I don't know if you saw my previous question, but, bascially, I'm curious if the system has a stoploss when the market status is "healthy" and the system is short.
Not ready to go down that road yet. The system is averaged in at 52.55. In the world of 3x leveraged ETF's, the current 5% draw-down does not make me lose sleep at night.
Same This is a 3x etf. There will be swings, there will be pain but profit #'s speak for themselves. Hedgefunds wish they got the returns J-trade makes monthly. This market is pretty Blah right now. I mean look it sold-off all day for no major reason, well besides housing number, which washing away almost all the fed news. I'm happy the market sold off, dont get me wrong but I sleep great even $2.00 a share down or whatever it would be because I know in the end the system will prevail.
I'm looking at another hold signal unless SPY takes a bigger dump this afternoon. It's gonna need to get down to about 130.8 or so before we have a shot at a buy signal. I'll post the exact figures in a bit.
But is that the system or you saying hold?
ReplyDelete???
DeleteI'm not sure I follow... are you suggesting my system is giving a buy signal, but I'm not willing to accept a loss?
I don't know if you saw my previous question, but, bascially, I'm curious if the system has a stoploss when the market status is "healthy" and the system is short.
ReplyDeleteNot ready to go down that road yet. The system is averaged in at 52.55. In the world of 3x leveraged ETF's, the current 5% draw-down does not make me lose sleep at night.
DeleteSame This is a 3x etf. There will be swings, there will be pain but profit #'s speak for themselves. Hedgefunds wish they got the returns J-trade makes monthly. This market is pretty Blah right now. I mean look it sold-off all day for no major reason, well besides housing number, which washing away almost all the fed news. I'm happy the market sold off, dont get me wrong but I sleep great even $2.00 a share down or whatever it would be because I know in the end the system will prevail.
DeleteTrying to turn but a ways to go.
ReplyDeleteTNA strong today. Won't give it up.
ReplyDeleteI'm looking at another hold signal unless SPY takes a bigger dump this afternoon. It's gonna need to get down to about 130.8 or so before we have a shot at a buy signal. I'll post the exact figures in a bit.
ReplyDelete