Yeah, I'd like to see this guy do this live. Assessing "momentum" based on a moving average is absolutely idiotic. Moving averages lag the momentum so what do you think happens when you trade momentum on the lag? You end up chasing market moves. In essence, you are the last to the party, and what do you think happens to the people who are last to the party? It's sad this dude makes money of teaching people this stuff.
Yeah, I'd like to see this guy do this live. Assessing "momentum" based on a moving average is absolutely idiotic. Moving averages lag the momentum so what do you think happens when you trade momentum on the lag? You end up chasing market moves. In essence, you are the last to the party, and what do you think happens to the people who are last to the party? It's sad this dude makes money of teaching people this stuff.
TheForexHitman 8 months ago
Wayne, It's very nice. Thank youvery much.
Jeeth2010 1 year ago