Buy what’s going up

thiefcrazy98

New member
Feb 6, 2025
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At first I thought momentum meant just “buy what’s going up,” but that was a costly misunderstanding. What saved me from blowing more cash was learning to confirm momentum with indicators and not just my eyes. I started using RSI and MACD for confirmation, and combined them with price action to see if a move really had strength behind it. What helped me structure things better was reading through https://forextester.com/blog/momentum-trading-strategies/ because it explained how momentum strategies can be built with simple tools like moving averages, breakout levels, and volume checks. I realized momentum isn’t just about speed; it’s about continuation. For example, I now wait for a breakout above resistance with volume and then enter on the retest instead of jumping in blindly. I also backtest setups with Forex Tester to see how often they work instead of trusting my gut. Another adjustment was risk management — momentum trades move fast, but they can reverse just as fast, so I use tighter stops and aim for decent risk/reward. One of the best tweaks I made was scaling out of trades instead of closing everything at once, which helps me lock some gains while still leaving part of the position running if the move continues. Momentum works, but only if you’re patient enough to wait for a proper setup and disciplined enough not to chase every candle.