Lesson 21: How a Pro Trader Uses the 8 & 21 Day Moving Averages
By Scott Redler, Chief Strategic Officer of T3 Live
In this classic video, learn how Scott Redler uses the 8 and 21 day moving averages to:
- Understand the market trend
- Know when to shift gears for market downturns and upturns
- Spot potential tops and bottoms
- Know when the news is meaningless
About The Redler Report
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About The Alpha Team Room on Our Virtual Trading Floor®
In the Alpha Team room, you can see Scott's trades LIVE as he buys and sells throughout the trading day.
You also get Scott's commentary as the action breaks.
Plus, you get additional ideas and analysis from options expert Daniel Darrow.
About Scott Redler
Scott Redler has been a professional trader since 1999.
After 8 years of successful trading, Scott co-founded T3 Companies, LLC in 2007 and began serving as Chief Strategic Officer of both T3 Live and T3 Trading Group.
As the financial crisis began, Scott became a recurring guest on CNBC, repeatedly warning investors of the danger ahead.
Today, Scott remains a professional trader, and regularly appears on CNBC, Bloomberg Television, and Fox Business.
His technical analysis work has been featured by numerous media outlets including the Wall Street Journal, Reuters, MarketWatch, and Investor’s Business Daily, among many others.
Scott has trained traders all around the world, and has appeared in documentaries by the BBC and China’s CCTV-2.
Through the Redler Report, Scott helps traders, money managers, and individual investors view the markets through his eyes and approach each day with a steady, measured approach.
Scott also moderates the Alpha Team room on our Virtual Trading Floor®.