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Momentum Investing (Styles in Investing) (Volume 1)

Author Tony Pow
Publisher CreateSpace Independent Publishing Platform
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Book Details
Author(s)Tony Pow
ISBN / ASIN1499134622
ISBN-139781499134629
AvailabilityUsually ships in 24 hours
Sales Rank607,842
MarketplaceUnited States 🇺🇸

Description

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. The return of this strategy is most impressive! Though these returns may not be sustainable, my convictions are so strong that I am boldly increasing my investment. The concept of a momentum strategy Each week, I buy about 5 stocks based on the momentum metrics and sell them after a month. I do not use the fundamental metrics as I usually do not hold them longer than a month. From my current record, the average holding time is about 20 days.