Friday, August 30, 2013

Trading System Rules

Do you have what it takes to follow the rules of a system? Most people can't.

Example:

1. Stock  above the 200 Day Moving Average;
2. RSI (4 Period) close below 20. Buy 1/2 on close;
3. Buy a second half if RSI closes below 15;
4. Exit when RSI closes above 60;



What do you think?

I will show next how to improve the exit.

Thanks,

S.

No comments: