LP Momo Play: A Trading Blog for High Momentum Stocks

Yep, I hear yeah :-), blah-blah-blah... one more addition to the thousands of existing and ever growing trading blogs out there. I can't help it... I really feel I need to have an online journal. Something where I can jot down things related to my trading styles, trade plans, money management, and other matters in between.

I believe this personal blog will help me become successful in this tough Wall Street business. The LP Momo Play will focus and trade stocks that are exhibiting the following:

1. Strong Relative Strength
2. High Earnings Rating
3. Price and Volume Action
4. Compelling Chart Pattern

Although, the second is not a strict requirement in LP Momo method it helps in the final decision making. In this blog I will be sharing stocks I'm presently watching and will detail my entries and exits this is the best way to effectively track my progress.

As a disclaimer please be informed that I am not a licensed stock broker nor a certified financial professional, I am just a regular Joe trading and managing my hard earned capital. Therefore, any stocks mentioned in this blog should not be construed as a recommendation to buy or sell. Trading is not easy do your personal research or consult your financial planner before risking real money.

As always trade carefully and control your greed.