I do much better with these plays when my $$$ at risk are lower because I commit to the trade even if it means max loss. When I risk higher dollar amounts and it goes red, I am not as committed to the trade. Your approach of holding no matter what and your willingness to take max loss works well with this strategy because the data is so reliable.
I like this approach as well. Not sure how many opportunities would be missed, but the payoffs will be greater. I’m sure some of these trades will exceed 100% ROI if they are played a few days later after a drop.
I use about 3% of my port so not too big but if I went higher I probably would lose my nerve
Return group moved to 5,3 Downtrend today. There are signals for selling SPX Puts and buying SPY Calls 30 days out. See below. I didn’t get to look at this till after hours unfortunately so hopefully we’ll get a pullback tomorrow for entry.
With all the data and FOMC and the votality this week, we should get a pullback.
Yeah I dunno if I’m willing to enter this before FOMC tomorrow and the earnings tonight. Might look for an entry under 510 after FOMC if the markets don’t rip before I can get in.
The return group moved to a 4,2 Downtrend again. It’s one of the best signals so I’m going to play it again and trust the data and hold through any downturns. I’ll buy a SPY call based on yesterday’s signal since it’s cheaper and we’ve had a nice downturn today. I’ll sell a SPX Put based on today’s signal.
<@804151543136780289> I love and follow your signals, but don’t forget you got FOMC tomorrow
Thx <@759142756936450118> Yep, saw that. If it drops, I can avg down. I really like this signal.
Waiting for FOMC to average down as well
I don’t see fomc having much effect tomorrow personally. We all know what they are going to say. “Wait for data to show clear decline in inflation and we may lower rates then or we may raise rates if needed”. Dot plot will be interesting though
Return group stayed at 4,2 Downtrend so still a great signal. My two trades are down about 30% currently so we’ll see what happens over the coming days.
Eod rug pull was crazy. Averaged down on my original position $507 and opened another position for June 7 $509c.
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Should be happy with that this morning
I averaged down on my SPY calls this morning
Is Apple doesn’t suck tonight, Spy will squeeze
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Didn’t call it out at the time because I grabbed it right before close and I was balls deep in an equipment install, but I did buy a 5/31 500c yesterday off the signal and my limit sell just hit for 30%. Didn’t hold out for SPY hitting +2% but I’m not turning down 30% in a day.
Looking forward to the next signal.
My calls got within .01 of being filled yesterday for 40%. Looks like I’m gonna be glad they didn’t fill this am
I somehow missed this Brutus call. I used to get email notifications but stopped getting them apparently 
. Think I got it fixed hopefully.