[Question] Such a beautiful staircase like this, you can't use it now, right? Do you think moving averages can't survive in recent markets [Answer]
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Just by buying on dips and selling on rallies in MA, you can profit!
【Questioner】
A staircase like this looks unusable these days, right?
I think moving averages can’t handle the recent market
【Answer】
I understand what you want to say
It’s true that the level of difficulty is changing
But the difficulty has been mentioned many times
Even so, trend-following is still favorable
Whether it’s
a clean up-move and pullback trade using MA or a clear trend-following view, you can win normally
It isn’t necessary to enter only under perfectly clean market conditions
On the contrary, if you do that it becomes like automated trading
Since it’s discretionary, entries can be a bit more ambiguous
If you don’t try to mechanize the trades
trend-following tends to work well
What’s crucial is not mechanical judgment
Just which direction the trend is leaning now, that’s all
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