Robinhood Couple in Viral TikTok Discover Momentum Trading
- TikTok couple Chad and Jenny claim 2,000% returns in a month
- Momentum a winning stock strategy for novices and pros alike
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Buy when a stock keeps going up. Sell when it keeps going down.
To quantitative investors, it’s dubbed the “momentum” 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.