He may be reached at. Clicking the links below takes you to Amazon. If you buy ANYTHING, they pay for the referral. You alone are responsible for your investment decisions. This article discusses the results of a system for trading the Welles Wilder relative strength index RSI as tested by Active Trader magazine.

Perhaps some version of it would work for your portfolio. Each day, I update the test portfolios that appear on the upper right of each page on this website. One of the portfolios, the RSI has a good reputation of knowing when to buy, but not when to sell and the draw down can be huge. Active Trader magazine, in their February issue, discuss an article titled, "RSI scale-out system," by Volker Knapp It's similar to my test portfolio but it scales out of trades.

Here are the rules.

RSI And How To Profit From It

For their tests, they used these guidelines on a portfolio of 17 stocks from Nov to Oct The average winning trade made They mention that no trade hit the 90 RSI reading and say that most exits are time based. My test portfolio rarely hits 80 4 times in 2 years in over trades.

A top end of 75 might work better as the last exit instead of My feeling is that entering when the RSI is climbing above 30 from below would be a better method than when it's trading system con rsi below The F2p money making methods runescape can remain below the 30 threshold for months and the stock keeps declining.

On the last exit, at 75 or 90 or whatever value you choose, having the RSI dropping down from above tends to help avoid exiting too soon as price climbs. It took me 15 years to discover that I had no talent for writing, but I couldn't give up because by that time I was too famous.

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He may be reached at Support this site! Bulkowski's RSI Trading System. Mechanical RSI Trading System Each day, I update the test portfolios that appear on the upper right of each page on this website.

Buy at tomorrow's open when the 14 period RSI goes below Set a stop loss for the entire position if price falls below the entry price by 5 times the day average true range ATR.

Sell the entire position if it is held days without any sell activity. See Also Borst setup.

A Simple RSI Pullback Trading System - fesajina.web.fc2.com

Learn to use yahoo! Here is a trading setup that rarely occurs, but can be quite profitable Dohmen setup position trading.

Several common sense rules combine to create swing or position trades. Use shallow throwbacks as an entry condition. Here are the rules for trading a flat base pattern. The monthly charts can yield some profitable setups. Use tall candles to help determine trend changes.

Any retracement will do for a swing trade. Here are some tips.