A few things about momentum trading
Yesterday I could have made 30 cents per share in a momentum trading, but the trading application just didn't respond.
But that's alright though, I think I got the trick. I should enter a position at the support level if there is any and not in the break out level, I think that this thing will give me the edge.
So far the only thing that truly worked for me was momentum trading. Another thing that I am aware now is that there is only one price correction, the stock is going up or down and then there's a range of support and resistance and then there's a break out. If you missed that, you probably won't get another chance.
But that's alright though, I think I got the trick. I should enter a position at the support level if there is any and not in the break out level, I think that this thing will give me the edge.
So far the only thing that truly worked for me was momentum trading. Another thing that I am aware now is that there is only one price correction, the stock is going up or down and then there's a range of support and resistance and then there's a break out. If you missed that, you probably won't get another chance.
