Everything about Momentum Investing & Trading
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Hello everyone,
I am happy to share that my book on Momentum Investing & Trading is now published!
This marks the beginning of a mission — to build a community of sensible momentum investors and traders, and to empower them with powerful tools to become independent investors and their own fund managers.
We will be sharing more about this very soon.
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This is a wonderful book an encyclopedia of momentum investing & trading, Prashant ji and his team has really put in decades worth knowledge in this book. The way this book is structure is unique and is build on the top of the earlier topic... A fantastic way to drive home the concept. Love you work.. and kudos to the entire team....
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I have started reading the book now. No doubt it will deliver more than my expectations. I must appreciate the QR codes for the charts. Very innovative and useful.
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wonderful book prashant sir i watched all your video on momentum series and now i am reading your book on momentum investing they both complimeting each other for sure this book of wonders is going to add more knowledge in my existing trading and some tweak in my oringinal system
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Another Great Initiative of Prashant Sir & Definedge Salute to All Your Efforts
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How to get this book ?
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Great one Prashant Sir, I have order the book, do (momentum giri) with momentum investing & trading
. Thanks Prashant Sir & Definedge team. -
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Thank you, friends, for your kind and encouraging words.
This book is an honest attempt to share knowledge and contribute meaningfully.
If you liked the book, I’d be grateful if you could leave a review on Amazon.
Thanks again! -
@Prashant-Shah
Dear Sir,
I wanted to ask if the concepts and strategies shared in your book will be covered in your upcoming Pune event? As a beginner, I’ve recently enrolled in your Gurukul platform—specifically the "Trading with Renko" module—and I’m very eager to learn under your guidance. Your insights mean a lot to me, and I’m hoping this event will help strengthen my foundation further. Looking forward to your reply.Warm regards,
Umang Gohil. -
A admin moved this topic from Ask Prashant
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Great , Prashant Sir! I’ve placed my order for the book. Time to dive into some momentum investing and trading - Big thanks to you and the Definedge team
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hi prasanth sir, I have completed a quick read of the great book and now re reading to digest the things needed for creating a momentum strategy for me. i have a small query regarding RSI 7 column P&F mentioned in the book . Is it checking all the previous 7 column above 50 or is that the current column is above RSI 7- 50%.
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With NIFTY 500, MidSmall 400 and NIFTY TOTAL MARKET crossing both 20 and 50EMA today, this book and the offline Event have got renewed significance for me.... @Prashant-Shah
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@Umang Gohil Hi, yes book concepts and much more will be discussed in detail in the Pune event. I am excited for the event because I will get opportunity to discuss the subject in the offline event with people.
My full-day offline event after years
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@Arvind Sampath Haha.. looking fwd to meeting you in the event.
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@Prashant-Shah I have planned 101 stock future trades with a strategy that I would design using this book. I will show it to you during the offline event and get your views on it. Looking forward.
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@Prashant-Shah Sir, any plan for more such events in different cities. especially in Delhi
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When we back test given strategies in book on R-Zone, results are not matching. Just want to validate all inputs provided by me are correct in scanner
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Dear Prashant, After watching your momentum videos last year, I started practicing with 20 stock portfolio and was out of the position in September end once GS composite index started out performing Nifty. I have not re entered yet. Meanwhile I attended NL Fundo-Techno Strategies and Momentum investing sessions you and team conducted last month. I was in two minds whether I should buy this book or I had enough information to practice what I learned. Once I started reading this Book all my doubts withered away, such a well written book, it keeps you curious and most importantly nudges you to explore on your own. My favourite section is 'you' and 'me' discussion. Thank you for this wonderful and very thoughtfully written book.
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@RAJA BABU Attend offline conferences of Definedge and try to network and learn and then execute
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@Prashant-Shah Something has been wrong with the Momentum Trading Scanner for some time, and today, something is definitely wrong. Today, I am trying to scan the Nifty 500 group of companies, but the scanner is showing only 210 stocks being scanned. When I am scanning the Nifty 100 group, only 49 stocks are being scanned.
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@RAJA BABU If there is a specific query, I can help.
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@Prashant-Shah Hello Sir, I was trying to deploy a strategy on Momentify but encountered an issue. I set the total allocation to ₹5,00,000 and enabled the SIP amount at ₹20,000. However, upon saving the strategy, the allocation shows 1, and the SIP remains ₹20,000. When I disable the SIP, it correctly reflects the total allocation. Am I missing something or doing something wrong?
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Momentify is a wonderful platform, thank you for developing this.
I have done mutiple simulations to test and learn about Investing Strategy.
Need your help to reduce the losses.
Here's what I am doing :
MIP30 252 period only , within 50% retracement, EMA of 200 and 100 both .. also using Market trend filter with Nifty500 and EMA 20 and rest is all default.For simulation, I am doing SIP of 1 lac, start date 1Jan222 till 28Apr25 and 10 stocks with exit Rank20.
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As per the exported data, I am making a CAGR of 123.15%, but if system could have avoided trading after 1st Oct , this would have been much higher.
Till 01Oct2024 the Total PL is Rs. 3,136,202.. but till 28Apr2025 it is left with Total PL @ Rs. 1340401. = CACR 123.15% -
Out of 98 total traded 26 of them are less than 30-34 days and all are having -ve returns. except 5 days out of 26 which are positive. Net Loss of 1,61,306 (removed last 28days of Apr trades as they did not complete 1 full month)
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Since the rebalancing is happening only on 1st (as per simulation) it is skipping stocks with are below 20EMA during rebalancing period.. example Mazdocks.
If we could somehow exit and re-enter a stock within 1 month (even within rebalancing period) when it goes above 20EMA (example) on a later date , we could have ridden the full momentum of this stock or similar.
Please make some provision to re-enter a stock which was exited in last 1-2 months due to Market Trend filter either a daily monitor/flag/pop-up.. to allow mannual entry. This would help catch the full momentum of a stock. which somehow got kicked out only because, on the date of rebalancing (or around that period), it went out of scope.
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I just saw that there's an option "Add to portfolio" .. but this allows only 1 scrip addition. After 1 scrip is added, the option to add to portfolio disappears. Request you to please allow more additions. This will help in adding stocks which got missed out because on rebalance date, it was below 20EMA(example).. and then 2-3 days later those stocks again continued the momentum.
Also please allow to Sell stocks from the monthly list, to rebalance the allocated funds, or to remove some list before they continue to add losses to the overall portfolio the entire month. -
@Parul Mahajan @Prashant-Shah Yes, i am also facing similar issue when enabling SIP. The allocation only shows 1.
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@@Definedge-Experts @Prashant-Shah I took some positions yesterday using the trading strategy section in momentify however all the positions got squared off automatically at 3:15. Cash margin was not an issue here. Are the trading strategy-initiated trades taken as intraday trades?
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@Prashant-Shah Sir, 1 probable bug :
Inside the Positions help, from the list of stock, when I click edit and Add ä "minus quantity", then the Scrip qty is reducing to 1.
Example : PGEL initial position shows 11 qty.. but when I edit and add -5 (minus 5), the new qty comes down to 1 qty. Even if I edit and add -11 (actual full qty), it still comes down to 1. -
@Prashant-Shah
For the last 1 year I'm not getting any strategy which beat NIFTY CAGR or 7.5%. Is this correct?
I have tried Nifty 500, 252, 50% retracement, Market Trend Filter, Ranking by Return %, Entry Above D Smart, both with RS (N500 Above D Smart) and without RS.
I also Tried on NIFTY TOTAL MARKET, Nifty 100 etc.
Please guide. -
sir in many momentum studies including hagdish and titman last 20 days return shoudnt be included in returns calculation as 20 day momentum is mostly mean reversion kind of thing. theres no option to discard the last 20 days returns. please look into that
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@Prashant-Shah Is there a database of backtest results with different parameters like a dashboard or ready report. Its taking me a very long time to backtest 3 years on 4-5 indices adding a parameter each time like 100EMA, RS, Entry Condition etc. A ready report will immensely help my deployment
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Mr Prashant,
I have started reading your book and also gone through all the video's on Momentum Investing and found it very interesting study, i have also started back testing it and getting very good results.
I am trying to find out back testing result for 4 setups intead of one set up with investment of Rs 20 lacs, each setup will be utlizing Rs 5 lac each
When you will be releaseing video on Momentum Trading.
Just trying to understand whether in this engine is there any scope for incorating SWP model say after 5 years of holding the stratey ? -
If I start with say 10L pf in momentify and later decide to add more money to a running pf, how to do it? This can be either due to market environment or excess cash available for investing.
Also reverse, if I want to take out some money from pf but wants it to continue with a lower corpus? -
@RAJA BABU said in Everything about Momentum Investing & Trading:
I have enrolled pnf course
1 year ago
Still struggling to build a proper setup
DON'T TRY HARD
DON'T MAKE TOO DIFFICULT
DO ONE THING SUMMARISE ALL AND PICK ONE SIMPLE STRATEGY TO START WITH AND TRY IT FOR ATLEAST 6 MONTH'S
GOOD LUCK -
@Parul Mahajan That's fine. Don't worry. You dont need to define allocation while selecting SIP option. We will disable allocation option for SIP.
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@Zach Santhosh We are adding both options. Adding to the existing portfolio and withdrawal.
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@Prashant Shah Sir, what if we need to do an initial lumpsum and then an SIP every month? Are both not possible together?
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@Prashant-Shah Sir During backtesting despite selecting the condition that price should be above a threshold the simulator is still including stocks which are below the selected threshold. Please check this issue.
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@CHAITANYA JOSHI 1. You will have to accept some drawdown. You can’t save an investment portfolio from market corrections beyond a certain point. Outperformance over a 3- 5 years should be the goal. Try removing 100 EMA and replacing 20-EMA filter with 10-EMA. It’ll come at a cost.
2. That’s fine. Try 30% stop-loss.
3. That’s become more of a trading portfolio. You can explore trading section in Momentify. Trading section with new features will be released by coming Friday.
You can add stocks manually in Momentify portfolio. -
@CHAITANYA JOSHI
It will allow you to add stocks upto the total portfolio size. You can manually sell stocks from the portfolio and update the sell price in the holding section. -
@CHAITANYA JOSHI
It is sorted now. You dont need to mention allocation amount when selecting SIP. -
@Anshu Prashar
I don't buy this idea and I dont think it will make much difference in the long run. However, we'll give that option in the Momentify section. -
@Suresh Nagaral
1 - We will add some interesting features in momentum trading section and upload video in next 7 - 10 days.
2 - SWP is in our agenda. We will add that option. -
@Parul Mahajan
Bit complicated. I'd recommend separate portfolios for both. -
@Shubham Mishra Shouldn't happen. Please share details. Will check it asap.
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To all - please post your queries separately instead of writing in this thread. It would be easy for me to track. Thanks.
