“I just buy or sell if the price is above or below the MA…”

Feedback in:

As a 20-year-old trader, I struggle a lot with being impatient.

PS: I love your work, Mr. Covel

Do you have a strategy and time frame now?

At the moment, I just use a 200 Simple Moving Average and 4 Hour Timeframe. When the market is about to close I just buy or sell if the price is above or below the MA. I also use the ATR for money management.

The 4-hour will kill you. Guaranteed. Lose the day trading!

Filed under Trend Following