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Thursday, March 5, 2020

How to know if this is a trend change?

I trade actively, too actively for my own good.
It is also not good to never trading in and out of the market is to secure returns that are purely subject to when you need to cash out.

The best is to trade in on a trend change up, and to trade out when the trend changes to down.

The problem is, how to know?   There are many different potential indicators, one I really like is 20 and 50 weekly simple moving averages.  When the 20 is above the 50, we are in an upswing.  When it changes, we are in a downswing.  Often the direction is for years, so this can be material.


Watch this video to get a walk through of time how this worked before 2008.  Below that is a recent chart, and pontifications of possible bottoms if we do trend down. 

Good Luck!

For latest chart, click here!






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