Understanding market momentum is essential for making informed trading decisions. By grasping market momentum, traders can time their entries and exits more effectively. But how can one recognize when market momentum is weakening or strengthening in an easy way? The ThunderZilla system not only informs you about market momentum to determine whether to hold or exit a position but also provides a comprehensive approach to optimizing your trades. This includes a smart trailing stop strategy, reliable and stable trend identification, strong pullback signals, and precise stop placement. Watch our latest live webinar for a closer look at this robust system.
When I FOMO it's usually the end of the run so just when you feel FOMO and click buy program it to sell
I just look at the day range. If it has been small for many days, then I stay away from trading. And do other things.
I'm surprised with such a good system that you are sharing it at all....how lucky for us. $1500!!!???? Well I don't know about market momentum but any interest I might have had (and I had zero interest) is definitely weakening.
%% Actually easy to measure market momo with 14 day momo; but even in perfect hindsight , it may get you out months way too early . Some one should improve that indicator LOL I seldom trade last minute drama , momo + price to fast + wild
Signs of weakening market momentum can be recognized through various indicators and price action signals. One common indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements.