055: Nathan Michaud – Trading Momo Stocks, and Scaling Up for Larger Gains w/ Investors Underground
Chat With Traders
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How to Trade Momentum Stocks
My trading approach is pretty much focused on momentum all I care about is stocks that have range meaning something that might be two or three bucks but it's trading up 20 or 30 percent today. That's the first thing that I look for each night we start we scan for stocks that are overextended and yet to have a real pullback so dealing with that you're dealing with momentum stocks that are breaking out I'm primarily a short seller so I'm looking for those stocks that have really overextended really broken out but have yet to pull back i'm looking to take advantage and join the downside when people first think about taking profits.
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