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positiontrader

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positiontrader

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Re: tclark1 post# 27012

Sunday, 03/26/2006 10:24:37 PM

Sunday, March 26, 2006 10:24:37 PM

Post# of 79025
tclark 1,

<have played with some rebuys after stopping out of VTO plays, but to date have not found a consistently profitable signal. Haven't given up on it yet, but I think a better option would be to figure out how to stay out of the losing VTO signals to begin with. Or to average in during cautious times.>

Had you thought about waiting for RSI to drop below 18-20 before rebuy long?

In my own system if I get a down signal I will ignore it only when the RSI 5 gets below 20 and I will go long.It is the only time I will ignore my signal and do the opposite.

Regards

Marc


Take calculated risks

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