STOP Using the Wrong EMA Settings and Start Winning

[@Irontrader.Wallstreet]

What works really good is SMA the 8-21-50-100-200 with price channels on all time frames

[@wallyg8020]

What about the 8ema I heard some trades makes alot from using the 8 ema with the 20 ema and 200. I think what ever the strategy works my opinion??

[@Netpicks1]

No strategy should work/not work due to slight modifications of an indicator. 8 or 9 should have literally zero impact and really, we are not using an indicator for the final decision to pull the trigger. And yes....whatever works for a particular trader is all that matters in the end.

[@matthewcaskey1051]

You really don't want to just use moving averages, you should combine them with another tool or two to really enhance your signals, keep in mind Momentum strategies are currently the most profitable. So RSI or MACD could be good picks, but make sure you really understand them before using them.

[@ErnestCarranza-v2s]

2:52

[@samirmanohar573]

Too damn simple to accept it 😅

[@angelofdeath4779]

Actually, you are not a trader; you are just a KZbinr who earns income through subscribers and views. So, don't act like you're an expert.

[@Netpicks1]

Well, if KZbin pays me for views and subscribers, I'm doing a horrible job of monetizing through ads on the videos (there are none)...which is how "KZbinrs" make money. :) Thanks for sharing your thoughts.

[@flagtrades1017]

@@Netpicks1 🤣🤣🤣 Awesome answer!

[@georgemichael5343]

You do realize that 99.9999% of these trading "Gurus" on YT don't actually trade? There's less then 1% that actually do with real money and the rest is trading in a sim account, or just sell a sub to their discord. This is an educational vid like others out there. Take it or leave it.

[@Netpicks1]

I started as a customer in 2007 (Simple 2.0 trading system) and my success during the live trading rooms (yes, real account) led to a coaching gig with the company. Now, I write and make videos because I enjoy it. Trading, is boring. As you said, people can take it or leave it. Also note these videos are not monetized.

[@georgemichael5343]

@@Netpicks1 I wasn't aiming my response at you, it was a reply back to the OP. This one popped up on my feed, and since I use EMA's for when I trade, figured, I'd check it out.