Momentum is the only thing that retailers have.
Retailers lose when momentum reverses, which is a lot, OR when it is flat, which is also a lot.
the only time retailers nake money is in extended periods of momentum. Ie trends.
All the "indicators" are built on momentum.
Momentum is one of of about 10 layers you need to trade. This is why 90% retail traders lose everything eventually.
Trendlines - momentum
RSI - momentum
Moving averages - momentum
etc etc etc
Retailers lose when momentum reverses, which is a lot, OR when it is flat, which is also a lot.
the only time retailers nake money is in extended periods of momentum. Ie trends.
All the "indicators" are built on momentum.
Momentum is one of of about 10 layers you need to trade. This is why 90% retail traders lose everything eventually.
Trendlines - momentum
RSI - momentum
Moving averages - momentum
etc etc etc
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