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Re: No-dough-go post# 2991

Sunday, 08/26/2012 10:38:41 AM

Sunday, August 26, 2012 10:38:41 AM

Post# of 16750
Admittedly, would I miss the runs you named just based on a technical indicator? Sometimes, fundamentals trump technicals. Sometimes, depending on the time and the belief of the timing of the fundamentals, technicals trump fundamentals. Just guessing, I would not have passed on a trade purely because of failure to fill a gap. I might have passed on a trade because the RSI was over 80. Hard to say. I don't know if I would have passed on news being priced in. Depends on the quality of the news. Some technicals, however self-fulfilling they may be, have statistical importance to occur more often than not. As a strategy, it is better to play the percentages. I probably would have, despite missing an occasional gain.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y