Pick an index ETF such as VUSA for the S&P 500, or XNAQ for the Nasdaq 100. Open up a charting website like Yahoo Finance or investing.com and add 2 exponential moving averages (EMAs): 10 period and 20 period. Set the EMAs to use the closing price with a weekly timeframe.
Weekly charts give me time to think about what I'm doing, and I'm not reacting to the daily price moves
Will I beat a buy and hold strategy?No, in the long term it would probably be better to just buy an index fund and do nothing with it, however with the 10/20 EMA crossover strategy I avoid all big losses, which can be very difficult to deal with. As much as I like to think I'm very disciplined with my investing, I know I'd find it difficult to see a 20% or 50% decline in my ISA account, even though I'd know it would come back eventually.
Some ETFs I useMakes enough for 2 people
Ingredients