SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken Wolff who wrote ()1/5/1998 2:13:00 AM
From: Ken Wolff  Read Replies (1) of 2120
 
Momentum Stocks Defined

I feel momentum daytrading is like a pony express rider jumping on one horse to another. He gets to his destination faster by using fresh horses and riding them until they get tired. I feel that this is true with daytrding. You will reach your goal of higher profits by riding the freshest momentum stocks possible.

Momentum causes a stock to start readable patterns of oscillations. The price variance of the highs and lows are determined by the reason (the story) for the momentum. The are stocks that oscillate because of news, investors interest in their sector, rumors and inside information. The dynamics of the market will determine the nuances of each oscillating stock. I like to track these nuances and repeating patterns. Once I identify the pattern, I like to continue to track them
even when the market pattern change. Cycles tends to repeat.

Ken
mtrader.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News