Now that you've explained your use of the RSI, the strategy makes more sense. You never said before that you use 70 RSI as a trigger to ADD to a position...you always came across as stating that 70 RSI was when you would take out your initial position.
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.