Signals?
Author: beth527
Creation Date: 11/29/2017 11:21 PM
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beth527

#1
BWO No signals today????
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Eugene

#2
Bruce, what's the problem?
QUOTE:
Author Reports: NO SIGNALS for the next market session.
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beth527

#3
Very surprised your algorithn did not give any signal on a day there was such volatility in the nasdaq
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B.W.O.

#4
Beth, when we're in a position, regardless of whether I get secondary signals, there's still nothing to do. We were at -2 on the indicator and that would be a long way from the exit virtually the exact opposite of that. Just sit tight. I don't go in when we're up so much in the trade because I don't want to risk the wash sale on the secondaries.
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ashridharani

#5
Hi BWO,

I just started subscribing to this system. I'm confused by today's buy signal. As far as I can tell there is already an open position from March 19th that has not been closed. So why another buy signal. I was under the impression that the system holds only one position (@ 97% of capital) at a time. Is this signal correct? Or did I miss a sell signal, because right now I do not see that "Sell" in the closed position on Wealth-lab site.

Thanks.
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B.W.O.

#6
It's an addendum that I've done once before, and since it's a double buy this happens so rarely that I don't try to measure than in anything but highly probabilistic profitability and that means borrowing money to put into TQQQ and SQQQ and while I'm at it QID and QLD and if it really were possible to leverage up to 5.64 to 1 on the NASDAQ100 this is how to do it, and no it's correct and something that happened before you subscribed, ashri, so this is just the second might as well fill-up on the signal since I got two of them, not just one.
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B.W.O.

#7
Guys, I'm just disclosing my FY2017 Return was 127% trading TQQQ and SQQQ this way, and 2017 was by far my best year personally and for my clients, but not the highest hypothetical return that has ever been earned by ETF Pairs Arbitrage.
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ashridharani

#8
Thanks Bwo.
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B.W.O.

#9
You're Welcome, Ashri, thanks for understanding and being a subscriber.
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ashridharani

#10
Hi BWO,

Just for my curiosity. The 127% return you achieved last year, was it as a result of you leveraging TQQQ/SQQQ trades on margin or is it because you took additional trades, like the one couple of days ago (and not included here on WL performance calculation) which helped boost the performance for you.

Regards,
Anish
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B.W.O.

#11
No, they were all the same trades, Ashri.
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aebbingj

#12
Hi BWO

I don't know whether you have any recollection of our correspondence several weeks back, but I finally managed to sort myself out with a local broker and yesterday completed my subscription to your system. It's great to be on board!

So I guess the first move I make is when you next send a signal to buy. Correct? Or should I enter asap?

Regards

Abe

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B.W.O.

#13
You can "just get on board" but I might suggest waiting till the next entry, however, since I'm currently in the red on the trade, it doesn't hurt to do so ASAP. But waiting till Tuesday's Open is advisable too.
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aebbingj

#14
Thanks, BWO
I took your advice (waited till Tuesday's open) and with your latest "sell" order I see I've already made a profit.
Regards
Abe