TYH Daily Trend Model
The most difficult question is, what to do now?
Do you wait for the next signal, which will be a Sell, or do you get on board the overbought train?
My suggestion is that it doesn't matter much, since eventually there will be a Sell, followed by another Buy. Patience rules.
If TYH isn't accommodating, we will find something that is.
2 comments:
MIRAGE -- n., a phenomenon by which the image of some object appears displaced above, below, or to one side of its true position.
"TYH is a triple leveraged bullish technology ETF that trends well under the alogorithm"
Please prove this statement by doing a backtest using the entries and exits generated by the algorithm from the time TYH started trading from December 2008 till now to show a performance report that show that this is profitable.
Thank you.
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