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. However, I soon realised that this was not the case.

People talk about momentum, but their understanding is often fragmented. Despite the extensive research and work done in this field, awareness remains limited, and a structured approach is lacking.

In India, there are many skilled practitioners and fund managers successfully applying this method. Various types of funds, including mutual funds, are managed based on the momentum concept. However, retail traders often lack structured knowledge on the subject.

I initially started by creating videos on the subject, but the questions I received made me realise that I could contribute more meaningfully by offering a structured educational format. This book is the outcome of that thought process.

There is a growing interest among individuals who want to learn and apply this method in a way that suits their own style and preferences. This book is for them.

This is my fifth book, and honestly, I had decided not to write another one anytime soon. Many people assume that I enjoy writing books, but that is far from the truth. Writing a book demands immense dedication—it takes a life of its own. Especially for someone like me, who can't sleep properly with an incomplete task at hand. Balancing my responsibilities of managing a business, developing products, and running a brokerage house made it incredibly challenging to find the time and focus to write. However, thanks to the unwavering support of my team members and family, this book has become a reality.

This book is attributed to all the practitioners, researchers, traders, and investors who have contributed to the field of momentum investing and trading. Their work has laid the foundation for what we know today and the modern strategies we practice. Today, there are many brilliant practitioners of momentum investing and trading strategies, and I have immense respect for all of them.

There are countless names to mention, and the first chapter, along with the bibliography, highlights the contributions of those from whom I have learned. This work is a result of their invaluable insights.

My ideas would have remained mere thoughts on paper if not for the exceptional team at Definedge. I am deeply grateful to Rajesh Badiye, Raju Ranjan, Rajesh Jangid, Vinay Shah, Abhijit Phatak, Raghunath Reddy, Brijesh Bhatia, Prasiddh Shroff, Sourabh Shah, Prashant Gupta, Sankalp Singh, Suresh Vivekanandan, Vithal Shinde, Krishna Aghicha, Amit Pawar, Anurag Raju, Vaibhav Shilankar, Amit Gaikwad, Sidharth Bhalerao, Gautam Mayekar, Sagar Jaju, and the entire 110+ Definedge team members who make Definedge possible. A special thanks to B. Krishna Kumar for his meticulous editing and for keeping my ideas in check.

Most importantly, I owe a great deal to the users, subscribers, and community members of Definedge, from whom I continue to learn. As mentioned earlier, this book is a direct outcome of discussions within that forum. I gain invaluable insights through these interactions, and their unwavering trust and support mean the world to me. They are the primary motivation behind my efforts to share knowledge, and this book is dedicated to them.

A special thanks to my wife, Isha, my parents, and my in-laws for their constant support in all my endeavours. I had promised Isha that I would devote more time to our family. But when I shared the idea of this book with her, she just smiled and said, 'There go the weekends... I guess I’ll have to rely on web series.' Thats when I realised—she is not just my biggest supporter, but also my biggest realist. Honestly, much of what I have achieved is because of her, and her unwavering support—along with her eye-rolls—are truly beyond words.

A great deal of hard work has gone into bringing this book to life. It is a sincere and genuine effort to present the subject and research in the most practical way possible, empowering traders and investors with valuable knowledge and innovative concepts

All the charts, data, and backtesting presented in this book have been conducted using Definedge platforms.

Lao Tzu famously said, 'The journey of a thousand miles begins with a single step.'

Consider this book your guide on an exciting journey into the fascinating world of momentum. I sincerely hope you find this journey enjoyable and gain valuable insights from the research and strategy ideas presented in this book. Let’s embark on this adventure together!

Prashant Shah