The history on this one is interesting. For a short on about 5-2-16, it would have played out but taken 3 months to hit a buy signal. So a more profitably exit would have been if say 2 indicators flipped. The price was up a month later, with 3 sell signals in the mix.
It's clear that criteria to exit a position must be much looser than criteria to enter.
I'll set the exit point on 2 indicators convincingly flipping, or wait till 3 if they are less convincing. The actual hit was a few days ago at a price of about 5.90, near the present price.
Hey Joe. Awesome blog site you got here. I am tracking the Evo System like you, and got comfortable enough with it to enter some options trades. Not sure how Greg put this thing together, but it is one of the coolest trading tools I have ever seen.
ReplyDeleteGood luck to you :-)
Mabbers