Hi Tom and Daisy
>>>>Generally, SAFE for me is a "Set and Forget" item. <<<
That is how I play it.
At the present time I do not own TLT (long bond fund) but after the last few years I can see its value.
The next time interest rates invert (short rates greater than long) I plan to add it to my account.
I am wondering what SAFE and Min Order Size settings make sense. In looking at the Zig Zag on Stockcharts, a total of a maximum of 20% makes sense?????
So do I want a larger SAFE and a smaller Min Order Size ( with standard settings I would need a 30% swing from Buy to Sell or Sell to Buy and I would only have a 5% trade with it not likely to get another one in the same direction.
or
Smaller or no SAFE with a 10% MIn Order Size which would give me an order on a 20% swing, the order would be larger, and it would take a larger move for another order which if it was to happen would mean the market is really at an extreme?
With 0% Safe and 10% Min Order (all # rough may be 8% or 18% )
First Sell 10% Rise
First Buy 10% Drop
Consecutive SELL 10% Rise
Consecutive BUY 5% Drop (is this correct????? )
Swing from Buy to Sell 20% Rise
Swing from Sell to Buy 10% Drop (is this correct ???? )
If I increase BUY Safe to 10% 0% Sell Safe 10% Min Trade
First SELL still on 10% Rise
First BUY 20% Drop
Consecutive SELL is still on 10% Rise
Consecutive BUY is still on 5% Drop (is this correct???? )
Swing from Buy to Sell 20% Rise (actually greater)
Swing from Sell to Buy 20% drop ( how is this if first BUY is also on a 20% drop ????? )
As usual
Toofuzzy