SMC Update 6-16-21

06/16/2021


Comments (5)
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arcon00224
arcon00224

Thanks Peter, enjoy the family and show us a shot of the ocean on the next update. What town are you in? We traveled the entire PCH all the way from the Mexico Border to Canadian Border. Hoping to camp more of it in the future!

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daniel039209
daniel039209

How can one profit from a short term signal that’s given and then met within the day ? By the time signal is alerted, it’s over ?? What am I missing ?

Optimus
Optimus

daniel039209 said:

How can one profit from a short term signal that’s given and then met within the day ? By the time signal is alerted, it’s over ?? What am I missing ?

Good question. In the past, Peter had discussed his intra-day indicators if one is so inclined. Perhaps he could talk about those at some point again in light of the new software. I personally don't have time during the day but would be very much interested in learning.

Jon
Jon

daniel039209 said:

How can one profit from a short term signal that’s given and then met within the day ? By the time signal is alerted, it’s over ?? What am I missing ?

Good question, I would like to know also.

Peter Eliades
Peter Eliades

daniel039209 said:

How can one profit from a short term signal that’s given and then met within the day ? By the time signal is alerted, it’s over ?? What am I missing ?

One way is to see if any further projections have been given beyond the single day given and met. If not, then depending on statistics and other guidelines, one could take a position in the opposite direction. I should emphasize it has been my preference, with certain exceptions, to take positions in the opposite direction after projections are met with no further ones given. So indeed "given and then met within the day" can be very helpful...

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