2min chapter

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172: The Magic of Momentum Trading – Alan Clement

Better System Trader

CHAPTER

How to Measure a Good Trend Indicator?

The strongest trends that are going to not only persist, but also produce the most lucrative opportunities. And obviously then to be able to see it, you need to have some kind of way to measure the trend or the momentum. The last thing I'd say is you want to pick something that's normalized so that you can measure it across all stocks.

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