Stochastic RSI 20% bullish crossing is a dependable buy signal (or sell signal).
The stop should go below the current recent higher low. Remember to use 1% risk
maximum so calculate your position size correctly.
The stop should go below the current recent higher low. Remember to use 1% risk
maximum so calculate your position size correctly.
Comment:
Ok this was wrong. That is ok. We get that sometimes. But stops are there for a reason. A 1% loss is no big deal and easy to manage emotionally. Looks like we are going to move into a deflationary period as I had previously hypothesized. .