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 on
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 data to
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 over a much shorter
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 HOD/LOD
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, we've noticed our performance
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 to the
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 hinting
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 this pattern
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 of stock
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
market strategy Why MOMO Pro Provides a "Flattened View" of Regular and Extended Hours A recent MarketWatch article shed light on an intriguing aspect of the stock market that we have known for several years and have been meaning to share: a significant portion of daily returns are made outside of regular trading hours. As the founder of MOMO Pro, I believe it's essential
AI AI Unleashed: Speculation into the Unknown There is an insane number of AI projects being developed and ".ai" businesses being spun up. AI has been present in the enterprise sector for years in various forms, but now, with large language models (LLMs), there is a highly accessible and functional model for people to interact with AI.
Gap Scanner Gap Scanner Now Available in MOMO Pro+ We all know the feeling... we see news late in the evening or over the weekend that suggests a stock is a screaming buy, or perhaps a dump, and want in (or out) regardless of the last quote. This type of FOMO is contagious, and although we all like to
multi-screen Mometic Standards Work with W3C One of the goals we had for 2023 was to start moving MOMO Pro from a "web app" to more of a "web-based platform". While the difference is subtle, the way we see and define a web platform is that a web platform gives users more modular utility across their
short trading How to Find Trades in a Bear Market Looking for opportunities to trade in a bear market can be a daunting task. When the market plunges, losers seem to outnumber gainers by a wide margin, causing panic and uncertainty. But fear not! Experienced traders know that there are always opportunities to be found, even in the most challenging
education Is MOMO Pro a Good Scanner/Screener for Beginners? Oddly, this question hasn't come up before or perhaps frequently enough to notice. Last week, we were checking our search analytics and saw this very question asked a couple times, so I thought I would take a moment to address. MOMO Pro was initially purpose-built for traders looking to supplement
momo pro features Our Focus on Usability While Building MOMO Pro... We spend a lot of time thinking how we can make MOMO better. I like to think of it as putting my OCD to good use. Frustrations with how many applications work (or don't) plays a big part into the value I take away from the application. I believe our
day trading Trader Checklist: Steps to determine whether to exit at a loss. There are several mental steps a trader should take in determining whether or not to exit a trade at a loss: 1. Assess the reason for the trade: It's important to understand the reason why you entered the trade in the first place. Did you have a clear and specific
Best of Is MOMO Pro Stock Scanner "Worth It"? In our search analytics we are seeing this as a question being asked and wanted to shed some light on this, albeit a bit biased, of course because we wrote it. So here goes... When my family and I go on vacations, we inevitably wind up hiking some mountain or
Average True Range Pros and Cons of Using ATR in Day Trading Average True Range (ATR) is a technical analysis indicator that measures the volatility of a stock. This indicator is often used by day traders to assess the level of risk associated with a particular stock and to make more informed trading decisions. One of the main advantages of using ATR
MOMO features Scanning for Volatility with ATR Finding your perfect momentum setup is only good if the stock is predisposed to actually move. ATR scanning adds that dimension to MOMO Pro+. As a refresher, ATR - Average True Range is a basic indication of price movement over time. We've taken ATR and converted to ATR% which is
short squeeze MOMO Squeeze and Short Ratio Deliver "One of a Kind" Short Squeeze Scan Today I'm happy to announce we've added Short Ratio to MOMO Pro+. Together with our existing indicators you will now have one of a kind insight into stocks bearing the weight of potential short squeeze due to traders perceived increased risk and decreased return from holding short positions. While short
