GDX doesn't trend well enough on the daily to get good stats its
been down 1/2 the years it's been trading, does not trend like the
index or big cap trending stocks. If I tweak the daily with custom
settings it's profitable but a PF just below 2, so blaaa
remember I showed that a 1/2 day or 78 min GDX KISS had really
good stats - again per my comments above my guess is that you can
capture long enough trending moves on intra day time frames to
catch nice trends, whereas daily is just too high of a time
frame
Posted by skwan1940 on 5th of Oct 2023 at 01:30 pm
yes, thank you Matt, I meant to say: I wonder if OIH or URA
would fare any better or are they like GDX? because those two
are in the commodity space like GDX (unlike QQQ, AAPL, SPY, etc.
who are in the mainstream stock market space)
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GDX doesn't trend well enough
AAPL daily KISS system
Posted by matt on 5th of Oct 2023 at 12:52 pm
GDX doesn't trend well enough on the daily to get good stats its been down 1/2 the years it's been trading, does not trend like the index or big cap trending stocks. If I tweak the daily with custom settings it's profitable but a PF just below 2, so blaaa
remember I showed that a 1/2 day or 78 min GDX KISS had really good stats - again per my comments above my guess is that you can capture long enough trending moves on intra day time frames to catch nice trends, whereas daily is just too high of a time frame
yes, thank you Matt, I
Posted by skwan1940 on 5th of Oct 2023 at 01:30 pm
yes, thank you Matt, I meant to say: I wonder if OIH or URA would fare any better or are they like GDX? because those two are in the commodity space like GDX (unlike QQQ, AAPL, SPY, etc. who are in the mainstream stock market space)