How to make money using one day momentum

This old video from the members explains some of the logic behind my momentum burst setup.

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Software I use

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Affiliates: Amazon, Worden, Trade Ideas

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Disclaimer
The content is for educational purposes only and should not be taken as a suggestion to buy or sell anything. Do your own research. There is substantial risk in stock trading.

[sadashivkambagi]

i love 4% break out strategy. thanks for sharing your knowledge free of cost .

[ryanblair]

Your previous 4% breakout rule video has helped me a lot Pradeep!! In the past I've tried breakouts, but not enough success Your strategy has helped catching stocks earlier in their advancement phase.

[leeclark]

Is the v>v1 condition used when finding stocks early in the day or is it used when identifying potential swings at the end of the day, often stocks make a greater than 4% move before the v>v1 condition is met,

[vijaypeswani]

This is the thing i have also found out last year and watching your video today is like that i have found the same pattern and it works in all market conditions...

[workathomemoms]

Predeep, Thank you for your deep dive videos. What software would you recommend for fundamental data?

[alexkap]

That TELL breakout in January of 2019 is one that should be studied and added to a pattern database. Textbook flagging pattern. Thank you for sharing your knowledge, Pradeep. I look forward to attending one of your bootcamps someday. 🙏

[fatih]

Thank you for sharing your wisdom with us sir. I enjoyed this to-the-point video. One question for you - how do you deal with early market pull backs, aside from the 25-40cent trailing stop loss (or $1-3 for the higher priced stocks)?

For example, if retail/ low volume bid up a price in pre-market but then the big boys log in at 9;30 to sell the price back down - do you only look at stocks with more than 10, 000 shares traded in the pre-market, or don't have resistance lines ahead? etc.

[carguru]

Great video, you're so good at explaining in a simple understandable way THANK YOU!!

[amospan]

Awesome teaching! Thank you for your help Pradeep!

[amitanshuv]

Thanks. Identifying one day momentum which can continue to become 3-5 days momentum and using trailing stops is the key to trade momentum.

[andrewloh]

Ive always had a problem with 4% b/o. Im always too late by the time the stock shows up on the 4% scan.

Your video doesnt explain exactly where or how we should enter the trade. Do we enter AFTER the stock has gone up 4% or more? Or do we antocipate that the stock will go up 4% or more? How do we anticipate this?

I think the biggest problem is this: by the time the stock appears on the 4% scan, it is usually too late to buy the stock (because the best ones move very fast, because they have the strongest momentum, and by the time we see these stocks from the scan they are already up more than 10%, or 20%) and we end up buying only the stocks up 4% but with less strong momentum.

So ya, the qn is: when do we enter EARLY in the strongest momwntum stocks BEFORE they show up on the 4% scan?

[leeclark]

Quick question, when selecting which 1 day momentum stocks to play, how do you know which one has potential to make a move? Do you use volume? Relative volume? Or is it based on the v>v1 criteria. Would appreciate it if anyone can help. Thanks

[James-qzvi]

I had forgotten about the LTB and $ scans. I only want to trade big bars, so these are perfect. Also, I like trading pullbacks. Is there a scan for pullbacks? I have written one, but not getting the kind of results I was looking for. I don't mind joining up again.

[contactjagadish]

I have a question for you. When in swing trading, how long do you hold your trade before you exit if the stock is not moving as expected? Basically how long you give a stock to move in swing trading?

[manojshrestha]

Sir could you please make a video on ABSOLUTE MOMENTUM? THANK YOU

[bingmow]

Pardeep. Would you agree that since this video was made and the influx of retail traders as a result of covid, this changes a little? I have found that retail shorts are more aggressive in the past few years as well. Thoughts?

[ArvindSingh-]

Please write a book sir..love from india❤

[cristiancorreaaspe]

This method need to consider in some way the index or market moves? Or setups are independent of that?

[SarkisKlinik]

It is great setup but the problem it goes frequently right in the premarket to -3% or -5 % on the next day causing already a certain big loss.

[ArvindSingh-]

Which vdo you are talking at start about momentum pls provide link....