Chapter 7: Noiseless charts
by PRASHANT SHAH -
“If you always do what you’ve always done, you’ll always get what you’ve always got – Henry Ford ————————————————————————————————————————————– The strategy or the tools that you are comfortable with can also become part of your momentum investment strategy. In this context, using noiseless charts can be an interesting twist to the momentum investing strategy, The ... Read more
Chapter 6: Momentum Indicators
by PRASHANT SHAH -
“Chase the vision not the money, money will end up following you.” – Tony Hsieh Our momentum strategy engine enabled us to select the conditions and design a momentum strategy plan. People also use various technical trading strategies. How about including those strategies in the strategy engine? Will it improve the performance or just end ... Read more
Chapter 5: Improvements
by PRASHANT SHAH -
“Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.” – Michael Carr We now have a decent strategy in place. While practicing the strategy and observing how stocks perform, I explored many other possibilities. There is no perfect strategy that works ... Read more
Chapter 2: The Momentum
by PRASHANT SHAH -
“Momentum begets momentum, and the best way to start is to start.” – Gil Penchina. We have discussed about research papers and experiments highlighting that momentum persists across markets, countries, indices, sectors, and asset classes. In this chapter, we will delve deeper into the concept of momentum to gain a more comprehensive understanding. While discussing ... Read more
Preface
by PRASHANT SHAH -
Attributed to the momentum researchers and practitioners who have contributed to this field. Dedicated to the Definedge community. This book is the result of a question I received in the comment section of a video I recorded. Someone asked me about the momentum strategy, and I initially thought that momentum strategies were popular and well-known. ... Read more
How to read this book
by PRASHANT SHAH -
This book is structured in two parts: Momentum Investing and Momentum Trading, as each requires a distinct approach. The first two chapters are relevant to both types of strategies, providing an understanding of the history and core concepts of momentum. The chapters are organised sequentially, offering a structured approach towards understanding momentum as a key ... Read more
