momentum strategy
DESCRIPTION
Momentum Trading basic explanation. How to invest in stocks using momentum trading strategy and how to limit risks in investing in the stock market.TRANSCRIPT
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Momentum Trading What is it?
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What is Momentum Trading?Trade stocks that are moving significantly in
one direction on high volume
Jump on board to ride the momentum train to a desired profit
Just like riding a wave
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How to find momentum stocks?Ride day trading “hot stocks” before they fall
off or
Ride funds during 30 days durations
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Pitfalls of Momentum Trading Jumping into a position too soon, before a momentum move is
confirmed.
Closing the position too late, after saturation has been reached.
Failing to keep eyes, missing changing trends, reversals or signs of news that take the market by surprise.
Keeping a position open overnight. Stocks are particularly susceptible to external factors occurring after the close of that day's trading - these factors could cause radically different prices and patterns the next day.
Failing to act quickly to close a Pitfalls of Momentum Trading
bad position, thereby riding the momentum train the wrong way down the tracks
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Win with Momentum Trading StrategyCreate automated algorithm, taking the
emotion out
Rolling momentum moves, always riding the last wave
Base it in index funds, not individual stocks