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Is Momentum Trading Dead?
Prior to the NASDAQ bubble burst, momentum trading would of made you alot of money. Entry timing did not matter... you could simply get in anywhere you want and the market would move in your favor. (to the upside) Nowadays entry has become alot more important.
I would like to hear traders opinion on momentum trading. Is it now considered a newbie trading method? Has it now come down to entry based on setups?
Carter
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