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The price of ElonGate is currently low compared to its all-time high. All holders may benefit from the burning initiative of the EG Token, which enables them to reap the benefits of EG’s scarcity. Here, you How to buy elongate will input the address that you copied from Trust Wallet.

The National Kidney Foundation was also one of the recipients of ElonGate’s weekly donations. In its first nine weeks of operation, ElonGate donated approximately $3 million to charity. If you want to know more about this cryptocurrency, below we are going to see what ElonGate is so you can learn more about this cryptocurrency before you buy it. If you need help buying Elongate, here’s a step-by-step video. For the amount of You Pay, type in whatever amount of BNB you have.

  • Not only has Bitcoin appreciated close to 100% this year, but Ethereum has shown roughly 400% returns in the same time span.
  • Elongate is not listed on Coinbase or other major exchanges like Kraken or Gemini.
  • The ELONGATE crypto token is a BEP 20 token that is unique to the ELONGATE platform.
  • You must enter this address in Binance to withdraw your BNB from Binance to Metmask.
  • We always recommend trading at your own risk and doing the research before investing in any cryptocurrency.

Most exchanges need a minimum $50 deposit to exchange it for crypto. The table below offers a detailed overview of different amounts and their respective costs. And copy the address, withdraw BNB to this address from the exchange where you have got it.

What is ElonGate crypto?

Cryptocurrencies have been the hottest investment of 2021. Not only has Bitcoin appreciated close to 100% this year, but Ethereum has shown roughly 400% returns in the same time span. Smaller altcoins like those on Binance Smart Chain have shown even higher, face melting returns, but you’re taking on a much higher risk with small market cap coins.

  • To get started, you’ll need to register with a fiat-to-crypto exchange like Coinbase or Binance.
  • But what is ElonGate crypto, and should you invest in it?
  • Cryptocurrency Haus was created with the goal of delivering informative and educational blockchain information in an easy-to-understand way for people around the world.
  • ElonGate takes advantage of the Binance Smart Chain and utilizes TrustWallet for asset exchange.
  • Binance Smart Chain is much more centralized than Ethereum, as Binance controls many of the validators on the network.

To get started, you’ll need to register with a fiat-to-crypto exchange like Coinbase or Binance. These platforms allow you to buy cryptocurrencies using credit cards, bank transfers, or other local payment methods. PancakeSwap is a decentralized exchange (DEX) based on Binance’s smart chain for exchanging BEP-20 tokens. To facilitate ElonGate’s IPO, PancakeSwap offers our community the possibility to exchange their BNB for ElonGate. Following a pragmatic approach, ElonGate will be listed on major exchanges in the near future. ElonGate ($ElonGate) is a BEP20 token issued on the Binance smart chain with a total fixed supply of 1 quadrillion (1015) tokens.

If you don’t have an account with binance, you can create one just below. Elongate is a BEP-20 token built on the Binance Smart Chain (BSC). Launched in 2021, Elongate was inspired by a viral tweet from Elon Musk and quickly gained popularity as a meme coin.

Step 7 Verify Transaction

We offer our clients an innovative way to invest and make money through cryptocurrency. Our mission is to provide our clients with a reliable and secure platform for investing in cryptocurrency, and to help them make the most of this exciting new market. Our vision is to become the leading provider of cryptocurrency investment services worldwide. At such a low price, ElonGate may be a possible investment for future prospects and rewards from the community, especially considering its charitable endeavors. EG Token is the rebranded version of ElonGate, which maintains its focus on combining cryptocurrency with charitable impact. It still operates on the Binance Smart Chain blockchain.

List of all ElonGate exchanges where you can buy, sell, trade ELONGATE coin, sorted by trading volume

This will allow you to send your BNB from Binance to Trust Wallet. Click on the Settings button on the top right of the app. You will be required to verify your identity which should only take a few minutes.

Step by step

So if you buy ElonGate, you are going to see the amount you have increase just by having it in metamask. The first thing to do is to login to Binance, if you don’t have an account you can create one here. With your account, you must make a deposit to have funds and be able to buy BNB.

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Elongate is a cryptocurrency that gained traction as a meme coin inspired by a tweet from Elon Musk. Since then, it has evolved into a community-driven token with a mission to support charitable causes. Though its initial hype has faded, Elongate still maintains a loyal following and can be purchased on selected decentralized exchanges. In this guide, we’ll walk you through how to buy Elongate, what platforms to use, and how to store it safely. With the 5% marked, simply click on swap, and confirm in your metamask the transaction. With this, you will be able to have ElonGate and accumulate this cryptocurrency without doing anything.

Current Crypto Prices

This step-by-step guide was created to help you learn where to buy Elongate easily. Enter the amount you want to spend and click swap and follow, ELONGATE will be deposited in your Metamask wallet. ElonGate has no product nor does it provide any unique benefits to its users. The projected roadmap for ElonGate admits it doesn’t have real world use-cases.

Token

If you can find a winner, these tokens can appreciate over 1,000% in the matter of days. However, it’s unlikely these coins will hold their value over the long term, so be sure to have a plan in place to take profits. Since Binance Smart Chain uses a unique proof-of-stake model to secure its blockchain. The network can process transactions at a fraction of the cost it would take on Ethereum. Binance Smart Chain is much more centralized than Ethereum, as Binance controls many of the validators on the network. FTB FINCOIN is a unique company that is helping to revolutionize the world of finance.

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This will open the spot trade page, enter in the search box BONDLY/Coin which you have bought or deposited. Click on the coin and fill buy or sell form at the bottom. Once you’re logged in, you should be How to buy bondly prompted to the main page.

The Bondly protocol, built on Polkadot, comprises an ecosystem of decentralized goods that allow anybody to trade online currencies between family or friends. This protocol may also be transmitted via any messaging service or social media site. Bondly has also been designed to turn everybody and everyone into their own marketplace.

Bondly’s objective is also to make digital payments safe, interoperable, and scalable for worldwide use. He is a businessman and corporate development executive with proven success in collaborating with business owners to establish new lines of business and new markets. Rob has been involved in the development and growth of firms at the edge of the Entertainment, Internet, and Wireless industries.

We couldn’t find anything matching your search.Try again with a different term. More and more people are wondering how to buy Bondly (BONDLY) as it gains more traction and popularity in the crypto market. After this, the swap has been done and you will get a Token in your MetaMask wallet. Once you go to the official Uniswap website, click on Connect Wallet. Bondly looks to be a responsible endeavor, with practically every Bondly Medium piece praising the community for their support and participation.

Step 1: Create a Free Exchange Account

  • To trade cryptocurrency on Pancakeswap V2, you need to visit the official exchange website.
  • As direct fiat pair is not available you can use stablecoin USDT, so first you will buy USDT and after you exchange it to Bondly, or with crypto pair ETH.
  • Trading cryptocurrencies carries risk, and past performance is not indicative of future results.
  • The top spot exchange by buy/sell volume for the last 24h is Gate with usdt trading pair.

There are over four crypto exchanges where you can buy Bondly, and the top 3 ones are Gate, Uniswap V2, and PancakeSwap (V2). Coinlib does not guarantee the accuracy of the presented data and is not responsible for any trading decisions. Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold. There is no direct method to purchase BONDLY using cash.

This initial step is pivotal as your exchange account serves as the nucleus of your venture into the realm of digital assets. It is the conduit through which you gain access to the vibrant landscape of cryptocurrencies. Trading cryptocurrencies carries risk, and past performance is not indicative of future results. We strongly advise that you conduct thorough research, implement risk management strategies, and only invest what you can afford to lose. Phemex is not responsible for any losses you may incur buying or selling Forj.

Cryptocurrency exchanges adhere to regulatory standards and security protocols, necessitating users to validate their identity. This ensures the integrity of the platform and contributes to a secure environment for users to engage in the buying and selling of digital assets. Embarking on the exciting journey of purchasing Bondly starts with the establishment of a free account on a cryptocurrency exchange platform, whether through a website or a dedicated mobile app.

The table below shows all exchanges where you can buy Bondly (BONDLY) crypto, such as Gate, Uniswap V2, PancakeSwap (V2), etc. For some exchanges there is a depth percent that shows how much liquidity is available, live bids two percent up or down from the current price. The list is sorted by 24-hour volume and CL trust rating, and different pairs are listed separately with the corresponding volume. The digital era of financial assets beckons, and your exchange account is the key to unlocking the potential within. Gate offers 4-step guide to buy Bondly where you can easily buy a wide range of cryptocurrencies including Bondly (BONDLY), with the lowest fees and highest security. If you’re looking for a place to purchase Bondly, the best cryptocurrency exchanges to use right now are KuCoin, Gate.io, MEXC, XT.COM, and BitMart.

Other Cryptocurrencies Available on Phemex

The top spot exchange by buy/sell volume for the last 24h is Gate with usdt trading pair. During this period, 113,575,421.56 BONDLY were exchanged, with a trading volume of 75.9 thousand dollars. Nowadays, most people prefer to use hardware cold wallets, if you want to store a large number of coins or tokens, you can choose to use a hardware cold wallet to store your assets. During the account creation process, it is imperative to be prepared to furnish necessary identification proof.

Steps to Buy Bondly (BONDLY)

If you already have it continue with step by step guide. There is only four crypto exchanges on which you can trade BONDLY. As direct fiat pair is not available you can use stablecoin USDT, so first you will buy USDT and after you exchange it to Bondly, or with crypto pair ETH.

Ethereum Resistance Levels: Key Price Barriers Every Trader Should Watch in 2025

Along with escrow services, BProtect provides security systems and recurring payment choices. Furthermore, all payment operations are immutably recorded on Bondchain, Bondly’s blockchain that is now vying for a Polkadot para chain spot. The protocol focuses on the full buyer and seller experience for cryptocurrencies, as well as non-fungible tokens in the near future (NFTs). To trade cryptocurrency on Pancakeswap V2, you need to visit the official exchange website. Now your account is created and you can copy your wallet address to deposit Ethereum, USDC which you will use to buy BONDLY on Uniswap.

Bondly will also emerge more frequently in our day-to-day online digital payment transactions when new protocols and upgrades are released. Bondly has devised a novel method for consumers to quickly transmit or acquire virtual currencies native to several blockchains. Bondly was created to make trades secure for market participants by providing individual freedom on both sides of the transaction. Learn how to buy Bondly on the Gate cryptocurrency exchange. And copy the address, withdraw BNB to this address from the exchange where you have got it. You’ll need to add all the information that is required.

  • If you’re looking for a place to purchase Bondly, the best cryptocurrency exchanges to use right now are KuCoin, Gate.io, MEXC, XT.COM, and BitMart.
  • Once you’re logged in, you should be prompted to the main page.
  • Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general.
  • Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact BONDLY’s price and market cap.

Stay informed with the latest updates and insights from the world of cryptocurrencies. Newsroom is your go-to source for in-depth news articles, helpful guides, and information in the crypto industry. Enter the amount you want to spend and click swap and follow, BONDLY will be deposited in your Metamask wallet. Now you can agree to share analytics data or not just choose with which option you’re more comfortable. Please follow the step-by-step instructions provided below for more detailed guidance. Bondly is a well-known and participatory initiative that uses unique protocols to solve everyday difficulties.

On the main page, you’ll find the option of “Buy Crypto”. Hover over to “Buy Crypto” and select Credit Card if you want to buy crypto from your Credit Card. Or if you prefer buying it by Peer 2 Peer method, you can choose that too. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.

Remember, the world of cryptocurrency is dynamic, and staying informed is key. Entering the world of cryptocurrencies opens up a realm of opportunities, and one such digital asset that has gained prominence is Bondly. Whether you’re a seasoned investor or a newcomer to the crypto space, understanding the process of acquiring Bondly is essential for anyone looking to diversify their portfolio. In this guide, we will walk you through a step-by-step approach on how to buy Bondly, ensuring you navigate the complex landscape of cryptocurrency transactions with confidence. From creating your exchange account to executing your first order, this guide aims to demystify the process, making the acquisition of Bondly an accessible and informed endeavor. Uniswap is a decentralized exchange on the Ethereum platform, you can’t buy any token on it without owning Ethereum, so first of all you need to get an ETH coin, Ethereum(Instructions where to buy ETH).

By repairquote_bqsnod / Forex Trading / 0 Comments

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Inside sorting offices, staff faced job cuts, longer rounds, and intrusive scanners that tracked their every pause. Royal Mail’s new handheld devices promised efficiency but delivered only exhaustion, cuts, and control. It was the cost of living crisis that pushed those pressures to breaking point, not idleness. If a deal is not reached the 507-year-old postal service could be placed into administration. Royal Mail said it had increased its offer for workers to a 10 per cent pay rise over three years, with a lump sum of either £500 or £1,500. A source said further walkouts were almost guaranteed, following the 18 days of strike action last year.

  • However, the Communication Workers Union (CWU) is understood to be preparing to announce it will reject the terms in its dispute over pay and conditions.
  • It means the CWU’s 10 days of strike action will go ahead, meaning its 115,000 members will walkout on November 24, 25, and 30 as well as December 1, 9, 11, 14, 15, 23 and 24.
  • Its silence leaves Ward’s intervention exposed – and it is his members, more than half of whom did not vote, who now shoulder the consequences.
  • Royal Mail added it could offer to buy out a number of legacy allowances, make Sunday work voluntary, and stagger the introduction of later start and finishing times over three years.
  • Nathan Clements, chief people officer at food service company SSP Group, said the dispute served as a reminder of the importance of communication.
  • Check whether you already have access via your university or organisation.

Scottish SPCA staff announce strike action on Bonfire Night

They argue Křetínský is steering Royal Mail towards a low-cost, parcel-driven model of job cuts and “value extraction”, not investment in a universal service. It was about whether one of Britain’s last public goods could survive under private, and now foreign, ownership. Companies across the UK are facing a surge in industrial action as soaring inflation fuels pay claims while labor remains scarce. Additionally, the union intends to continue its strike through the Christmas season, which is expected to result in significant losses for the business. Royal Mail announced its plans to cut up to 10,000 jobs by the end of August 2023, attributing the decision to ongoing staff strikes that contributed to the first-half loss in 2022.

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General Secretary Mr Ward said the changes could lead to the “destruction of the special relationship that postal workers and the public have in every community in the UK”. Complete digital access to quality FT journalism with expert analysis from industry leaders. It means the CWU’s 10 days of strike action will go ahead, meaning its 115,000 members will walkout on November 24, 25, and 30 as well as December 1, 9, 11, 14, 15, 23 and 24.

The episode underscores just how thin the truce really is. What was billed as a turning point already risks becoming another flashpoint if the promised cultural overhaul fails to materialise. Old fears of Křetínský as an asset-stripper have resurfaced. The Postal Workers Rank-and-File Committee has been especially vocal, calling the takeover – endorsed by CWU leaders and the Labour government – a façade for austerity and exploitation.

“Once the relationship is ‘broken’ there needs to be a reset, refresh and a coming together after the dispute is resolved,” he said. Several professions have gone on strike in the past year, including teachers, junior doctors, rail workers, nurses, passport office staff and civil servants. He described the plans as an “asset-stripping business plan” that will lead to the break-up of the company. Letters will not be delivered and some parcels will be delayed, the Royal Mail has warned.

Seasonal working proposals would also be changed so that employees would work around two hours less a week in the summer, and two hours more in the winter. No letters will be delivered during strike days, said Royal Mail, but as many special delivery and Tracked24 parcels as possible would be delivered. Essential digital access to quality FT journalism on any device. In order to rebuild employee relations following strikes, and prevent further disputes, Clements said HR teams need to ensure any remaining frustration is dealt with.” The union said this would erode workers’ rights and rely on casual labour.

British Airways workers secure major pay increase following fire and rehire strategy

See why over a million readers pay to read the Financial Times. He said employers should try and maintain direct communication with their employees. The bill is reaching its final stages, with the consideration of Lords message due to occur next week (17 July).

  • About 140 workers at the animal charity will walk out for 24 hours on 5 November over “chronic low pay”.
  • The deal, which was reached in April after 18 strike dates, has won 67% of the union’s vote.
  • The CWU has accused Royal Mail of planning structural change.
  • This would effectively see employees in secure, well-paid jobs turned into a “casualised, financially-precarious workforce overnight”, said the union.
  • No letters will be delivered during strike days, said Royal Mail, but as many special delivery and Tracked24 parcels as possible would be delivered.

Royal Mail makes ‘best and final offer’ as industrial action confirmed for this week

Royal Mail was sinking into steep losses; postal workers into weeks of lost wages, cancelled holidays, sudden arrears. The eventual deal – a 10 per cent rise and a one-off £500 lump sum – passed with 76 per cent support. One of the longest and most bitter industrial disputes in Royal Mail’s modern history ended not in victory, but compromise. In July 2022, Royal Mail PLC quietly rebranded as What is Ripple International Distribution Services PLC – a move widely read as the prelude to splitting off its jewel, the profitable parcels arm GLS, from its burden, the loss-making UK postal service. Its silence leaves Ward’s intervention exposed – and it is his members, more than half of whom did not vote, who now shoulder the consequences.

The planned 19 days of industrial action include Black Friday week and Cyber Monday, as well as 13, 20, and 25 October, and 28 November. The deal, which was reached in April after 18 strike dates, has won 67% of the union’s vote. Platinum Jubilee bunting fluttered, but beneath it inflation rose; energy bills spiked and groceries rose by the week.

Services

This new offer includes an enhanced pay deal of up to nine per cent over 18 months, making voluntary redundancy terms more generous, and offering to develop a new profit share scheme for employees. Members of the Communication Workers Union (CWU) have held a series of strikes in recent weeks which the company said had cost £100 million. A new, 48-hour strike is set to be held at the end of this week, on Thursday, November 24 and Friday, November 25.

This is the sixth strike for postal workers, and comes after a summer of unrest which saw rail workers and criminal barristers walk out amid disputes with their employers. The company said despite 11 months of discussions with the Communication Workers Union (CWU), which represents around 115,000 postal workers, no agreement had been reached. Royal Mail bosses have warned union leaders that if the strikes go ahead, previously tabled deals on pay and working conditions will be withdrawn. However, the Communication Workers Union (CWU) is understood to be preparing to announce it will reject the terms in its dispute over pay and conditions.

Complete digital access to quality FT journalism on any device. Nathan Clements, chief people officer at food service company SSP Group, said the dispute served as a reminder of the importance of communication. Staff will get a 10% pay rise over three years and a one-off lump sum of £500.

The government has responded with the Strikes (Minimum Service Levels) Bill, which proposes to mandate a minimum level of service during industrial action from public services, with unions being sued if they fail to comply. Royal Mail workers, represented by the Communication Workers Union (CWU) have accepted a deal that will end a 14 month dispute over pay and conditions. Industrial action will threaten the job security of postal workers, said Royal Mail, calling on the leaders of CWU to cancel the walk-out and accept invitations for talks. It said plans by the postal service include cutting workers’ sick pay, delaying arrival of post by three hours and inferior terms for new employees.

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Royal Mail’s decision came after employees staged the first of 19 planned walkouts in the run-up to Christmas. The worker’s strikes in the past few months caused delays in delivering agreed productivity improvements, and lower parcel volumes, resulting in losses for the company. Talks between health unions and the minister are ongoing after unions rejected a renewed pay offer and said they will ballot for industrial action. Royal Mail workers are holding the first of 19 strikes in a long-running dispute over pay and conditions.

Royal Mail has stated it has made its “best and final” offer to the Communication Workers Union (CWU) in order to resolve the ongoing dispute. About 140 workers at the animal charity will walk out for 24 hours on 5 November over “chronic low pay”. The CWU has accused Royal Mail of planning structural change. This would effectively see employees in secure, well-paid jobs turned into a “casualised, financially-precarious workforce overnight”, said the union. General Secretary Dave Ward said workers faced the “biggest ever assault” on jobs, terms and conditions “in the history of Royal Mail”.

The company has also confirmed it would be committing to no compulsory redundancies until the end of March next year, at the earliest. Royal Mail added it could offer to buy out a number of legacy allowances, make Sunday work voluntary, and stagger the introduction of later start and finishing times over three years. Unite members at the James Walker factory in Cockermouth vote to reject an “insulting” pay offer. Workers have been offered a new pay deal at Leonardo, which runs the UK’s only helicopter factory. Check whether you already have access via your university or organisation.

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Seek out securities that trade more than 5 million shares per day whenever possible. Some low float issues can turn into highly liquid instruments when news happens, and volatility spikes as intense emotional reactions draw in market players from diverse sources. He quickly gained a reputation for his unconventional approach to investing, which flew in the face of traditional value investing principles popularized by Benjamin Graham and Warren Buffett. Instead of seeking out undervalued stocks, Driehaus focused on companies showing strong growth and a rising price. Traders use the momentum indicator (shown as a line oscillating around the 100 mark) to see how strong a price move is. It works like an oscillator and measures how quickly prices are changing.

Momentum Trading Strategies: Backtests, Setups, Rules, And Indicators

Overnight gap risk forces many momentum practitioners to close positions before market closures and avoid exposure to earnings announcements or geopolitical events that can trigger price gaps beyond stop-loss levels. Risk management in momentum trading extends beyond individual trades to include portfolio-level controls such as maximum daily loss limits and concentration restrictions across correlated positions. Portfolio diversification across uncorrelated momentum plays reduces the impact of sector-specific reversals. Recognizing and quantifying trading risks forms the foundation of disciplined position sizing, stop-loss placement, and exit logic execution.

A simple strategy can be built to long the asset when a golden cross occurs, and short it when a death cross occurs. Let us take an example here to learn about the working of momentum trading. Next, we will find out the working of momentum trading to learn the intricacies of this trading practice.

It’s a strategy that requires constant attention and quick decision-making. Momentum trading is about finding assets that are already moving strongly up or down and expecting that movement to keep going. If reversal traders try to predict when a trend will change direction, momentum traders look to profit by following the current trend’s flow.

He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. Suppose you invest for six months, and you have $10,000 to invest in each stock.

How Momentum Shapes Trading Strategies

  • It often requires frequent trading, sophisticated analysis, and the ability to closely monitor market trends—tasks that can be time-consuming and potentially costly for the average investor.
  • The momentum indicator measures the strength of an uptrend or downtrend based on price movements and can determine how overbought or oversold an asset is.
  • Momentum trading rejects range-bound thinking, instead seeking assets breaking decisively through previous boundaries with expanding volume and volatility.
  • The two moving averages are the slow-line, or the slow-moving average with a larger lookback period, say 50 days.

The breakout above the 50-USD resistance validates the upward trend while technical indicators such as RSI and MACD provide confirmation signals. Fear of missing out drives additional buyers into the position and thereby generates the herding behavior that momentum traders exploit. The combination of a fundamental catalyst, a technical breakout, and volume confirmation produces optimal conditions for trend-continuation strategies.

The strength of any momentum approach ultimately depends on how factors convert into measurable performance metrics across What Is Ethereum different market cycles and volatility regimes. Traders often combine multiple indicators to confirm momentum signals and reduce false signals. It’s essential to understand each indicator’s strengths, weaknesses, and interpretation methods to effectively use them in momentum trading strategies.

Richard Driehaus: Pioneer of Momentum Investing

  • It works like an oscillator and measures how quickly prices are changing.
  • If reversal traders try to predict when a trend will change direction, momentum traders look to profit by following the current trend’s flow.
  • Success depends on optimal entry timing, adequate market liquidity, and disciplined exit execution.
  • However, these conditions also increase the risk, as markets can quickly reverse.

Convergence of the MACD with price action confirms the strength and positive direction of an upward trend, whereas divergence with price action confirms the weakening and reversal of a downward trend. For this reason, momentum traders use this technical indicator for future predictions in particular. Momentum trading is a technique where traders buy and sell financial assets after being influenced by recent price trends. They look to take advantage of upward or downward trends within the financial markets until the trend starts to fade. If they don’t work, various investment funds won’t use them for asset location. The momentum approach is based on inertia, which is the tendency for an object to remain in its state of motion until acted on by force.

In physics, momentum is defined as the quantity of motion of a moving body. For example, you could say that an accelerating car is “gaining momentum.” This definition is also sometimes applied to non-physical situations such as investing. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms.

Momentum trading strategies

Momentum trading disadvantages stem from structural limitations, behavioral pitfalls, and cost inefficiencies that erode portfolio returns and amplify risk exposure beyond what appears in simple backtests. The disadvantages of momentum trading create significant barriers to consistent profitability that traders must navigate through disciplined execution and realistic expectations. A scalper might jump in and out for quick percentage moves multiple times daily, whereas momentum traders typically let winners run longer and accept tighter stop-losses relative to larger profit targets. If you wish to learn more about momentum trading, you must enroll in the course on Momentum Trading Strategies.

The logic and trading rules are easy to understand, but it requires some problematic code to backtest the strategy successfully (you can purchase the code and logic for all free articles – including this momentum rotation backtest). One of them has sold 30,000 copies, a record for a financial book in Norway. One indicator might be good for S&P 500, while another is useless for bonds.

Though “momentum” can refer to fundamental measures of performance, such as revenue and earnings, it is most commonly used in reference to historical asset prices as a technical indicator. In a nutshell, by using momentum trading you are counting on a certain trend to continue. An ideal momentum trade would involve buying a stock on the way up and selling it at (or just before) its peak. As anyone who has tried it can tell you, that is much easier said than done.

Long term vs. Short term momentum trading approaches

Moving averages are not an official momentum-based indicator, but rather a lagging indicator that helps to identify entry points for a momentum trader. Therefore, it is a good idea to use moving averages as part of your momentum trading strategy along with other technical indicators, such as those on this list. As a general rule, we take a long-term investment approach at The Motley Fool. Whether we’re focusing on growth or value stocks, we typically base our decisions on fundamental analysis and the underlying business.

Taking long positions in stocks with high upside momentum and short positions in stocks with a high downside momentum. Momentum trading can refer to either long-term or short-term types of stock trading. For example, the meme stock rallies we’ve seen in recent years are forms of short-term trading, as is trading based on a company’s earnings report. But there are also momentum stocks that are clearly on longer-term uptrends. There’s a solid argument to be made that Tesla (TSLA +4.01%) has been a momentum stock for years.

Gap risk occurs when stocks open significantly above or below previous closing prices, bypass predetermined stop-loss levels and create larger than expected losses. Position sizing controls individual trade risk while stop-loss orders limit downside exposure to predetermined thresholds. Protective measures include avoiding earnings dates, to maintain diverse sector exposure, and to implement trailing stops to preserve accumulated gains during extended momentum runs. The trade qualifies as momentum investing because several key factors converge at the same time. Price acceleration occurs together with volume expansion and the combination lays the foundation for sustained directional movement.

You need a solid understanding of how the market moves, along with a good risk management strategy. Traders should know how to read charts, spot signals, and stick to a clear trading plan. Momentum trading allows traders to take advantage of ongoing market trends thanks to a mix of technical analysis and fundamental insights.

While both strategies involve capitalizing on market trends, momentum trading specifically targets securities with strong recent performance, often over shorter time frames. Meanwhile, trend following generally involves a longer-term approach, where traders seek to ride entire trends, regardless of short-term fluctuations. Momentum trading is more reactive to recent price movements, while trend following emphasizes broader, more sustained directions in the market. The ADX indicator​ is used to measure when a trend is gaining or losing momentum.