Stick to the System by nealmcspadden

hive-167922 · @nealmcspadden · Sep 16 '20

$4.98

Stick to the System

So I have a daily trading system for the SPY. It's straight momentum, and I've discussed it on the Leo Roundtables several times. 

The conditions to get in are simple: If the gap is in the right direction, wait for a retracement and jump in.

Today, I was waiting for a pullback and then planned to get long.

This is what happened:

https://i.gyazo.com/89c18f48fa3ca763b45a08a564cf0232.png

I set alerts so that I don't have to sit there watching it. I even gave myself a little bit of buffer room and set the alert a bit above yesterday's close. 

That green reversal candle came within 0.05 of my alert and then turned around. That would have been 2 points on the SPY in a daytrade. That'd be a bunch of money in my pocket. 

But it didn't hit my alert. I didn't get into the trade. I've learned from long, painful experience that you need to stick to your system if you are going to trade your system. It sounds simple, but it's hard to do.

Posted Using [LeoFinance <sup>Beta</sup>](https://beta.leofinance.io/hive-167922/@nealmcspadden/stick-to-the-system)

👍 buildawhale, leo.voter, themarkymark, msp-mods, msp-waves, empoderat, onetin84, ctime, therealwolf, forexbrokr, nateaguila, mmmmkkkk311, khaleelkazi, recoveryinc, smartsteem, ezzy, smartvote, enforcer48, exyle, gerber, roomservice, payroll, pladozero, dagobert007, manniman, visionaer3003, someguy123, dcityrewards, onealfa, hivecur, project007.leo, accelerator, emrebeyler, netaterra, scaredycatguide, dying, johnolusegun, makerhacks, mcoinz79, nealmcspadden, engrave, merlin7, dlike, steem.leo, bert0, maxuvd, leofinance, trumpikas, tombstone, lenonmc21, steem.services, followjohngalt, dune69, pixelfan, purefood, mitchelljaworski, freddio, localgrower, mfblack, mice-k, gadrian, bestboom, rollandthomas, josevas217, and 85 others

`author`	nealmcspadden
`permlink`	stick-to-the-system
`category`	hive-167922
`json_metadata`	{"app":"leofinance/0.2","format":"markdown","tags":["trading","stocks","psychology","palnet","leofinance"],"image":["https://i.gyazo.com/89c18f48fa3ca763b45a08a564cf0232.png"]}
`created`	2020-09-16 16:42:36
`last_update`	2020-09-16 16:42:36
`depth`	0
`children`	1
`last_payout`	2020-09-23 16:42:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	3.022 HBD
`curator_payout_value`	1.963 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,063
`author_reputation`	297,254,610,598,546
`root_title`	"Stick to the System"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	99,661,129
`net_rshares`	22,363,183,133,846
`author_curate_reward`	""

properties (23)vote details (149)

voter	rshares	pct
tombstone	16,083,309,474	0.75%
onealfa	58,937,484,449	2%
mangou007	6,669,003,740	4.13%
gerber	121,353,303,281	2%
ezzy	141,256,979,693	2%
exyle	123,958,608,558	2%
scaredycatguide	35,257,272,736	50%
bert0	21,780,420,064	4.13%
netaterra	38,608,331,558	1.8%
someguy123	65,164,625,306	2%
mitchelljaworski	12,012,132,128	100%
sellergenius	572,028,602	30%
automaton	2,225,949,297	100%
privex	3,722,661,739	4%
dune69	13,697,611,612	2%
papadimos	5,708,201,057	50%
roomservice	83,779,444,411	1.87%
mys	2,698,048,977	3.78%
trumpikas	16,950,183,148	31%
whd	5,133,451,398	3.78%
forexbrokr	683,634,621,176	100%
apoloo1	5,081,981,819	20%
mcoinz79	27,863,658,582	1%
shitsignals	813,529,182	2%
themarkymark	2,264,225,651,122	10%
pixelfan	13,167,363,894	2%
khalil319	601,322,048	25.5%
lenonmc21	14,680,839,788	100%
msp-waves	1,105,289,924,984	100%
onetin84	853,398,276,249	100%
accelerator	44,277,815,027	5%
buildawhale	7,392,647,352,340	10%
therealwolf	721,833,849,517	2.5%
makerhacks	28,627,369,863	10%
khaleelkazi	253,323,636,140	54%
flamingirl	1,057,357,080	4.13%
sahil07	1,165,934,147	100%
caladan	4,383,790,596	1.9%
msp-mods	1,367,368,992,224	100%
emrebeyler	41,652,655,283	2%
dashroom	2,575,595,131	80%
smartsteem	146,283,890,993	2.5%
not-a-bird	4,480,128,947	20%
funt33	457,398,995	100%
upmyvote	7,386,994,337	10%
mmmmkkkk311	258,768,115,330	3.5%
nealmcspadden	26,844,631,524	2%
purefood	12,646,012,222	2%
letshodl	644,585,930	100%
bellarulox	574,312,072	50%
pkocjan	894,446,572	1.6%
movement19	3,313,661,536	2.5%
karmadorje	1,426,949,900	60%
josevas217	8,012,288,737	3.3%
beleg	1,701,712,571	3.78%
bestboom	9,061,883,476	2%
manniman	67,418,876,221	33%
stmdev	386,266,506	10%
paragism	1,040,039,403	6%
freddio	11,805,531,052	15%
gadrian	9,707,793,852	6.4%
themightyvolcano	1,759,088,796	2%
rollandthomas	8,488,130,518	2%
payroll	81,335,031,618	2%
steem.services	14,318,546,512	0.5%
pladozero	79,201,587,389	10%
nateaguila	296,589,098,727	8%
enforcer48	124,193,049,907	15%
archisteem	1,621,017,031	7.5%
vensurfer61	538,724,008	30%
dalz	2,981,377,560	1%
smartvote	132,014,018,446	6%
jk6276	0	1%
julian2013	2,242,026,538	1.7%
dlike	23,758,943,690	2%
engrave	26,493,333,336	1.6%
bobby.madagascar	727,821,760	1%
oakshieldholding	280,018,392	80%
laissez-faire	44,686,152	100%
voter001	6,768,354,892	11.9%
berthold	2,269,772,578	6%
merlin7	25,761,534,339	2%
memeteca	508,019,666	4.13%
steempope	462,513,114	70%
followjohngalt	14,227,135,304	2%
erarium	2,054,675,472	60%
apofis	798,505,037	100%
permaculturedude	750,721,774	2%
ctime	818,084,179,612	5%
limka	376,229,633	100%
crownbee	0	1%
engrsayful	2,539,511,541	4%
mfblack	10,245,596,445	1.9%
epicdice	5,553,892,254	0.75%
dtrade	682,295,253	25%
haxxdump	0	5%
dalz1	1,170,138,472	100%
triplea.bot	668,432,100	2%
steem.leo	22,013,146,944	2%
abh12345.leo	1,018,445,686	80%
leovoter	538,263,916	40%
mindtrap-leo	1,017,362,773	50%
leo.voter	2,911,721,553,788	20%
leo.curator	1,405,421,018	40.8%
onealfa.leo	5,797,520,001	37.77%
empoderat	867,032,095,649	50%
vxc.leo	8,533,798	21%
scaredycatcurate	5,103,259,596	100%
freddio.sport	3,367,427,074	15%
zaku-leo	683,077,656	20%
asteroids	2,100,990,321	1.8%
arctis	628,526,535	50%
midlet-yourleo	724,680,346	40.8%
mapxv	3,165,942,258	29%
botante	1,802,413,873	0.5%
revise.leo	1,352,879,651	100%
maxuvd	20,346,295,597	6%
spinvest-leo	394,924,205	5%
astraeas	557,681,548	54%
akpofure	233,649,585	51%
chloem	559,468,990	54%
leotrail	530,450,165	50.74%
tonimontana.leo	836,802,069	18.72%
gerbo	0	2%
project007.leo	47,671,852,681	100%
javb	658,434,266	20%
jgb	1,281,004,355	3.71%
meosleos	914,523,538	100%
sumatranate.leo	1,464,609,615	75%
ribary	620,427,897	1%
toni.pal	9,726,889	4.9%
mice-k	9,935,093,464	2%
ldelegations	1,099,056,703	100%
leofinance	17,984,646,614	20%
ykretz	2,550,858,735	10%
visionaer3003	65,378,974,441	2%
polish.hive	5,386,151,367	2%
dcityrewards	63,917,184,189	2%
hiveonboard	2,439,174,700	1.87%
johnolusegun	29,109,862,455	100%
localgrower	10,650,427,012	12.5%
adamsidney	28,529,234	8%
hivecur	51,038,934,050	2%
hatschi0773	7,331,983,697	2%
recoveryinc	216,251,584,459	5%
dying	34,180,571,239	5%
cmplxty.leo	677,478,413	20%
dagobert007	73,817,637,256	2%
leoneil.leo	239,498,073	50%