rsi2 getting close to 2 for gdx again

    Posted by 8899 on 15th of Apr 2013 at 10:50 am

    has it ever had a rsi2 failure to get over 80 and then given another rsi2 signal again like it may be doing now?

    thanks again

    8899 - as I showed,

    Posted by matt on 15th of Apr 2013 at 10:55 am

    8899 - as I showed, those trades can take HUGE draw downs before working out.  Remember the trade list and video that I showed, here's the trade list again - as you can see the current one would be down -14.7%, however this still isn't as much as the 15% draw down from the 2008 trade that still ended up a 6% winning.

    But it doesn't matter, you guys shouldn't be trading that system, as I said it was posted for statistical purposes, however as I showed, most of the trades take big draw downs, that's why I said it is not a system that I trade, you need another trigger because most of the time you get much better prices

    here's the trade list.

    otherwise GDX is UGLY UGLY UGLY UGLY

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