So you wait nervously for the market to open eager to practice your newly learned strategy of buying low and selling high.  But you have learned the hard way that determining the "low price" to buy and the "high price" to sell is problematic.  So what about "buy high" and "sell higher"?   That is called a Momentum Strategy.  You essentially participate in a move that has already begun with the expectation it will continue (up or down).

Some people think of it as chasing performance, which is often not a good idea. But, when done properly, it can be highly profitable and provide additional diversification to your portfolio.  

Do you invest with momentum strategies?   Let me know if the comments below and we’ll see ya next time.