do not get personal
i was talking generally.-you do not know what i am.
i was talking generally.
trading using moving averages
- Thread starter padutrader
- Start date
i was talking generally.-you do not know what i am.
i was talking generally.
too long
lol, having a tough day?
really, for what duration would you say you have seriously persuing profits through hands on trading. You look to be pretty good at it.
cheers
looks can be deceptive
trading is extremely difficult......there are hardly any times when you have any sort of edge.
in day trading and leveraged trading in forex....12 years
and i still suck at it.
if you can afford it.....meaning you have enough capital to trade, do longer term never day trade...... swing trade
also never leverage
i have a lot of time on my hands i have some alternate income and i am 60 years so i just want to be occupied and maybe learn something eventually.
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you seem to have a good nature and are broad minded......i think you must be new to this
i bought my first share in 1994.....that was the best....then i started trading futures in 2004 till 2007
then day trading.
Out of curiosity: what was/is the purpose of your trading? Do you do it to supplement your income? Or is there an other motivation?
A quibble/substantive criticism [yes, that's a bit of a contradiction...]
"Not a bad job!" overall, but there were only two sentences in the whole piece that allowed for consideration of anything beyond the 20/50/200 MAs that so-blinder half the participants on this thread. This totally made-up but nearly universal insistence on not treating MA lookback parameters as *anything* but optional starting points -- this is one of the cause of more lost capital than perhaps anything else in what passes for trading education. It *really* deserves more than a passing reference -- it should be front & center. Test the lookback; evaluate; test some more; always always always. "First order of business."
You wrote a nice piece on how-to-use something -- but it should be preceded by insuring that it works, first.
As a starting point about the usage of moving averages is it a good article. It would have been a very small step to mention that comparing two moving averages to identify "strength of the trend" forms the core of the MACD indicator.