How do you decide which signal to take?I don't trade every signal. My sell/take profit target is up there.
How do you decide which signal to take?I don't trade every signal. My sell/take profit target is up there.
%%It can be useful for helping you to see what price is doing compared to a naked chart........


It can be useful for helping you to see what price is doing compared to a naked chart. However, just using it to go long or short is useless since by itself, it has only a 50% win rate, the same as flipping a coin.
I am more of an options trader. I am really just making daily delta adjustments.How do you decide which signal to take?
It can be useful for helping you to see what price is doing compared to a naked chart. However, just using it to go long or short is useless since by itself, it has only a 50% win rate, the same as flipping a coin.
What are you talking about? I am putting on a long swing trade in realtime just using the SMA and an oscillator that just uses the SMA. Watch and learn.
We came out of Oversold and it's cruising now. I am not sure that I would chase it here although I think it's in a fresh new bull market. The S&P and NASDAQ bull markets have gotten stale. Yesterday was a good entry point to go in as it held above the Stop loss level which is also just an SMA.
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MA's are only a guide. If you use them as a reason/ criteria to enter, you will lose long term. I guarantee it.
Bro, The SMA is the shit. The MACD oscillator built from SMAs crossed over in Oversold. I might cash in some delta's but I might not do anything and just wait for a substantial pullback and add more deltas. The SMA will be the guide. Someday you might understand the true power of the SMA.MA's are only a guide. If you use them as a reason/ criteria to enter, you will lose long term. I guarantee it.
%%MA's are only a guide. If you use them as a reason/ criteria to enter, you will lose long term. I guarantee it.

