Wednesday, September 30, 2020
Home Stock Market Books How I made money in the Stock Market using Relative Strength

How I made money in the Stock Market using Relative Strength


Price: ₹ 449.00
(as of Aug 20,2020 21:35:40 UTC – Details)


Previously, I used the momentum strategy in trading. This strategy has the idea that buy stocks at high price and sell at higher price. Because we believe that momentum have the force that makes the price higher.

For my speculation, I use the condition that I will buy stock that have high momentum. So, if the stock beginning to sideway. It will have high momentum. when the price cannot breakout the resistance. I buy stock at the highest price.

That make me ask the question what’s momentum strategy’s weakness, and how we can see the warning sign that the price has a lower chance.

From the question I found the weakness of momentum is that we cannot observe when the momentum is weakening.

But then I found about relative strength. It helped solve the problem of momentum weaknesses very well. It Help me see the warning sign that previously I can’t see when the price’s momentum has decreased. And that made search the stocks will be better for speculative trading.

And when using it with RS-Pattern, they help me decide to buy stock better. It makes me easier to make money. Because you don’t have to wait for that chance when the share reached its limit, will the share purchase this time be able to sell at a higher price? even during holding. When seeing the warning sign that the price may be decrease. It makes me decide to sell the stock more easily. Resulting in a very small decrease in profits compared to before, sometimes with almost no profit at all.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Effective Investments on Capital Markets: 10th Capital Market Effective Investments Conference (CMEI 2018) (Springer Proceedings in Business and Economics)

Price: (as of - Details) This proceedings volume presents current research and innovative solutions into capital markets, particularly in Poland. Featuring contributions...

How Finance Works: The HBR Guide to Thinking Smart About the Numbers

Price: (as of - Details) Based on a popular class taught by a Harvard Business School professor.If you're not a numbers person,...

Inside Technology Stocks: The Secrets to Investing in Today’s Hottest Companies

Price: (as of - Details) Technology stocks provide the wildest, most exhilarating, most profitable ride in the stock market today. This is...

Getting Started in Value Investing: 72

Price: (as of - Details) An accessible introduction to the proven method of value investing An ardent follower of Warren Buffett-the most...

Recent Comments