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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (17535)11/5/2002 8:27:37 PM
From: Warpfactor  Read Replies (2) | Respond to of 23153
 
<<Warp, bpcompq: I'm just looking for a swing trade type on entry/exit signal. It looks so easy in hindsight.>>

LOL!, you can say that again. I started trading off of the RSI signals a couple months ago. Mentally, every time I go in is painful. In Sept (and early Oct) I was getting signals to go long at the depths of viscious selloffs.
Currently, I am getting short signals. Yesterday the SOX, today the QQQ. Again, I feel very queasy about taking these short positions with the runups we've been having. I have the gnawing feeling I am going to get steamrollered. And its going to be this way every time I choose to employ this strategy.