|
PureBytes Links
Trading Reference Links
|
Save yourself a lot of time. If you want to explore moving average
systems, then don't rely on crossovers for triggers. Instead, look at
price relative to the moving averages you're interested in.
Concentrate on price action and market internals. That, combined with
good money and risk management are what make superior systems.
I trade the ER2 (Russell 2K e-mini futures) in real-time and rely
heavily on moving averages. But it's never the crossing of any of
them that triggers a trade.
[I don't kow why every newbie trader looks at crossovers of lagging
indicators for trade entries, but they do...and I've never heard of
one making a successful living or highly profitable side-paycheck
doing it]
|