Due to an uncooperative market, the aforementioned automated dual RSI strategy ended the day down $15 bucks on one NQH contract, net of commissions. By using a manual pyramiding strategy, I did a little better, up ~ $90 on the day.
FYI, this dual RSI strategy does not presume to know what the market will do next, it just follows its trading rules based on what the market actually does. Sort of a Ronco Rotisserie approach, i.e. "set it and forget it."
Kind regards, -CAPT J
"What would you attempt to do if you knew you could not fail?"
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.