How to Trade for Beginners
Back to basics: Moving averages. I break down which moving averages I pay attention to, why, and how to draw them. The same moving avgs have been important for decards. For day trading the 8d/10d, for swing trading the 20d, for long-term investing 50d/100d/200d moving avgs has been used to review if the trend is still in play. I advise people to draw them on their charts and learn to see which moving avgs have been important for each stock they follow. Stocks have differing personalities and some moving avgs are more important than others.
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Recommended Reading
https://amzn.to/37Cvklr
Volume Price Analysis by Anna Coulling
https://amzn.to/37NVvp4
Reminiscences of a Stock Operator by Jessie Livermore
https://amzn.to/38t20hm
2022 Stock Traders Almanac by Jeffrey Hirsch
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This video is for informational and educational purposes only. These are not recommendations to buy, hold, or sell any stock or security. I may hold positions in some of the equities mentioned, know your time frame and risk tolerance. I am not a financial advisor. Trade at your own risk.
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