How to Make Money Trading Moving Averages in 2024
This video covers the simple moving average studies and how to use it in profitable trading strategies
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Making money in the stock market requires complex knowledge of the trading indicators provided to you. The simple moving average is a very popular trading indicator however is often mis utilized incorrectly by beginner traders. Rather than using moving averages as support and resistance levels, I make use of this indicator to determine trend and direction of stocks. This information helps build profitable trading strategies as well as stock scanners which return to you stocks in a specific trend.
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