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Wednesday, October 12, 2022 11:21:14 PM
curious what your chart currently shows.
Where is the likely bottom and why has it dropped so much this cycle? Any feelings on SP 1yr, 5yr???
Strategies are NOT predictive, they're reactive: when rules are met, trades are entered. When additional rules are met, trades are exited. Most folks could use a little discipline in their trading (especially those who add to losers, etc).
I have opinions like everyone else, but the market doesn't care what any of us think, that's why I backtest simple rules & apply very basic statistics to my trades.
Best of luck!
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