Momentum investing strategies
Momentum investing - where the name of the game is “buy high and sell higher.” It’s like trying to catch a wave and ride it for as long as possible, except instead of a surfboard, you’ve got your portfolio.
The idea behind momentum investing is that stocks that have been performing well in the recent past will continue to do so in the near future. So, investors look for stocks with strong upward trends in their prices and jump on board to ride the wave.
Of course, the challenge with momentum investing is that it requires you to constantly stay on top of the trends and adjust your portfolio accordingly. If you’re not careful, you might find yourself buying at the top of the market and then getting wiped out when the trend reverses.
But for those who can handle the ups and downs, momentum investing can be a thrilling ride.