Q: I’ve heard you suggest buying stocks that have momentum rather than the normal axiom of trying to buy low and sell high.
How exactly do you go about this?
I’ve had big losses on CXR, ITC, CRH as I’ve tried to chase momentum.
I’m now in the same position with COV, buying as it went up during a few bad market days, but now I find myself down 30% as those gains quickly disappeared.
How can I use momentum more effectively?
How exactly do you go about this?
I’ve had big losses on CXR, ITC, CRH as I’ve tried to chase momentum.
I’m now in the same position with COV, buying as it went up during a few bad market days, but now I find myself down 30% as those gains quickly disappeared.
How can I use momentum more effectively?