What is Momentum trading?

Hello,

I have found on this forum that some interesting traders are trading "momentum"? What is that?

I guess it's not related to the momentum indicator.


Thanks a lot.
 
Quote from TraDaToR:

Hello,

I have found on this forum that some interesting traders are trading "momentum"? What is that?

I guess it's not related to the momentum indicator.


Thanks a lot.

Simply one of about a dozen defined aspects of an overall trading plan/strategy. The opposite of "fading" the markets. When in a short term rally, buying first, when in a down market, selling first.

Don
 
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