SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rolling Averages, Their ins and outs and ups and downs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Drygulch Dan who wrote (4)12/28/1999 12:06:00 PM
From: nasdaqian  Read Replies (1) of 31
 
I hear you on the art/science thing. I'm incapable of mechanical trading just as I'm almost incapable of momentum trading no matter how much I may have benefitted. So, I tend to the GOOFy buy side, looking for the perfect bottom. I also hear you on watching for the gapping patterns because if I wait for the crossover then the perfect bottom has already walked past so to speak. That's where I use MACD and Stochastic to confirm. Especially with certain divergent patterns that tend to make me more willing to roll the dice.
I suppose I should adapt moving averages to uptrending stocks and treat them more like trendlines. Do you use simple MAs or exponential or otherwise weighted MAs? Some of the best recent trades I've made while totally ignoring archane indicators and simply looking at price on a Yahoo chart. ORCL at 26 and COMS at 20ish. So, I don't know. Was I just lucky or does TA just give me analysis paralysis? These two prices would have been near some moving average, but certainly not the same one. So, what to do? Again, the need for individually tuned MAs rears its head.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext