Why Momentum Stock Trading
5th March 2008
Why momentum trade stocks I am asked from time to time?
Because I do not have to get in right at the bottom of a stocks move to make profits. There’s no ego attached here. If I can catch half of a good trend then I am happy.
Also I have no idea what stocks are going to move. I really don’t. So I wait and let the market tell me which stocks it has fallen in love with. I can then simply wait for my buy signal to be triggered. Sometimes I miss these moves. I do not catch all big moves. I am happy to catch a few every year.
Study the past. Study past big winning stocks and you can see what works.
Momentum Stocks:
JRCC,
COIN
FSLR
SWC
Regards
Mark Crisp
