Monday, October 12, 2020

Using Moving Average Lines as a guide to build a simple trading profitable system

 

With three moving averages, you can trend trade the stock. 

What you need to know are below:

1) When to enter a trade long or short?

2) When to continue to add lots as price trend higher?

3) When to take partial profits when price trend too far away?

4) When to sell everything and be happy?

5) Scan another potential stock and repeat Step 1 to 4 again.

Hmm...trading is boring boring and routine and routine...