number of trades Number of Trades Now Available in MOMO Pro+ There are dozens of great trading opportunities every day. Our role at Mometic is to filter through the noise of the markets and narrow in on the best setups. While this may seem obscure, the process is painless once you get up to speed and our new "Number of
streetsmart Why is Schwab Discontinuing Streetsmart's HOD/LOD tool? - Claude Answers As a crucial tool in my trading toolkit and foundational component of MOMO Pro, I thought it would be interesting to ask Claude.ai (similar to ChatGPT) what would be some possible reasons why they would stop offering it. A few of the reasons offered were quite interesting! To explore
Halts Major Halt Alert Upgrade for MOMO Pro There are a few things in stock trading more time sensitive than halts. Playing a fast moving trade that's jumping or dropping a large percentage every minute is exhilarating and frustrating depending on which side of the trade you're on. Halts have a pesky way of
Trading Strategy Simple Steps to Becoming an Incredibly Consistent Trader Are you an active trader who's not achieving the results you want or possibly deserve, despite your best efforts? You might be wondering what it takes to become a profitable trader in today's machine driven, hyper-competitive market. In this blog post, we'll explore five
PWA Unlock More Power from MOMO Pro with Progressive Web App Installation In today's fast-paced trading world , having quick and easy access to your favorite tools makes the difference from catching a trade or missing it. That's why built MOMO Pro as Progressive Web App (PWA) installation option. By installing MOMO Pro as a PWA, you can enjoy
market risk Fear & Loathing in the Land of All-Time Highs What to Do? Many traders are asking the same thing as the entire US market reaches all-time highs. Should we ride the trend until the music stops, risking becoming long-term (underwater) investors in positions we're not entirely committed to? Riding the wall of worry, I question my judgment.
stock news Using MOMO Pro 1min Timeframe with News trigger for Hyper-awareness With our newly released 1min and 5min timeframes in Discovery you can not only see rates of change at these levels you can correlate the moves with things like our News indicator. Why is this important? Now you can instantly identify market-moving news releases as they happen. There is no
Near HOD/LOD Trading the "2nd surge" using near HOD scan. Anyone who trades regularly sees obscure stocks rip for what seems like no reason. Stocks that have been more or less dormant for days on end make a strong surge and catch your attention. You've probably also been guilty of jumping in to catch the move only to
streetsmart Goodbye Streetsmart, Hello MOMO Pro! May 1st, 2024 update: We've recently enhanced our HOD/LOD to include limit up/limit down (LULD) values as well as a realtime halt bar. This includes the ability to see active halts and the duration as well as their resumption (note image below). We recently learned of
best screener What Is the Best Stock Screener for Day Trading in 2024? Finding Stocks for Day Trading with Screeners in 2024 A stock screener helps day traders look for stocks to trade. It takes the fire hose of information from thousands of tickers to a manageable handful of stocks primed to move or that meet your criteria for a possible trade. Something
Trading Strategy Finding Your Optimal Scalp Size Scalping is all about precision – entering and exiting positions to profit from small intraday price breakouts. To capitalize, scalpers must align trade share size to their timeframes and mentality to maximize gains while controlling risk. While struggling for a good analogy, all I could only think of a pro golfer
Up, Down, Sideways... Thoughts on 2024. While I reserve about 30% of my portfolio for swing and day trades, my IRA and trust funds are at point where I need a longer term outlook. I came across an article from GS which resonated with me and said "investors should own growth stocks with high returns
volume scanner Realtime 1min/5min Volume Spike Scanning with MOMO Flow! Volume spikes are something traders have been asking about for some time. We didn't have a great way to implement so we built a new component - MOMO Flow! MOMO Flow gives traders the absolute fastest way to identify any volume spikes. MOMO Flow uses per second trade
scalping Strategy for Consistently Banging out 1 min Scalps. Ever since we've released our MOMO Chat we've come to see momentum trading a bit differently as we speak with others in our budding community. Where we have had more of a traditional view - the day traders among us, use MOMO Pro to find momentum
MOMO Stream New Stream functionality - "Near" HOD/LOD Ever have that feeling that you want to be more prepared for breakouts? Our new "Near" HOD/LOD is built to help. Trading can get chaotic and you lose track of opportunities while analyzing others. And while the default HOD/LOD setting is incredible for uncovering breakouts, Near
MOMO update MOMO Pro August 2023 Product Updates Our evolution has not slowed! Happy to say we have continued making enhancements non-stop and excited to share our latest batch of updates. While our work may not be as obvious as our recently released MOMO Chat, we are constantly bouncing between usability improvements, architectural, and feature functionality to make
Architecture Technical Update: 400%+ Improvement in MOMO Pro Stream Performance As trite as it may sound, we continually strive to improve our backend architecture when not adding new features. It's an unhealthy obsession, and it's a constant challenge as adding new functions and filters degrades performance a little with each update. And while nobody has complained,
short trading Escalator Up, Elevator Down: Understanding the New Landscape of Retail Short Selling As the stock market grows in consumer exposure, so too do the strategies and tactics of those who participate in its complexity. Over the past few years, I've seen a significant shift in the dynamics, driven primarily by a new breed of retail trader. Once seen as peripheral
market caution Time to Take Profits? Diving Deep into SPY and QQQ The stock market has been on a wild ride lately. The S&P 500 (SPY) and the Nasdaq Composite (QQQ) have been on record-breaking tears. And despite our love for momentum, we need to step back and check ourselves – so hold onto your keyboards, because there are some indicators
Introducing MOMO Chat or "The Everyday Trader's Bloomberg"! One of our core values was to help foster a community for what can be a bit of a solitary craft. Our goal was to include a new capability to not only learn and grow as a trader, but uncover potential money-making trades. As many of you know - the
Trading Strategy Outsmarting Institutions by Mastering the the "Double Liquidity Headfake" The "Double Liquidity Headfake" is a common trap used by smart money to deceive buyers and sellers in a single progammed play. The event occurs when the market breaks a swing high or low and then reverses in the opposite direction, trapping traders on both sides. By identifying
How-To The Stock Scanner Guide (and why we built MOMO Pro the way we did) The U.S. stock market has over 7,000 listed stocks moving simultaneously throughout the trading day. There are also another 1800 ETFs and thousands of warrants and other symbols. This doesn't even include the OTC market. To find and filter trading opportunities, most traders utilize the power
dark pool The Mystique of Dark Pool Data: Application or Distraction? The mystique surrounding dark pool data has garnered significant attention from traders, investors, and researchers alike. These private trading venues, where buy and sell orders are hidden from the public, have been a subject of fascination due to their clandestine-sounding name and potential impact on market dynamics. While dark pool
warrior trading Featured MOMO Pro Settings to Help You Trade Like a Warrior Ross has made himself a bit of spectacle online as a trader. Despite his notoriety as a businessman, his charming personality and gift for the livestream is undeniable. However, he charges a massive premium to use his services – as in Lous Vitton-type premium. As many of you have found yourselves
