Post
Topic
Board Speculation
Re: Goomboo's Journal
by
RyNinDaCleM
on 27/07/2013, 21:57:08 UTC

Thank you so much for taking the times to address all my questions. And indeed, you have tested it seriously.
Perhaps I was a bit misleading.

My point was more that there can be better entries and exits than the 10/21 automated method.
It is still a great method with the 10/21 mov. averages but there can be better ones.

The 10/21 method is up 2x versus buy and hold.
Our forecasting method from the newsletter is up much more...


Another point is, Goomboo introduces a simple system (two MA's), that any rookie trader could pick up easily and profit from, without any other TA knowledge.
Is it THE most profitable? Perhaps not. But for ease of use by anyone including Grandma who can't use the internet, you can't beat it.