Gear Up Trading with Momentum Stocks

Gear Up Trading with Momentum Stocks Typically, stock trading is seen as a game of losing or making huge money with the blink of an eye. High returns may encourage even a new or seasoned daytraders equally. Many traders prefer trading with momentum stocks... More

Gear Up Trading with Momentum Stocks Typically, stock trading is seen as a game of losing or making huge money with the blink of an eye. High returns may encourage even a new or seasoned daytraders equally. Many traders prefer trading with momentum stocks that have high returns graph for the last 3 to 12 months. Such stocks can double or possibly triple invested money in a short time of just few months. Investors usually hold such stocks for some months and then sell it to earn profits. Some stocks may even make returns to range between 100% and 300%. Momentum stocks trading involves speed and quick decisions that can be confusing for new traders. Here are some simple pointers to identify hot stocks easily: • Such stocks have strength to outperform over 90% market stocks in a timeframe of 12 months • At times of Indices decline, these stocks show strength by either holding or exceeding their highs • At times of Indices rally, these stocks lead the rally with new highs • The bala Less