Momentum trading is the strategy of buying assets that are already going up, and selling those going down. It sounds counterintuitive, but 'the trend is your friend' is one of the most profitable axioms in markets.
Lesson 9 of 12
Momentum trading is the strategy of buying assets that are already going up, and selling those going down. It sounds counterintuitive, but 'the trend is your friend' is one of the most profitable axioms in markets.