BUY all you can !!!!
Started by
Costa
, Mar 06 2010 07:54 AM
4 replies to this topic
#1
Costa
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Posted 06 March 2010 - 07:54 AM
The chart says all...............
Costa
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#2
punter
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Posted 06 March 2010 - 08:20 AM
The chart says all...............
Costa, statistically what's the success rate of going long when all three MA do a cross over to the upside? How would you determine a stop? Thanks.
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#3
Venatici
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Posted 06 March 2010 - 09:18 AM
The chart says all...............
Using that ystem (fairly easy to test) you would arrive late to the party and leave even later... A sure enough way to get chopped to death.
The only way to have this work is for the really long run, talking about months time frame.
#4
TradingUp
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Posted 06 March 2010 - 09:41 AM
Agreed... and look how far the recent "must-sell" trigger would have gotten you... This is unreliable IMO, to put it nicely!
Edited by TradingUp, 06 March 2010 - 09:42 AM.
#5
thespookyone
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Posted 07 March 2010 - 10:44 AM
"Buy all you can"
No thanks, not here. In EVERY instance on your chart, when the market has gotten this far above the moving average-it reverted back to it with a fair correction. You could go a lot farther back in time on your chart and see the same. If you feel it will be "different this time"-help yoursef-but count me out, lol.
Edited by thespookyone, 07 March 2010 - 10:46 AM.
