O'Reilly logo

All About Day Trading by Jake Bernstein

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 13Momentum as a Day Trading Method: Two Applications

I have often been asked which timing indicators are my favorites. Given that there are so many, it would appear at first blush that the question might be difficult to answer. However, I do not find that to be the case at all. Most charting programs used by traders emphasize quantity over quality. A look at those programs verifies the fact that there are literally hundreds of choices available to traders. When it comes to their construction, the vast majority are based on price. Because they are based on price, they tend to trigger signals to buy or sell after a low or a high has been made. Because they lag price, they often “zag” when the market is “zigging” and vice versa, meaning ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required