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While minimizing losses during times of consolidation or reversal, trend-following strategies can be useful in capturing profits during extended market trends. Purchasing stocks that are showing a significant upwaall rummy list 51 bonusrd price momentum is the main objective of momentum trading, another well-liked trading method. This trading strategy entails finding stocks with strong relative strength or positive price momentum indicators, then making trades with the hope that the momentum will last for a short while. When positive news catalysts or a robust market sentiment drive short-term price movements, momentum trading strategies can be useful.

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