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22 April 2015

 

Trading Note

Recent trading was based on following simple rules - very effective. Take emotions out of trading.

Accumulate daily once PE is lower than 12 AND RSI 14 is less than 20 (can be less than 30 for good companies).

Start to take profit daily once RSI 14 is more than 70 (can be more than 80 for good companies).

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