Loading ...DUST/JDST When to sell???
OK – we accumulated correctly – had a modest 15% drawdown of capital during the accumulation period (15-20% is typical in my accounts).
We are now solidly positive 50%+ on the trades – OK – when do we sell:
After RSI moves below 30 (on the underlying – I use GDX/GDXJ for simplicity) and then back above 30
NICE Patty
KISS !
Looks like a great exit plan
Only 50% ?
🙂
You’re a Genius!!! Handing out the keys to kingdom!
Yea – just try to “sit” when a “countertrend” rally can cut you profits in half in a day or two!!!
On the other hand – I use a “bunch” of indicators and sources for my decision-making process – and it STILL COMES DOWN TO THE IMPLEMENTATION!
Believe me I know very well what that feels like….but your idea in today’s post is a great addition to one’s “bunch” of indicators so thanks for sharing it…..