Investing With IBD

Ep. 231: Thomas Carr: 3 Keys To Momentum Trading

Aug 24, 2023
Guest
Thomas Carr
Dr. Thomas Carr, founder of Befriend The Trend Trading, shares his keys to momentum trading and research. He discusses market conditions, pullbacks, profitable trades, hedging, and the influence of the dollar on trading. He also analyzes the performance of Upstart, the appeal of momentum trading, and provides tips for success. The chapter concludes with a discussion on building a momentum trading system using MarketSmith and analyzing selected stocks.
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Episode notes
1
Introduction
00:00 • 3min
2
Market Dynamics: Fed Fear and Recession Concerns
03:28 • 7min
3
The Influence of Dollar Strength on Trading and Preferred Instruments for Gold and Silver Trades
10:17 • 2min
4
MicroEz Futures and NASDAQ Breadth Analysis
12:12 • 3min
5
Analysis of Upstart's Performance and Market Health
15:11 • 2min
6
Analyzing Momentum Trading and its Appeal
17:36 • 22min
7
Building a Momentum Trading System
39:34 • 22min