Live Trading System: hosted by David Lee (Twitter ID: SimpleMoneyZone).
System Update: No Trade Change Possibility for $SPY Today. Signal is still flat. My comments: interesting is that timing model is getting more bearish again based on this morning data. The weekend data will be crucial to determine if today is the final bounce. The Buy window is starting to get closed if the market continues to be this kind of weak. However, I don’t have a short signal yet. It needs some kind of really bad day to make it happen. Again, cash is a position. Patience is the key. Overtrading is not a good idea until we know the trend. System is trying to minimize the drawdown while making money in the trending market. Patience and time are your best friends when the real trend presents itself.
All the live trades from September can be found in the following link:
Disclaimer: Trading stocks involves high risks and you can lose money. You are responsible for your own investment decisions.