Replies to post #13731 on ETF SWING & DAY TRADING

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zelareka:

I took the list of QQQQ prices and RSI 5's for the last 5 years and manually checked the buys, sells, shorts and covers using my RSI parameters. It was very profitable every year.

I was not able to use the SMA 2 feature as they were not included in the historicals. I have seen the SMA 2 give as much as a .49 better price and a 4 or 5 cent worse price.
I have tried other MA's and there are some that have merit. It's just preferemce.

I did use the step aside which means when I had a stop loss I would wait until I had a signal going the opposite direction. The biggest drawdown is 2% which is the stop loss used. The 800% is with margin and is compounded.

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