Momentum Stock Trading System

The stocks I buy hit their target over 85% of the time. I find a certain stock, certain set-up, certain technical traits, certain fundamentals. I buy at one price and sell at another. Ignoring the pauses, corrections, dips, hysteria. I do not need to listen to opinions, follow any advice, follow the stock price daily gyrations. (That’s basically what the losing trader’s do.)
The key is to roll into three successive trades. It takes time. But short term gains are a waste of time.













The 7 Habits of a Highly Successful Trader
Trading is actually more about psychology than skill. I can’t tell you the number of times i have told clients to buy a stock at $30..then 2 years later I tell them “Jim move your stop on that stock you bought at $30 to $95 now” and you know what reply I often get?
“Oh…i sold last year at $50…it looked like the stock was falling and I didn’t want to lose the profits.”
Why do people do this? Lack of belief. Scared money trading. No plan. No discipline to actually stock to the plan when the stock sells off.
The 7 Habits of A Highly Successful Trader was written by me in 2000. Wow…time flies. Everyone is chasing The Holy Grail but never look at the psychology, the mindset to win in trading (and in business)
$5. PDF booklet.



Past performance is no guarantee of future performance. There is a risk of loss.