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Online Share Trading

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Lazy system

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Salv
Frequent Contributor
Just checking, positive close today on top40 = Trigger confirmed? Therefore buy?
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6 REPLIES 6
saash
Super Contributor
So today positive 4-30 above yesterday's close is a confirmation for yesterday's trigger to go long? Hm - so if the afternoon brings about a gap close instead, meaning that we be negative at 4-30, the trigger holds and you wait for a confimation tomorrow at 4-30???
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Salv
Frequent Contributor
Thats how i understand it...can someone confirm?
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NJ_1
Frequent Contributor
Yes, assuming you're not in a trade already.
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Salv
Frequent Contributor
Great Thanks!
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saash
Super Contributor
Ok - so now lets look nicely. This be an ENTRY position for Simon's system? Presuming you got stopped out on the 2nd Sept, failing which you're still long, high, and sitting pretty. To me it looks like a risky entry position.
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SKALA
Super Contributor
Ek is in; sal sien.
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