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Wednesday, August 6, 2008

Why Momentum Stock Trading

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

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