Momentum Trading - Trend Trading System
Momentum trading is just one of many trading concepts. However in my opinion and experience believe this is winning strategy. These same lessons that Nicolas Darvis used by buying strong momentum stocks. Darvas in the 1950s amassed a fortune by trading momentum stocks. This strategy is not for everyone. It must fit your personality. I am sure you realize more than 90% of all traders fail. You really have to make a choice. Do you want to be part of the 90% who fail and who seek to be entertained by the “Fun” of the markets? Yes, I am very serious. I speak to many traders. One of my proverbial questions is why are you trading? Another question is what are you goals? My next question is do you know your compounded annual rate over the last 10 years? If you do not know where you are, how do you know where you are going? When looking at the strongest fundamental and technical stocks in the past; many wonder why they didn’t money trading them. It is very simple…they did not have an exact plan. In this short ebook, I present my winning plan. It is not perfect nor is anything. It matches my personality and risk tolerance. It takes less than ½ hour per day and over the weekends approximately an hour. Success is a combination of trading plan, money management and trading psychology. In this short ebook, I am giving you the entire plan and methodology. It is not perfect. There will be many losses along the way. However your job is to keep these losses small.
Introduction
Trading Plan
Patience & Discipline
Riding the Big Winners
Knowing exactly when to be in the Market
200 day Exponential Moving Average
Bear Markets
Identifying the Strongest Stocks
How much of a position to buy
When to exit with a profit or a loss
Examples of current trades
Bio of Andrew Abraham
Disclosure
Momentum trading is just one of many trading concepts. However in my opinion and experience believe this is winning strategy. These same lessons that Nicolas Darvis used by buying strong momentum stocks. Darvas in the 1950s amassed a fortune by trading momentum stocks. This strategy is not for everyone. It must fit your personality. I am sure you realize more than 90% of all traders fail. You really have to make a choice. Do you want to be part of the 90% who fail and who seek to be entertained by the “Fun” of the markets? Yes, I am very serious. I speak to many traders. One of my proverbial questions is why are you trading? Another question is what are you goals? My next question is do you know your compounded annual rate over the last 10 years? If you do not know where you are, how do you know where you are going? When looking at the strongest fundamental and technical stocks in the past; many wonder why they didn’t money trading them. It is very simple…they did not have an exact plan. In this short ebook, I present my winning plan. It is not perfect nor is anything. It matches my personality and risk tolerance. It takes less than ½ hour per day and over the weekends approximately an hour. Success is a combination of trading plan, money management and trading psychology. In this short ebook, I am giving you the entire plan and methodology. It is not perfect. There will be many losses along the way. However your job is to keep these losses small.
Introduction
Trading Plan
Patience & Discipline
Riding the Big Winners
Knowing exactly when to be in the Market
200 day Exponential Moving Average
Bear Markets
Identifying the Strongest Stocks
How much of a position to buy
When to exit with a profit or a loss
Examples of current trades
Bio of Andrew Abraham
Disclosure