Moving Averages, First Principles by Brian J. Millard
ARTICLE SYNOPSIS ...Moving Averages,
First Principles
By Brian J. Millard
Don't quite understand moving averages, but think that you
could benefit from using them? Here's how to understand
and apply moving averages to identifying trends in stocks.
Of all the technical indicators,
moving averages are perhaps
the most widely used and misunderstood.
Incorrectly applied,
as is usually the case, they may
be responsible for more losses
than any other indicator. Correctly
applied, however, they
can be the most versatile and
powerful tools available. The
reasons for failure? First, a poor
understanding of how stock
pr...
AUTHOR: Brian J. MillardDATE: FEB 1999SUBJECT: Basic Techniques