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1. Buy a stock today
2. Sell it for a solid profit in 5 days
3. Repeat this again and again for the rest of your life!
Jeff Cooper's 5 Day Momentum Method Can Help You Do This
In his first book, Hit & Run Trading, Jeff Cooper taught traders how he has made his living day-trading stocks over the past decade. The book is such a success that it is now back for its fifth printing in its first 18 months.
Now, for the first time, Jeff Cooper releases the 5 Day Momentum Method — his most powerful trading system for those traders who are looking for substantial 3 - 7 day gains.
How The 5 Day Momentum Method Works:
Rapidly moving momentum stocks always pause before resuming their trend. The 5 Day Momentum Method will teach you how to identify the exact day and price to enter these stocks before they explode again. You will usually risk only 1-2 points and your upside potential is 5 - 20 points, all within 5 days!
Do I Have To Sit In Front Of A Screen All Day Watching My Stocks?
Absolutely not! The best part of the 5 Day Momentum Method is that you do not have to watch your positions intra-day. Simply enter an order to buy or sell short, give your broker an order with your protective stop, and then go back to your daily routine. You can check prices each evening at your convenience. At the end of 5 days, simply take your profits (if your stop wasn't triggered) and go onto the next set-up.
Among the features you will learn are:
The specific, simple-to-follow rules to identify the fastest moving stocks.
Where toexactly place your entry and exit orders.
Where and how to take profits.
Advanced trading techniques to maximize gains.
Precise options strategies to leverage yourself to gains of 50% - 200% within days.
... and much, much more!
Posted November 12, 2001
I like how Cooper introduces the concept of an advanced pullback here. It looks like he uses the idea of using DMI, ADX and Stochastics to hedge the risk of a potential trade which actually works out pretty well. He fleshes everything out very clearly and in a methodical manner which should make it an appealing read for a beginner or novice trader. More advanced traders should have a quicker read though no less profitable. My only complaint is that he uses an indicator that is not typically included in the realm of free data, ADX, but he gives us a proxy for it by using the RS indicator from IBD, which is easier to find. Other than that, I find it a reliable set-up to consider night after night.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.