I'm new to this site, but noticed Matt mentioning that BPT MA is
an "indicator" - and should be used as such. That intraday
change from short to long was kind of difficult to understand, it
was against the (still) prevailing short term trend - and I didn't
do it. We're all human, mistakes happen, and with investing
and trading it is - ultimately - always the responsibility of the
trader. The person who owns the capital.
On the positive side, the preceding sell signal gave me the
confidence to take a somewhat larger short position than I would
have otherwise. The difference paid a lot more than the cost
of the subscription. Thanks, guys!
A.
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BPT MA signal
BPT MA Deluxe Clarification
Posted by anatole on 11th of Oct 2014 at 08:41 am
I'm new to this site, but noticed Matt mentioning that BPT MA is an "indicator" - and should be used as such. That intraday change from short to long was kind of difficult to understand, it was against the (still) prevailing short term trend - and I didn't do it. We're all human, mistakes happen, and with investing and trading it is - ultimately - always the responsibility of the trader. The person who owns the capital.
On the positive side, the preceding sell signal gave me the confidence to take a somewhat larger short position than I would have otherwise. The difference paid a lot more than the cost of the subscription. Thanks, guys!
A.