PDF Download Momo Traders: Tips, Tricks, and Strategies from Ten Top Traders, by Brady Dahl
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Momo Traders: Tips, Tricks, and Strategies from Ten Top Traders, by Brady Dahl
PDF Download Momo Traders: Tips, Tricks, and Strategies from Ten Top Traders, by Brady Dahl
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BUY NEW and PORTION OF PROCEEDS GOES TO CHARITY! - Momo Traders features extensive interviews with ten top day traders and swing traders who find stocks that move and capitalize on that momentum. They began where you are and now make a great living, some even becoming rich. They weren't given a leg up, they didn't start with millions, and they don't manage billion-dollar hedge funds. They battle the market day in and day out just like you, and win! Hear in their own words, how they got started, what strategies they employ, how they deal with losing streaks, what setups are most profitable, how they overcome blowups, what tools they use, how they enter trades, how they exit trades, how they manage risk, how they maintain success, and much, much more. From the swing-set builder trading with credit card advances to the penny-stock trader outwitting market makers to the accountant funding trading accounts with cash his employer gave him to pay for his MBA, these Momo Traders have figured out what it takes to beat the market.
- Sales Rank: #164145 in Books
- Published on: 2015
- Number of items: 1
- Binding: Paperback
- 308 pages
Most helpful customer reviews
12 of 12 people found the following review helpful.
Worthwhile
By Gandalf_Stormcrow
This book has interviews from ten momentum traders, and they all subscribe to a website/service called Investors Underground. Evidently most of the traders use the same trading method: short-selling over-promoted penny stocks that run up very rapidly and fall very rapidly. It's the same method that Timmy Sykes used back in the day (but now he sells instructional videos and such).
Side note: personally I don't trade this way because it's not scalable (even Timmy admitted this when his hedge fund went belly up) and too noisy; I'm an O'Neil/Morales/Kacher kind of trader who waits for large moves in stocks with solid fundamentals.
However I think this book is worth reading because you get a glimpse of the backgrounds of ten good traders. I always like reading how other successful traders got started, but I found myself skipping the parts of the interviews where they discussed their specific trading methods (because I trade differently).
I'd like to recommend another book I read recently that discusses successful people's backgrounds and stories - Getting There: A Book of Mentors by Gillian Zoe Segal. This book is not focused on trading, although Warren Buffett is the first interviewee.
6 of 6 people found the following review helpful.
I will recommend to other traders and investors alike
By Vin Trader
Crucial to any trader. Experienced or newbie, this book will help tons. I got this book a few days ago and will be finishing it up now.
My highlighter and underlining of text and golden nuggets of information is what will help any trader. I will recommend to other traders and investors alike.
5 of 5 people found the following review helpful.
if you trade .......buy it
By rocko1492
if you are a trader or your thinking about trading you should invest in this book ! i was thinking the whole thing may be one big infomercial about investors underground but thats just not the case,.im not a momo trader but a swing trader but found alot of tips from traders that are at the top of their game .alot of us see these people on youtube but you dont really get anything out of them but Dahl asked them all the stuff a trader would ask and they layed it right out there.i follow modern rock on twitter but never knew about his trading ,he and all of the others have a great story to tell .thanks for the tips guys and you too Michele !
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