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REDDIT

Why Trading with Momentum is Weird

My momentum screener gave me 3 signals last Friday and I think I got all 3 expected outcomes.

The Signals I got: $FSLY, $CAR, and $TSEM

$FSLY - absolutely blow up in my face down -32.05% from my entry price at the open on Monday.

$CAR - extreme opposite to FSLY and made a massive run to the upside for +64.08%

$TSEM - Did nothing all week. Sitting positive +3.24%

Ironic, made some profit overall so I’m happy. Got another 4 signals to test this week.

Aside from FSLY dying I am still holding $CAR and $TSEM. Let me know if anyone has experienced something similar trading momentum!