When MIPS issues a CASH signal
- you sell everything and stay in cash.
When MIPS issues a LONG signal
- if you are in CASH, you buy
- if you are SHORT, you cover your short and then buy
When MIPS issues a SHORT signal - if you are in CASH, you go short or buy an "inverse"
- if you are LONG, you sell and then either go short or buy an "inverse"
II.) WHEN TO TRADE
Almost all MIPS trade signals are sent via email after the close on one day and before the open on the next day
- in this case, you should trade on the next open.
In the rare times that MIPS sends out intraday signals,
- you should trade at the next opportunity that day or on the next open.
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