Author: David Penn
Penn shows you three secrets that allow you to capitalize on the power of momentum indicators. Momentum indicators are excellent for getting on the right side of the trend and spotting the reversal before it happens. With a mastery of momentum, traders can put this predictability to work making them money.
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You can’t predict the future, but if you see a car going 100 miles an hour toward a picket fence, you have a pretty good idea. In trading, this concept is called momentum and it is one of the most widely used factors in creating effective, profitable technical indicators.
What is Trading?
Most of us have traded in our everyday life, although we may not even know that we have done so. Essentially, everything you buy in a store is trading money for the goods you want.
At tradimo you will learn how to trade the financial markets online – but exactly what is online trading? This article will give you an understanding of how trading can be defined and how online trading works.