The "13 EMA" System Explained On This Price ActionThe journey of a thousand kilometres
begins with one step. Capitalism is not easy
but its possible there are
four factors of production
and capital is one of them.
The challenge is that some people
still believe in "Majic" Money
Honestly, such a thing is not real
the only thing close to that is credit
or getting money on a loan from a bank
or a hard money lender
otherwise, you will have to labour
either for free or for money
Now if you look at this chart
NASDAQ:AMZN
Notice the Bollinger bands?
I am using a 13 EMA on the Bollinger bands
when the price is below that 13 EMA it is showing
you low volatility
This is when you want to enter your
position at low volatility
This strategy is called"Dip Buying"
an idea I got from Tim Sykes.
Buying at a low volatility will
give you a chance to buy
the price at a cheap value
Before it gaps up *step #3 of the rocket booster strategy
or has a rally going upwards.
*To learn more about the rocket boost
strategy check out the references below.
You really just have to be patience
when dealing
with this kind of price movements
Rocket boost this content to learn more
Disclaimer: Trading is risky
please learn risk management
and profit-taking strategies
also feel free to use a simulation trading tool
before you
trade with real money.
