You've been watching too much star wars there winner oh but that was a DEATH STAR, never mind close enough. Hindsight is always easy and wouldn't life be simple if we we stop every bad thing from happening.
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Not picking on you Couta1, you're a mate and a good bloke...I'm just trying to help you build your understanding http://www.investopedia.com/terms/d/deathcross.asp
Edited in reponse to subsequent "unfortunate" comment directly above. In Couta1's defence he's doing extremely well indeed with his shareholdings in GNE and AIR both of which I also have solid shareholdings in.
Yes, and easy to use as well, for timing long-holds/exits. See this for example, when the actual price is taken out and only the 50/200 SMA's are shown, the crosses are the trades. It does help to have confirmations, but otherwise pretty simple really isn't it. It makes 'buy and hold in spite of everything' seem a bit of an odd strategy.
Thanks for posting Baa Baa,but the same 50 day and 200 day moving averages would have saved Couta1 with TTK too.
In hindsight we can easy see the sell signals,and using the same moving averages, it makes foresight very achievable too,[and very profitable].
(QUOTE=Roger;528892]Not picking on you Couta1, you're a mate and a good bloke...I'm just trying to help you build your understanding http://www.investopedia.com/terms/d/deathcross.asp
Edited in reponse to subsequent "unfortunate" comment directly above. In Couta1's defence he's doing extremely well indeed with his shareholdings in GNE and AIR both of which I also have solid shareholdings in.[/QUOTE]
Thanks mate I'll have a look at that info, I can also add HNZ /PGW and SCL to the above stocks:cool:
just want to add that trading MA crosses isn't a guaranteed way to make money IMO.
With a non-trending item, the 50 and 200MA lines will cross often and the trades will usually result in a loss each time.