I talked to a new member yesterday on the phone helping him out with the website and he said that he heard about me from the author Jesse Stine, who wrote the popular book "Insider Buy Superstocks"
here's another book by him, mentions me on page 244, this was way back in 2010, I had no idea, honestly I'm flattered.
I wish I had time to write book, I think I could write a good one on TA and trading
Hello everyone, I hope you enjoyed your long 3 day weekend, in observance of Memorial Day the US Markets were closed on Monday.
Here's my General Market Newsletter
Also note we have a new service coming in mid June
I've been using the BPT MA Deluxe on the 60 min SPX chart to get low risk entries on pullback, I have not automated this year but considering doing so eventually. I have not put all the rules together but have been trading it with SPY and well - anyway here's what I'm looking at, watch the video below
Hello everyone, here's my recent newsletter, CLICK HERE to view the Newsletter
I discuss the general market and some trade ideas as well as our SPY Professional system which just closed out of another winning trade today!
Also we have now launched a new service with Ditto Trade for those of you who want a truly automated experience where you can have our SPY Pro trades automatically executed in your account for you!
good trading,
Matthew Frailey
Hello everyone, The SPY Pro system achieved its first scaleout, click the newsletter link below to see details.
CLICK HERE to view the Newsletter
Matthew Frailey
Hello everyone, here's my detailed newsletter, this one covers the general market, our SPY Professional System and Ditto Trade, some commodities, and trade ideas
CLICK HERE to view the Newsletter
take care,
Matthew Frailey
For those of you following the scaleout versions of the SPY pro system:
1% scaleout is at a price of $188.65 and the 1.25% scaleout is at a price of $189.11. I have not officially changed the current 1% to 1.25% but probably will soon.
The 2.75% scaleout is at a price of $191.92.
Again should you wish to follow those simply set GTC orders so that they automatically execute for you. Or you may choose not to follow the scaleouts.
I also have a scale-in version of the system that I'm considering where it would enter a second position at better prices. I have not yet decided on this.
Here's two very detailed excel reports, right click to download them, these show all the trades for the non-scaleout and scalein.
Also I've attached in image showing an example of the scale-in vs the non-scale-in (see the Feb trade). None of these contain scaleouts
SPY system Excel File Non-scalout system (right click to download)
SPY system Excel File two Scale-in version (right click to download)
