bye .....
trading using moving averages
- Thread starter padutrader
- Start date
you are the ridiculous one
Soros said the most important thing is risk management......but that it is not the only thing
like you? if you get personal with me you will get it back.
there are no imperfect traders.......do not assume the other man is stupid
you take a words out of context and make a joke out of itGotta mark this, simply because it's so funny:
OK, I'm really done now.
at least i have manners and do not get personal
https://therobusttrader.com/ed-seykota/
Seykota often has said to risk 1% on trades. "Edge" means just about anything you want it to mean and it is often complex of multiple factors and not just one subject. For long term trading, if anyone is a coin flip, 50%, of many trades, you are an incredible trader for risking small amount and going for much more. Even 30-40% possible of making buckets of profits in commodities, I believe stocks are easier as natural tendency to go up but more whipsaws.
Getting back to moving averages, if you have a short and long simple moving averages, often times the short's direction is counter to longer term SMA, one can enter above the highs of lowest high or enter on close of higher close than one bar ago with momentum. But where that symbol is in relationship of overall price action does make a difference, getting into third wave early or 2nd push into trend often has more possible profits and opportunities to add. But not all symbols act the same and always best to do some back testing to see whether it reacts same or worse than majority.
Seykota often has said to risk 1% on trades. "Edge" means just about anything you want it to mean and it is often complex of multiple factors and not just one subject. For long term trading, if anyone is a coin flip, 50%, of many trades, you are an incredible trader for risking small amount and going for much more. Even 30-40% possible of making buckets of profits in commodities, I believe stocks are easier as natural tendency to go up but more whipsaws.
Getting back to moving averages, if you have a short and long simple moving averages, often times the short's direction is counter to longer term SMA, one can enter above the highs of lowest high or enter on close of higher close than one bar ago with momentum. But where that symbol is in relationship of overall price action does make a difference, getting into third wave early or 2nd push into trend often has more possible profits and opportunities to add. But not all symbols act the same and always best to do some back testing to see whether it reacts same or worse than majority.
thank you you for this...........this is what this forum is all about...
it is offering 'actionable' comments
i hope everyone recognizes the spirit in which you have made your comment and which is the same spirit in which i have begun this thread.
in the USA the long term tendency is for stocks to go up.
the whispers have been going on for more than the a decade that the American govt 'supports stocks.
you cannot beat [any] government.......... in the longer term.
One who only risk 1% on trades, because his edge is too small.
Most traders agree that risk 1% is correct because most traders' edge is too small, if they do have.
Warren Buffet didn't think he take huge risk. He believe he hold something that have higher value than public realize.
Higher reward doesn't need to come with higher risk. If you find something that no other people find, then you can get high reward on low risk.
WHO IS TAKING THE OTHER SIDE OF THE TRANSACTION?
The ones who have worse judgement than you.