In this week’s episode of State of the Market, Chief Income Strategist Marc Lichtenfeld covers moving averages.
These are powerful technical indicators that estimate short- and long-term trends to help you make better buy and sell decisions.
Even if you don’t consider yourself much of a technical trader…
You probably encounter these data points on a daily basis.
You’ve probably even cited them.
They can predict when a stock’s share price is going to pull a reversal, helping you nab windfall trades in a matter of weeks or months.
But there’s a catch…
Many investors buy into myths about moving averages. And as a result, these investors misuse them and lose money, or they aren’t even looking at the correct signals.
As Marc always says, technical trading is NOT an exact science or a crystal ball – but it can lead to more frequent and predictable moonshot gains.
Learn how to use moving averages in this week’s episode of State of the Market!
Good investing,
Kyle
The post How to <em>Correctly</em> Use Moving Averages appeared first on Wealthy Retirement.