Too Long; Didn't Read
Relative Strength Indicator (RSI): A Deeper Look at Trading Trades. RSI is a relative strength indicator that will give us proper signals to do so. The common goal is to preserve our capital and be a little bit smarter as it is a zero-sum game. To be a step ahead we always have to understand the movement of the herd and plan our steps accordingly, we should buy when the security is oversold and sell when it is overbought. The rule of divergence can be applied to RSI as well for better results.