I'm not sure. I will try to come up with other personal signature instead. "Pax!" has a strong religious content. I think I would better not vulgarize it. cpo
Well, that's a way of greeting other brothers in religious communities, especially between benedictine monks. And the "Peace" I refer to in my signatures is the lack of internal conflict, that leads to good trading. I mean, the trader should focus instead on achieving the total lack of inner conflict, to achieve good trading. cpo
Then use the -----> PEACE and good trading, I say what ever floats your boat or finds your lost remote It can be an even trade for what you just showed me
except one thing, most traders are not using moving averages because they don't work. They only use moving averages after they have worked for a long time. After you see how well they work, then you use them, but then they don't work anymore. Then you figure out that the only way to be using them when they work is to already be using them when they don't work. And who wants to start using something that doesn't work?
The fact that they don't catch the top or the bottom isn't a problem. The fact that they occasionally catch the top and the bottom at the wrong time is. If they were consistently wrong, you could just trade them backwards. But they are miraculously right just often enough to aggravate you.
profitseer: Is there a way to embrace winners without embracing losers? I suppose any "system" will be subject to both cycles. If the "system" cuts the losers short, what's wrong with it? Now, if you keep changing the "system" to catch all the winners, you might well end up with constant losses. Good traders know they must have rules. Great traders know they must let their rules trade for them. Rogue Trader PEACE and good trading, cpo
If Walmart ran their stores like most traders trade, the only way you could buy anything would be if someone in the back of the line offered them less money than you just offered them.