the effectiveness of Staying with the Trend...
Updated
Can you see, How buying *Only when the Lines are Blue; Short-Selling *Only* when the Lines are Orange, Would have been an Effective Strategy?
Can you See how going-against the Trend would have been costly endeavor the first six blocks or so, and again, in the September drop, Mid-Screen?
I don't know about You, but I say "Buy in BLUE." not exactly Rocket Science : : )
-You don't Even have to know much about Stocks....
Can you See how going-against the Trend would have been costly endeavor the first six blocks or so, and again, in the September drop, Mid-Screen?
I don't know about You, but I say "Buy in BLUE." not exactly Rocket Science : : )
-You don't Even have to know much about Stocks....
Trade active
(Not a recommendation, Either way and i don't recommend chasing stocks Too far away from their Breakaway point but, this is highlighting a User friendly Strategy.) Order cancelled
okay, not Sure why it is saying "Trade active" when i classified it as "Education" and i didn't even put down bullish or bearish? At any rate, buy when Price crosses Above the top Orange line. Sell, when Price crosses below bottom Blue line. Note
Important to note, this is a Weekly chart, it might be advisable to hone in on it with Daily or Intraday chart. (But, don't over-optimize).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.