Back out from under my rock, ready to get a position inWell, I'm back and looking for enough reputation to chat again. My last few posts were calling for shorts right before starting the run to retest, and temporarily pierce the downtrend channel. Needless to say, I shut my mouth as my inexperience proved I had no idea what I was talking about. Well, I'm back, and I'm feeling short again.
So, maybe it's the time to buy. Or maybe, third time is the charm!! Either way, I appreciate any likes that can get it so I can chat.
I always have so many questions that I can never ask, and instead have to watch trolls comment on people's TAs like they deserve to be little shits more than I deserve to ask an honest question.
Questions such as - What is the significance of specific moving averages. I see well-respected pros being like, "As you can see, the price respected the 200ma" as if it means something. Why is a 200ma any more significant than a 197ma? It makes no sense to me. Yet I've put them on my chart. Thanks, and good luck trading.
PS - don't make a trade unless it is YOUR decision. I've admitted my incompetence so any ramifications of following my advice are laughable.
