Overview

This strategy provides me with steady income by working an hour or two every week. How long will it last? I do not know. I will describe the concept here, so you can devise your own to fit your risk tolerance and requirements. As of this writing, this strategy is having amazing returns. Though these returns may not be sustainable, my convictions are so strong that I am boldly increasing my investment. When the market is trending up, this strategy is very profitable particularly if the stocks are in the rising sectors. When the market is trending down, find the worst stocks and short them. The concept of a momentum strategy: Each week, I buy about 5 stocks based on the momentum metrics and sell them within a month. I do not use the fundamental metrics a lot, as that will not be effective in such a short duration. From my current record, the average holding time is about 20 days. The details of my strategy will not be disclosed fully but the concept is. When a strategy is used too often, it will not be effective and would end up churning the same stocks for all its followers. However, let me elaborate on the implementation of this momentum strategy and give you some ideas on how to build one for yourself. My Theory. When a stock is on the uptrend, most likely it will continue for at least for a week or two. Do not buy stocks when the market is risky. Protect yourself by using stops and / or using technical indicators such as SMA-20 (Simple Moving Average). Size: 115 pages (6*9) Last update: 03/2022

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