Wednesday, January 23, 2019

Trick Trading 101: Moving Averages As Well As Patintero




Trading or Investing inward stocks is similar playing Patintero. 
It's all virtually the lines.


Taken from en.wikipilipinas.org


When I started trading stocks, i didn't know anything virtually candlesticks or patterns. And though I did my best to larn them, every bit a newbie without a mentor, I got frustrated halfway. I tried listening to the words of the 'enlightened ones' or gurus - sometimes it helped, sometimes it didn't. 

Starting out, my exclusively trading organization was "Buy as well as Pray."
It's funny when I intend virtually it now.

But hey. Later I establish out a improve agency of trading - Following "The Lines."
And these lines became my trusted friends inward trading. The Moving Averages.

These are my linemen. You tin customize your linemen the agency you lot want.

Red Line = xxx MA
Pink Line = lx MA
Blue Line = ninety MA


In Simple words:
When your "linemen" are inward a higher house the candles, the tendency is down.
When your "linemen" are below the candles, the tendency is up.


In Patintero, in 1 lawsuit a lineman catches you, you're out! Period.
In stocks, I tin lead which lineman tells me when I'm out.


Example:






Because No affair how fundamentally corporation or trashy the stock, 
it is emotions that drive the price.




Additional Notes:

+ Moving Averages industrial plant good amongst Blue Chips, to a greater extent than or less s Liners,
 but rarely on tertiary Liners (should hold upwardly jockeyed).

+ When you lot run MAs, you lot require to accept patience. 

+ My electrical current linemen are 20/50/100 MAs.

"The tendency is your friend."

+ Always reckon how many of your linemen are on your side. 
Ask these questions:
x - How many are below/above the candles?
x - Which MA is bullish/bearish?



No comments:

Post a Comment