RE: Beginners Questions
(2014-11-25, 09:37 PM)pcabc Wrote: I'm tweaking my scoring system. I can't see that Weinstein's method says anything about the closing price on breakouts - e.g. whether it must be higher than the breakout level. If it does that would make sense - but I'd like to cross check with the view of others.
he advocated the use of limit orders, so that would suggest he didn't use the closing price. Personally, I wait for a daily close after the weekly breakout