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MrMomentum
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Everything posted by MrMomentum
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I look for momentum on a chart. I look for: a) Broad Trend patterns b) Rising/ falling candlesticks How do you use momentum in your plan? All the best,
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Hi Xiao si, You mentioned that you want to concentrate on the opening session. What sort of strategy do you have in mind on the open? All the best,
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Hi Xiao Si, You indicated that you have decided to trade full time. (All the best with this!) You also mentioned that you use a swing/position trading approach. I was just wondering if this type of trading strategy requires you to trade full time. Do you feel it may fit better with part time trading? Have you thought about how many trades you will be doing per week? Can your strategy be managed with electronic orders? One of the problems with full time trading is boredom and loneliness. Have you worked out a way to overcome boredom and loneliness when full time trading? All the best,
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Trading the Storm - Methods for the Struggling Trader
MrMomentum replied to Maelstrom's topic in Technical Analysis
I agree about the volatility. It feels like being on a roller coaster ride! Just wondering if anyone has thoughts regarding trading strategy. Is it better to scalp or ride short term trends in the present market? All the best,