Friday we had our second signal in DUST using the tweaked second system I posted which sported higher returns, and fewer trades (especially fewer failed trades). The idea was to buy on the open today and if you did so, you have somewhere around a 3+% gain on the day.
How you want to manage the trade from here is up to you, you can put in a trailing stop and guarantee a profitable trade or go along with the system. One of the important parts of the system is the stop loss which is not trailing, but static and calculated as a 3% decline from today's opening price.
I update the signals after market and they are executed the following day on the open.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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