yes end of day, however the starts are still Ok even if an
oversold reading of 2.2 - 2.5 was used instead of 2.
But again realize that GDX is in a strong down trend, and while
those stats look good on the surface, you had to go through some
pain at times with the position being down a many times before
closing positive - average draw down is almost 5%
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Do you need to wait
GDX RSI strategy, RSI 2 closes below 3, see video and details
Posted by mgbarcia on 12th of Jul 2012 at 01:47 pm
Do you need to wait until the end of the day to enter on the system, or could we get in now?
yes end of day, however
Posted by matt on 12th of Jul 2012 at 02:20 pm
yes end of day, however the starts are still Ok even if an oversold reading of 2.2 - 2.5 was used instead of 2.
But again realize that GDX is in a strong down trend, and while those stats look good on the surface, you had to go through some pain at times with the position being down a many times before closing positive - average draw down is almost 5%