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re: Technical trading
Posted on 6/20/17 at 9:40 am to Doc Fenton
Posted on 6/20/17 at 9:40 am to Doc Fenton
Interesting stuff. I've read in a couple of places that backtesting isn't as reliable as you'd think due to changing market dynamics. But the logic of the RSI-2 system seems pretty sound at first glance. A good test case right now is COST. 72B company that just lost a quick 10% of its market value due to the AMZN news but is still above the 200d.
I'll probably do some paper trading on this to test the waters and go from there.
I'll probably do some paper trading on this to test the waters and go from there.
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