@gengarjetty I like it. I don't think it's "better". Sometimes it will work, sometimes it won't. That's a trading strategy applied to a trending strategy. If you buy on a resurrection cross which is the 50 day moving average crossing above the 200 day moving average, that's a long term strategy and so it's a safe bet you are going to be holding for quite awhile. With a longer term strategy like this, it becomes less important short term retracements. The profit thesis is the cross.
@ntn1987 Why even bother coming into my channel and then taking the time to post a comment if that's the way you feel about? Go troll someone elses channel because you're banned from mine.
@ntn1987 lol you dumbass... he shows 20 years worth.... I'll take a MA that's been accurate for 20 years... Thanks Lance, my most favorite vid from you, I think I'm gonna try it on ETF's
one last question im going to use the 30 20 and 10 day moving average rule when the 10 day moving average crosses below i could call a put option right?
@jumpman50512 Here's what I would do. Dynamically adjust your moving averages for the put you want to trade and determine what the best cross is for that specific market. You may find that waiting for the 10 to cross the 30 gives up too much gains and only improved the probability of a winning trade just a little.
@666MisterSpeed666 Thank you my friend. Some of the world's greatest traders use less than 4 technical indicators. Stock trading is one of the few disciplines where less really is more. Another example of how just the opposite of what you would think works, actually does work. I've seen traders do amazing things with only price, volume, and moving averages.
Moving averages are the very best way to start your trading knowledge. Good video.
chome41 2 months ago
@gengarjetty I like it. I don't think it's "better". Sometimes it will work, sometimes it won't. That's a trading strategy applied to a trending strategy. If you buy on a resurrection cross which is the 50 day moving average crossing above the 200 day moving average, that's a long term strategy and so it's a safe bet you are going to be holding for quite awhile. With a longer term strategy like this, it becomes less important short term retracements. The profit thesis is the cross.
StockTradingMaster 5 months ago
99% of the people after watching this will try trading MAs but will give up the every first moment they take a loss.
ntn1987 10 months ago
@ntn1987 If I ever need some guy to make up and testify to some bullsh*t statistics, I'll give you a call.
StockTradingMaster 10 months ago
@StockTradingMaster Anyone can plot an MA on historical data and BS about it.
ntn1987 10 months ago
@ntn1987 Why even bother coming into my channel and then taking the time to post a comment if that's the way you feel about? Go troll someone elses channel because you're banned from mine.
StockTradingMaster 10 months ago
@ntn1987 lol you dumbass... he shows 20 years worth.... I'll take a MA that's been accurate for 20 years... Thanks Lance, my most favorite vid from you, I think I'm gonna try it on ETF's
jout8 10 months ago
Great lesson on the moving averages. Can they be applied to forex too?
forexyard 1 year ago
one last question im going to use the 30 20 and 10 day moving average rule when the 10 day moving average crosses below i could call a put option right?
jumpman50512 1 year ago
@jumpman50512 Here's what I would do. Dynamically adjust your moving averages for the put you want to trade and determine what the best cross is for that specific market. You may find that waiting for the 10 to cross the 30 gives up too much gains and only improved the probability of a winning trade just a little.
StockTradingMaster 1 year ago
i really like your videos keep it up im learning!
jumpman50512 1 year ago
Thanks for all you do.
JamJells 1 year ago
Great Stuff!
666MisterSpeed666 1 year ago
@666MisterSpeed666 Thank you my friend. Some of the world's greatest traders use less than 4 technical indicators. Stock trading is one of the few disciplines where less really is more. Another example of how just the opposite of what you would think works, actually does work. I've seen traders do amazing things with only price, volume, and moving averages.
StockTradingMaster 1 year ago