HOW DID THE MOMENTUM TRADES WE DO?
'Momentum Trades' Performance
Momentum trading is an investment strategy that aims to capitalize on the continuance of existing trends in the market. We hold these positions anywhere from one to three months. Here are 10 trades that show how we have performed over the last several months
| Trade Date | Stock | Entry (Buy) Price | Sell Price | $Gain | %Gain |
| 3/1/17 | DCI | $45.84 | $47.45 | $1.61 | 3.5% |
| 3/1/17 | ODP | $4.80 | $5.50 | $0.70 | 14.6% |
| 3/1/17 | CWST | $13.02 | $16.01 | $2.99 | 23.0% |
| 3/1/17 | BBY | $44.91 | $57.50 | $12.59 | 28.0% |
| 3/1/17 | FOXF | $29.10 | $34.10 | $5.00 | 17.2% |
| 3/1/17 | VCYT | $8.67 | $8.35 | ($0.32) | -3.7% |
| 3/9/17 | RVLT | $6.20 | $8.55 | $2.35 | 37.9% |
| 3/9/17 | CRCM | $11.00 | $15.01 | $4.01 | 36.5% |
| 3/9/17 | WLDN | $32.80 | $34.50 | $1.70 | 5.2% |
| Total Gain | 15.6% |
And now. ……the graphs……..
DCI – A 3.5% gain in three months
ODP – A 14.6% gain in three months
CWST – A 23% gain in three months
BBBY – A 28% gain in three months
FOXF – A 17.2% gain in three months
VCYT – A 3.7% loss in 3 months (It happens)
RVLT – A 37.9% gain in three months
CRCM – A 36.5% gain in three months
WLDN – A 5.2% gain in three months