Momentum Stocks: Investing and Trading on the Stock Market like a Genius by Analyzing and Understanding the Trends

Matthew G. Carter

Jan 2018 · Author's Republic · Narrated by John Hays

About this audiobook

Everything you need to know about profiting from momentum stocks without getting wiped out.

"The trend is your friend, until the end when it bends!"

There are two types of trend traders - those who follow the trend and make profits, and those who follow the trend, make profits, and then lose it in the end. Which of these traders do you want to be?

Trend trading is certainly a good thing - people like John. W. Henry earned millions of dollars from trend trading. From the proceeds of his investments, he bought the Boston Red Sox and the Liverpool Football Club and today, he is worth over $2.2 billion.

The truth is that trend following is a very controversial topic; many financial advisors would advise you to stay off trend stocks, and that they don’t work for stocks but people like John W. Henry have proven them wrong.

People who tell you to stay off trend following simply have no idea about how to trade trend stocks; there are methods to these things, and in this book, you’re about to learn some of the secret strategies that successful trend traders use.

This is where your momentum stock success journey begins. Here is a preview of what you'll learn:

• What trend following is
• Where to find the best trend stocks
• When to buy a stock
• When to take your profits
• When to exit a losing trade
• And basically everything you need to know about profiting from momentum stocks without getting wiped out.

An Author's Republic audio production.

Ratings and reviews

This short book is straight to the point. It explains the basic steps of the classic trend following strategy. You will read how to identify suitable stocks, define buy/sell signals, position sizing, and get a short briefing on risk management. The strategy is exemplified by some charts of some very well known cases. The book lacks backing up of the author's personal track record of application of this strategy, other than anecdotical assurance of it being very good and exciting. Indeed, the track records in such books are always very rare, therefore the only way to verify the strategy proposed is to (back)test it by yourself, which is the point of the whole thing. Ideally, on a training account or on as small sizes as the financial stress would allow.

As a complete newbie to the idea of investing I thought the ideas shared in this book were well worth reading. Mr. Kratter gives good examples of how investing can be beneficial as well as detrimental. With information on how to choose what is a safe investment margin and tips for setting a stop margin for selling. Several websites are shared so an investor can do further research into the stock(s) they are interested in.

There are two types of trend traders - those who follow the trend and make profits, and those who follow the trend, make profits, and then lose it in the end. Which of these traders do you want to be? Trend trading is certainly a good thing - people like John. W. Henry earned millions of dollars from trend trading. From the proceeds of his investments, he bought the Boston Red Sox and the Liverpool Football Club and today, he is worth over $2.2 billion.