200DMA

taojaxx · Jul 5, 2021

Never buy below 200DMA is a rightful tenet.
What if there's a discrepancy between 200 DMA/day and 200 DMA/week? Case of TLT at the time of this posting.

Overnight · Jul 5, 2021

taojaxx said:
Never buy below 200DMA is a rightful tenet.
What if there's a discrepancy between 200 DMA/day and 200 DMA/week? Case of TLT at the time of this posting.

So what are we supposed to do...Sell below the 200MA? This is the stupidest thing I have heard in quite a while during this bull market.

maxinger · Jul 5, 2021

TLT still going up gently.

don't blindly sell below 200 dma.

simply remove all MAs. then you have one less problem
to deal with.

taojaxx · Jul 6, 2021

Overnight said:
So what are we supposed to do...Sell below the 200MA? This is the stupidest thing I have heard in quite a while during this bull market.

Stupid is as stupid goes. Maybe not buy TLT too early? If you don't have anything positive to contribute, just STFU

taojaxx · Jul 6, 2021

maxinger said:
TLT still going up gently.

don't blindly sell below 200 dma.

simply remove all MAs. then you have one less problem
to deal with.

Not about selling. Just about expanding bullish position

Overnight · Jul 6, 2021

taojaxx said:
Stupid is as stupid goes. Maybe not buy TLT too early? If you don't have anything positive to contribute, just STFU

Make it a 400 MA then on whatever timeframe. Whatever fits your beliefs, dude! What do the stock's fundamentals tell you?

taojaxx · Jul 6, 2021

Fundamentals pretty strong in my view. But I trust Mr.Market's view more than my own. Which is why I use TA

taojaxx · Jul 6, 2021

maxinger said:
TLT still going up gently.

don't blindly sell below 200 dma.

simply remove all MAs. then you have one less problem
to deal with.

Not selling. Building up bullish position.That's why I ask. Does it make sense to build a bullish position below the 200 daily Moving average.

Nobert · Jul 6, 2021

Fundamentals first.

If there's no clear fundamental reason for the price to behave so, then ,,it makes sense" to build a bullish position.
(Talking about equities. Given the brrrRrr print and global order, have no clue on how to measure the bonds)

https://www.nasdaq.com/articles/irobot-irbt-shares-cross-above-200-dma-2020-04-24

Tho, it has little accuracy overall, if to compare with bottom fishing, since % drawdowns would be larger & freequent.
Holding periods would also expand in your disfavor.

Conclusion - better than nothing for a newb ; from thousands of bets, especially SNP type of a kind, would provide a small edge over other ,,blind" retailers, yet,
as ones experience would grow, inevitably, this indicator would be (should be) -
forgotten.

taowave · Jul 6, 2021

Ok,I'll bite..

What the heck is a 200 DMA/day vs a 200 DMA/week??

DMA/week??????