Alerts vs Buy Stop orders for entries?

Great video on position sizing.  I notice on the Trade Ideas page that there are "Alarm Prices" that will be hit before the desired entry price so that we can watch it more closely before entering.  Problem is, I can't see much on my tiny phone when the Alerts trigger and certainly can't see my trend lines, annotation, etc.

So,  for those of us who aren't around throughout the entire trading day, what's a good strategy for entering these positions?  Placing a Buy Stop (Market?  Limit?) order in the pre-market?  Something else?  

Similar question about entering the initial stops: Given that (with my broker at least) we can't enter Sell Stop orders until we have successfully filled the Buy order, how do people manage that who aren't around throughout the entire trading day?  Run without a stop on Day 1 and then enter a Sell Stop after-hours on the day the Buy order fills?  Something else?

Appreciate any tips you can share on how to manage these entries and stops for those of us who aren't anchored at a trading desk all day.

Thanks!
.../john

Thanks Matt.  Been a member for just over a year and have only really traded your systems, not the individual trade ideas, because I didn't know where to put the stops so I could size the trade.  Having suggested stops added to the trade idea charts is a *huge* help!

For the systems (Paint Dry, SPY Pro), how do we come up with an initial $risk/share so we can size our position and what are some strategies for moving those stops up over time?

Thanks!

.../john

woops, I meant 390 minutes in a trading day.

Given that there are 420 trading minutes in a day, is there an issue where your timeframes overlap multiple days because 420 is not an even multiple of 15, 60, etc?  Or does the last bar of the day just cover a smaller time interval than the rest?  Thanks!

I appreciate your advance heads-up notes Matt.

Canada will legalize marijuana nationwide this coming July.

.../john in Victoria, BC

Thanks--played XIV for a +5% move, even with VIX at an all-time low.  Weird.

Great tip Matt!  Plugging this into some of my own systems, I can see how it would have helped avoid false entries/exits.

Thanks again Matt for your great analysis and buy/sell signals.  There's no way I would've stayed in XIV that long on my own!

Sure has been.  Bought 50% SPY(up 1.2% so far) and 50% XIV (up 10.2% so far).  If XIV doesn't nosedive before closing out, it'll pay for a BPT subscription for many years to come...

Thanks for including the Trending system's updates in tonight's newsletter Matt!

Thanks Matt.  Any updates on the SPY Trend sub-system?

.../john

I second that!  Have a great one Steve.

Thanks Matt.

Would it be possible to include subsystem charts in the daily newsletter when they're active?  e.g. Trending subsystem is currently active but I have no idea how close it is to exiting.

Thanks!
.../john

In last night's newsletter, Steve was saying that the VIX was bullishly stacked and that he was feeling more cautious about any SPY upside than he has in quite a while.

Given this, would buying XIV for this Trend Trade signal be more risky than usual??

Thanks!  Hope you're feeling better today Matt.

.../john

Hey Matt, thanks for:

a) posting these unofficial signals

b) your previous analysis of using XIV in lieu of SPY

Not often I make 10% in a week with so little stress!

.../john

Thanks Matt!  Was hoping there was a place that all the subsystems were posted so I wouldn't have to pester you each time....

I'll stay tuned for news from you tomorrow.

.../john

I bought XIV on the SPY Pro Trend sub system signal @ 108.23 back on Nov 14th.

Now it's up 8%+   :)

Are the subsystem charts posted daily somewhere?  I know they appear in the newsletter sometimes, but I can't seem to find them on the site itself so I can check them without bugging you each day.

Trying to figure out where to place my trailing stop to avoid giving up all the gains.  Considering the 20d as a stop... or just using the SPY exit timing to exit XIV.

Appreciate any strategies.

Thanks!

.../john