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SI226: Trend Following - the Do's & the Dont's ft. Rob Carver
Top Traders Unplugged
Trading a Moving Average Crossover
Andrew was using the 16 and the 64 day exponential moving average crossover but found that he was getting in and out of trades at nearly the exact same price after long journeys in both directions. He then switched to a 5 day and a 20 day EMA crossover using 5 and 20 EMA I was using stops at 1 and a half ATR at entrance to stay in the trade butI found that I was getting stopped out but that the trend would continue so I stopped using stops to wait for the crossover to occur, took 7% to 12% losses which is not cutting losses short. Sometimes I was entering the trades late based on the trend following study that said it's better to be in the
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