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Moving Average | Not Always a Profitable Ways to Use 📊
I have seen multiple post including some educational ones focusing or showing how to use the Moving Average (MA) as a sell or buy signal.
Here, we have one of the many examples of why it can be dangerous to use a single tool as a "buy" or "sell" signal, especially when that tool is a technical analysis tool.
I'm sure there are plenty of example of consistent trading opportunities using just a MA, but the reality is that if you want to be a decent trader, a single tool is not a good indicator of buy/sell signals.
Open to hearing everyone's opinion.
Here, we have one of the many examples of why it can be dangerous to use a single tool as a "buy" or "sell" signal, especially when that tool is a technical analysis tool.
I'm sure there are plenty of example of consistent trading opportunities using just a MA, but the reality is that if you want to be a decent trader, a single tool is not a good indicator of buy/sell signals.
Open to hearing everyone's opinion.
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