Recent content by Chipmunk

Hourly RSI It's been years since the below hourly RSI system has been posted. Has anyone been using it in the ensuring time? Any info on results? Are there any refinements or modifications that have been used that you care to share? Re the daily RSI, the system can be improved by lowering...

Re: The system explanation :)How has the system performed since the posting, almost 6 years ago? Are the short positions anywhere as profitable as the long ones?

:)Stops are good. yes they will limit the amount you can earn but you will sleep better at night and you can leverage more cause your loss is more likely to be limited. Has anyone checked out RSI 5 on a time basis less than 1 day? Chipmunk

Using ETF's, transaction costs are almost nill. Take a look at the bid-ask spread for SPY, they are 1 to 2 cents; add in trading commissions which should be less than $10 a side and you have a trade where transaction costs are almost very small.

All investors who BUY options will loose 100% of their money. If you want to make money with options, be a seller . Since your loss potential is high, you have to know in advance when you are wrong - then exit.

The percent risk per trade has to take into consideration leverage. 1% risk may be fine for a future trade, but too low for say a straight equity trade. Also, a day trader of futuers who has numerous trading signals would risk less than a position trader who has fewer opportunities and plans...

Security to trade RSI 5 Hi Ben, May I ask you what type of security do you envision trading the RSI 5 model, Futures, options such as selling puts or using put credit spreads, ETFs or something else? Selling puts that are 5% out of the money interests me. As I write, we have just received good...

rsi 5 Instead of being fancy, why not just put in a single stop-loss order, say at 5%, and live with the diminished proft? When run with the S&P 500, the win ratio is 75% with a 5% stop. Also, results don't improve with a 100 day ma filter.