if correlated in the same direction
that is the strongest of all
if opposite between chart and rsi
take your pick
but the risk is increased
the probability is lowered.
moo river
you need to be as disciplined as Theory
you need to be as patient as Theory
you need to be as meticulous as Theory
you need to ride it as Theory
moo river
upstream
buy near lowerbank with stop loss
once risen
stop profit and ride it all the way up to the upperbank
moo river
downstream
sell near upperbank with stop loss
once fallen
stop profit and ride it all the way down to the lowerbank
moo river
anything else
follow Theory into the gardens
get your fingers green
not chopped by falling knives
not burnt by erupting volcano
moo river
the Theory of daytrading
discipline
patient
stop loss
stop profit
ride it to the full course
moo river
the Theory of Life
you do little things
when you can
you achieve big things
moooooooooooooooooooooooooo
Note: Theory is my friend's alias on III FTSE100 forum who is simply the best Moo River Trader with a focus on automatic trading system development.
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