{"id":105156,"date":"2021-01-23T12:55:02","date_gmt":"2021-01-23T12:55:02","guid":{"rendered":"https:\/\/fin2me.com\/?p=105156"},"modified":"2021-01-23T12:55:02","modified_gmt":"2021-01-23T12:55:02","slug":"robinhood-couple-in-viral-tiktok-discover-quant-momentum-trade","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/robinhood-couple-in-viral-tiktok-discover-quant-momentum-trade\/","title":{"rendered":"Robinhood Couple in Viral TikTok Discover Quant Momentum Trade"},"content":{"rendered":"
Buy when a stock keeps going up. Sell when it keeps going down.<\/p>\n
To quantitative investors, it\u2019s dubbed the \u201cmomentum\u201d trade — rooted in decades of behavioral analysis, backtesting and academic rigor. To TikTok users @ChadandJenny, a basic version of this follow-the-trend strategy netted a more than 2,000% return on the Robinhood app in a month, they claim.<\/p>\n
\u201cI see a stock going up and I buy it — and I just watch it until it stops going up and I sell it,\u201d the user known as Chad said in a video re-posted on Twitter on Sunday that has been viewed 1.8 million times. \u201cI do it over and over and it pays for our whole lifestyle.\u201d<\/p>\n
As markets keep going up, day-trader bulls are claiming bragging rights and mesmerizing Wall Street.<\/p>\n
<\/path><\/g><\/svg>A sneak peek of one of our top secret trading strategies. h\/t <\/span>@ryanfeller_<\/span>