Live Trading System: hosted by David Lee (Twitter ID: SimpleMoneyZone).
System Update: system stays short and I will re-enter the 50% $SH at EOD.
My comments: System is a emotionless trading system. We feel the pain but system doesn’t feel our pain. No pain no gain. This market is very brutal. Make sure you understand which time frame you are trading. Make sure you are allowing yourself to give up the profit when there is no trend established during the swing time frame. The real profit is coming from a real trend otherwise profits can just be the noise. Make sure you accept that.
All the live trades from September can be found in the following link:
Timing Model Update: (1) short-term top was probably in with a plus/minus 3 days standard deviation; (2) intermediate-term bottom will be around 10/20/2022 with plus/minus 2 weeks standard deviations. Timing model has no relevance to the system and anyone’s technical analysis.
Disclaimer: Trading stocks involves high risks and you can lose money. You are responsible for your own investment decisions.