6min chapter

Millennial Investing - The Investor’s Podcast Network cover image

MI211: Managing a Hedge Fund and Bitcoin Macro Analysis w/ Dr. Jeff Ross

Millennial Investing - The Investor’s Podcast Network

CHAPTER

Why Is Momentum So Important?

"I want to be in things that are indefinite up trends, and i want to be out of them or shorting them if they're indefinite down trends. That's what momentum indicators do for you," he says. "You can look back and say, whenever it's been at this level and this far down, based on this z score, then it should ert to the mean." He adds: "It's hard to go wrong doing a golden goose investing way... You may miss out on some gains by not taking care of your long term goals"

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