When you get down to basics there's only two ways to trade. You can try to pick tops and bottoms, or you can trade momentum.
Whether you're scalping the 5 min, or position trading you're either picking tops and bottoms or you're trying to trade in the direction of the movement, IE momentum. I can't think of any other way you can trade.
I'm sure i'm not the first person to think of this, but it's pretty interesting when you consider it so I thought i'd post it.
Whether you're scalping the 5 min, or position trading you're either picking tops and bottoms or you're trying to trade in the direction of the movement, IE momentum. I can't think of any other way you can trade.
I'm sure i'm not the first person to think of this, but it's pretty interesting when you consider it so I thought i'd post it.
How you act is more important than how you feel.