Re: A TRADABLE CONCEPT?
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-Trading at 5-10 day lows (I am still trying to find the "magic #"
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There really is no magic #. It looks like you're buying some kind of retracement here, but the values you choose for trade set-ups or entries are less important than the amount you decide to bet on your decision or how you are going to exit the trade.
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I am finally backtesting starting tonight and will see.
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I'd like to know what you are using for backtesting? Are you pouring over historical charts/data or trawling through excel. If you're using software, please say which one.
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