Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Ambatman
on 22/09/2024, 22:10:08 UTC
Use only EMA200.
buy/long at EMA200 sl at -5%
sell/short at EMA200 sl at +5%

Pity and sympathise with who would follow this.
Especially on our current volatility
Market would hit stop loss on both and start moving in a direction it likes.
That's the issue of this method, it may serve smart in book i.e opening two opposite trade and placing a stop loss at both, but it's not smart.
The market is heartless and smarter especially to traders.
I know people make money from trading and shit but anxiety and over thinking ain't good for my earth.