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 Author  Topic: Upside and downside trade quality
dan.chapmano3

 Post a Reply To This Topic    Reply With Quotes    Posted on: Apr 27, 2006 - 11:59pm
From a user:

not really understanding why both upside and downside trade qaulity indicator could both be very good or excellent at the same time. When I think a stock would be a very good long and the other indicators would support that...then the downside qaulity is often also very strong making me doubt the other indicators.. confusing to me.

Answer:

Upside and Downside trade quality look at trade profit, profit to loss ratio and target potential. These can both be very good to excellent at the same time when a stock has been flat for a while and/or at a mid point between overbought and oversold conditions.


Dan



 

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