Chapter 12: Momentum Trading
by PRASHANT SHAH -
“Success is where preparation and opportunity meet.” – Bobby Unser We have had an extensive discussion on momentum investing in detail, and it is important to understand how it differs from momentum trading. While both approaches are based on the principle of riding momentum, the expectations, processes, and activity levels in these two approaches are ... Read more
Chapter 13: Trading Strategy Engine
by PRASHANT SHAH -
“What makes a decision great is not that it has a great outcome. A great decision is the result of a good process.” — Annie Duke The momentum investing strategy engine that we discussed in the previous section can also be effective for developing a momentum trading plan. Stocks that meet momentum investing criteria often ... Read more
Chapter 14: Effective Setups
by PRASHANT SHAH -
“I believe in analysis and not forecasting. The key to success in investing is not in predicting the future, but in systematically following the present.” – Nicolas Darvas A technical trading strategy typically forms the foundation of any momentum trading plan. These strategies establish the rules for entry and exit, providing a structured approach to ... Read more
Chapter 18: Swing Trading
by PRASHANT SHAH -
“When rules are repeated and followed over time, they are internalized and become mechanisms of self-control. The right trading behaviour starts as rules and evolve into habits. That way trading become automatic. “ – Brett N. Steenbarger Swing trading is a trading strategy that aims to capture short- to medium-term gains in a stock or ... Read more
Chapter 19: Intraday Momentum Trading
by PRASHANT SHAH -
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” — Jesse Livermore Over the years, I have realised that intraday trading demands a high level of maturity and effective mindset management. Advantages of Intraday Trading One of the key benefits of intraday trading is that you are ... Read more
Chapter 20: Commodities Momentum Trading
by PRASHANT SHAH -
“Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend.” -Richard Dennis. Commodities trading in India has evolved into a dynamic segment of the financial markets, providing investors and traders with opportunities to diversify their portfolios ... Read more
