I'm a trader, not a quant. I buy off
price-and-volume signals, not valuation metrics. But the intermediate-term
momentum trader still targets companies with fundamental traits most likely to
drive cash into, or out of, stocks.
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One of the most
important lessons that a
successful stock investor needs to learn is that there are times when the market
is presenting plentiful, low-risk opportunities and there are times when making
money in the markets is quite difficult and far less certain.
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