Which Moving Average is The Best? (EMA vs SMA) #shorts

Which moving average is best for trading? Should you use ema or sma? I will share with you the differences between ema and sma and let you pick which is the one that suits your trading personality.

An exponential moving average is suitable for those who want more trading signals and hence are relatively more aggressive. A simple moving average is suitable for those who trade longer term and are more conservative. It is also suitable for investors.

The truth is that there is no such thing as the best moving average setting or strategy out there because all types of moving averages have their pros and cons. You need to pick a moving average that suits your trading personality. It doesn't matter if you're trading forex, stocks, cryptocurrency, gold, commodities or options, this technical analysis principle applies to you.

The book at the end of this video is written by me and you can check it out here if you want:
https://amzn.to/30HA2dF

https://youtu.be/m-JgMD9HLhA