How To Trade With Momentum by lubosi on TradingView.com
How To Trade With Momentum
Momentum
Think of moentum as the force that drives prices.
Speed
This is the level at which the prices are moving.
Movement
The way at which the prices are moving can
show you the
best trade to take wther you are buying or selling.
Direction
The distance from the market open to market close will
show you the best direction to takw on a trend.
Accuracy
In trading you need to be accurate this is the key.
Timing
The problem with crowds is that they do not consider
time managemnt so as a trader you need to learn how to
manage time.
Trading
You need to practise all the time to improbe your trading skills.
Rate Of Change
Do not fear change as this is what drives the market forces
in any sector.
7 Days
This is the best range to follow when you are trying to
trade the
momentum stocks, of whatever industry you prefer.
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