Are moving averages very reliable for your trading?
I actually use 3 different moving averages which I’ll share today.
For some traders, it’s a ‘go-to’ indicator for selecting when to enter and exit and a position.
I believe it’s not as simple as that.
In fact, I believe if you only follow moving averages, you’ll get knocked around by the big money.
Instead, here’s how I approach moving averages and see how I use them to win 70-80% of the time.