Replies to post #186193 on SPDR S&P 500 (SPY)

[USDollar]

I'm ready to bet that your fees even doubled are far bellow 50k

The point is you need to find a "manager" and then allow it to manage your holding to prevent unnecessary extended draw-downs.

I can not find this for you as you have your own experience and you like your own things, but you have to decide on something intraday, something that you like and find that works most of the time and anoint it "manager" and oblige by it's orders.

i.e. a moving average of your choice that will have you enter, exit, re-enter, all on your own condition (I suggest a double thing like and avg and sto AND macd - double indications work better)

I mentioned "fees" in the beginning because such a manager would trigger in and out orders which in the end are costs, so it's important to remain realistic. But by the same token, the premium of re-entering may be also better so you'd have another equalizer there for fees aside of managing.

It's always a good time to look into it seriously.

I hope it makes sense to you.

None of us gain from your loss.

GL


p.s. I hope SPY goes bellow 180 soon so we both will be happy