Is there a way to confirm this as a consistent profit booking strategy. Meaning, the first time +/- 2 SD is touched one should take small profit in every trade? Will that add a positive edge?
Is there a way to confirm this as a consistent profit booking strategy. Meaning, the first time +/- 2 SD is touched one should take small profit in every trade? Will that add a positive edge?
It is a very important tool which I have been using for many months for profit booking....found that it works well ...giving us a definite edge.....but using it is an art....