Traders often spend many years searching for the Holy Grail of trading before the realisation dawns that no such thing exists. There is, however, one word that features in a description of any successful trader’s strategy – and that word is momentum.
John Barnard explores momentum in our free guide to ‘Trading Momentum’, offering practical insight into the patterns of momentum through charting and providing real scenarios for traders that wish to trade using this technique.
The guide will help you to identify a price break out and the point where you should be thinking about entering that trade. There is a section on setting your stop loss to secure your profits or negate potential losses and the key to all successful trading – the point where you should be exiting your trade.
Judging momentum is probably one of the hardest skills to master, especially since there is no handy rev counter dial to help – John Barnard
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