Q: Does Phil use the 30-day or 10-day MA (moving average)?
A: I prefer the 10, but I'm finding that the more I do this with tools the more "intuition" the ten day MA seems to require… which is another word for "guessing". I think my preference for it was a transition.
As more and more of you guys use these tools, it's getting clearer that the ten-day MA is just too volatile. You have to be right on top of it. And with all the speaking and traveling I'm doing, that just is too much trouble to be on it that tight. So I'm using the 30 day MA more and more.
Now go play! Phil Town
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.