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JohnCM

03/28/19 5:10 PM

#4313 RE: MagicCap #4310

I am thinking about "turbo charging" my returns or being a more active trader. That would be working with the RSI(14) number and trading around a position. Trading 25% to 33% of your position in and out depending on the stock being over sold or over bought.

IF ... this baby gaps, it may be a one or two day gap. I suggest selling 25% at the peek and buying back around RSI(14) 50. There are risks to this. My plan is to buy a binder and instead of waiting and keeping track of phantom trades, I will go ahead and get a touch more aggressive with real trades and track. If I have success, I will keep it up. If I start to squander money, then I might lay off of this strategy.