In this article, I will take it to the next level by covering aspects of specific applications with Momentum that can help you in your trading. The way we will approach this is by running some basic tests for proof of concept. This is different than a trading system and is usually more like a step in developing a superior trading system.
This particular article is using Smart Momentum because our community has been using it every day for close to a decade and know it very well. Such concepts we are using could also apply to other kinds of Momentum, but we recommend using a Momentum that has a known statistical profile associated with it and that has thousands (or 10s of thousands) of hours of live use (like Smart Momentum) over one that does not.
For years in our trading room we have used the saying, "The Smart Momentum Knows (SMOK or TSMK)." This term was first coined / used by one of our founding members years ago. There are various themes and variations of this concept and I will cover the most basic one here that corresponds to Momentum concept #1 in my last article. Another application in we will cover is from concept #5 (also from Trader's World Issue 84) which is Momentum Pulling, and a specific application of that.
Smart Momentum Knows (aka SMOK or TSMK)
هذه القصة مأخوذة من طبعة July/August/September 2022 من TradersWorld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July/August/September 2022 من TradersWorld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Review of Trading Market Dynamics Using Technical Analysis by Constance M. Brown, CFTE, MFTA
The author, Constance Brown is a well-known experienced trader and technical analyst. She has written several articles for Traders World. She has written a top notch book which you can learn and understand technical analysis from.
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THE YEAR OF 144, W.D.GANNS BIRTHDAY
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People (including traders) like to believe that they are rational beings who have to deal with emotions.
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The Human Factors of Trading and How To Control Them
Let me start by introducing myself. I am a full-time trader, trainer, and software developer in the futures markets.
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In our last article of Trader's World (Issue 84), we covered ten key concepts using Momentum for trading. We also covered various definitions of trading Momentum and various general applications.
How Market Timing Gives You The Critical Edge
The Market Timing Report
