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Post# of 2032
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Duma

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Duma

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Re: Y worry Murray post# 2014

Sunday, 07/29/2012 4:15:48 PM

Sunday, July 29, 2012 4:15:48 PM

Post# of 2032
I may be wrong but I have come to define what I do as momentum trading as compared to swing trading. I see swing traders as one who will decide it is time to reverse a position long before any kind of reverse is in place. All the "swing traders" I watch are now short assuming the current ramp up is over. I will wait for the momentum to change and then jump on the new trend.

Small point, but big difference in thinking. Maybe all swing traders were once momentum and they finally learned how to truly read the market.

Trade the Charts and not the Heart - Expect the trend to continue until it doesn't.

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