News Focus
News Focus
Followers 10
Posts 1305
Boards Moderated 0
Alias Born 01/05/2005

Re: positiontrader post# 24434

Thursday, 01/06/2005 10:37:38 AM

Thursday, January 06, 2005 10:37:38 AM

Post# of 37180
The result of entry point of 30 are better than entry point of 22 because of a simple reason. e.f. if RSI closes at 27 but goes up next day, the trade with entry point of 30 will be profitable. But the entry point of 22 will not even initiate a trade.

So entry point of 22 will almost always include all losing trade of 30 but will not include profitable trades of 30.

I have only two more posts left today (I get to post only 3 posts per day because of new alias) so I may not reply to all posts today.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today