Registered: Sep 2007
12-30-12 01:35 PM
Quote from murray t turtle:
keep records especially TREND vs counter trend PROFITS
Its your business;
but momentum gets you out WAAAAAAy to early .I hate it;
it costs you much in profits, comissions.
wisdom is profitable to direct
Yes, I believe EMA's are the most important indicators. I am still learning how to read it correctly.
I use the momentum indicators mainly for the entry, not the exit.