iCharts Discussions

newinvestor · White Belt Joined: 16 Feb 2010 Posts: 120

Hi,

I am new to Stock Trading ( just doing my MBA now) , but have done a lot of study in the past few weeks with friends who are in the Stock Market for long time.

Different people have been recomending different methods/strategies as the best way to trade ( intra day and positional).

The EMA crossover method seemed to make send to me .

Can any of the Forunmers guide me on their experience using the EMA crossover method and what period DEMA they found most suitable.

Thanks

amitkbaid1008 · Yellow Belt Joined: 04 Mar 2009 Posts: 540

Never blindly follow moving average crossovers. They are not only difficult to trade but making money trading moving average crossover is more difficult.

newinvestor · White Belt Joined: 16 Feb 2010 Posts: 120

Ok.

Is it because of too many whipsaws ( as the Nifty is doing these days) that you do not prefer trading EMA crosses?

vavprash · White Belt Joined: 17 Aug 2011 Posts: 1

Hi,
Wel Come to Stock market, Yes EMA works very well. and it will be easy to understand. Just follow that.

bharatpatel · White Belt Joined: 26 Oct 2011 Posts: 401

Pay attention to pure price action, forget EMA's and Indicators. It is nothing but ..... Just waste of time.

ajayhkaul · Yellow Belt Joined: 18 Jun 2009 Posts: 866

At the outset- and so that you don't have to reinvent the wheel - the system you follow is gonna be only 25% of your game. Rest is your own psychology. So pick one method and see if you can trade well with it( u must do at least 50 trades before you discard it) Do small values and log the trade result and workout the expectancy of the system.

It is a journey - bon voyage !