trading using moving averages

Discussion in 'Journals' started by padutrader, Sep 10, 2019.

  1. padutrader

    padutrader

    do not get personal

    i was talking generally.-you do not know what i am.

    i was talking generally.
     
    #91     Sep 11, 2019
  2. padutrader

    padutrader

    too long
     
    #92     Sep 11, 2019
  3. easymon1

    easymon1

    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
     
    #93     Sep 11, 2019
  4. padutrader

    padutrader

    looks can be deceptive
    trading is extremely difficult......there are hardly any times when you have any sort of edge.
     
    #94     Sep 11, 2019
  5. padutrader

    padutrader

    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.
     
    Last edited: Sep 12, 2019
    #95     Sep 11, 2019
  6. padutrader

    padutrader

    you seem to have a good nature and are broad minded......i think you must be new to this
     
    #96     Sep 11, 2019
  7. padutrader

    padutrader

    i bought my first share in 1994.....that was the best....then i started trading futures in 2004 till 2007
    then day trading.
     
    #97     Sep 12, 2019
  8. 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?
     
    #98     Sep 12, 2019
  9. tommcginnis

    tommcginnis

    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.
     
    #99     Sep 12, 2019
    MattZ likes this.
  10. 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.
     
    #100     Sep 12, 2019
    MattZ and tommcginnis like this.