daily bar chart) rather than NG Futures - obviously correlated but not exactly the same.

Btw, I am getting a DeMark 9 Sequential Buy Setup on UNG after yesterday's close - does anyone else concur? I am tempted to scale-in nibble.................

Hey Vasiboy, have you refreshed the Googlesheets page? The SPY short is closed off according to my view of the page. Here is the link:

SPY and ES system trades for 2022 - Google Sheets

Hey Matt, out of interest, how do all your various mechanical sub-systems handle Natural Gas / UNG? Or perhaps it's too volatile an instrument? :)

I think you need to hit refresh on the page - I believe there is just one trade open at the moment,  a Stoch Rev 1st entry short, which entered 18 Jan. Cheers.

Ha. What did you say to him? :) 

I had a quick play with it over Xmas and it knows TradeStation's EasyLanguage code. It produced a compiled/ working indicator, albeit not quite what I asked for (in plain English). I haven't had chance to work on the code again. 

Yes you can - and I do myself.

I'm one of IG's bullish customers, betting on Matt's systems - no need to believe in Santa Claus, just the man with the plan... ;) 

Don't get me wrong, I love the systems - I've tried to second-guess them on a few occasions and the system has won out in the end every single time. Don't fight the Fed. Don't fight the system.

An intraday Xmas Tree formation!

Stoch 60 system short still in play!   

"ES Stoch 60 in 1st entry short" -it's on Systems / ES page and has been emailed out by Matt. Cheers.

Very interesting Matt - I wonder, were the As as good at market timing during the Dotcom and GFC bear markets? :) 

Amazing work, Matt! By the way, does the KISS STS system generate a strategy performance report in TradeStation, i.e. is it a strictly mechanical / rules-based system?