Can any experienced trader evaluate this retail traders strategy?
Hello, I am a new trader and I mainly make my trading decisions using indicators and support/resistance. The strategy utilizes the 9 & 180 SMA lines, RSI, and Vwap. The gist of this strategy to buy in a stock when it opens above the 9 SMA line and sell when it crosses under. I buy the stock when I get favorable conditions from my indicators and a good risk/reward ratio.
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