Tony Pow

Momentum Investing Third Edition Tony Pow

Percentage wise, my momentum investing is most profitable so far. I classify this strategy into 3 sub strategies depending on the average holding duration.

- Holding stocks for less than a month. This is my primary strategy. I do not consider fundamentals but on price momentum.

- Holding stocks for about 2 months. Sector rotation is one example of usage.

- Holding stocks for 3 months or even longer. Need to incorporate both fundamental metrics and technical indicators.
Also incorporate covered calls to generate income. A good strategy in a sideways market. In any case, do not forget market timing as described in this book. When the market plunges, it is hard to make money.

Update date: 10/2021.
Size: 250 pages (6*9).