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The worst thing that can happen to a beginner momentum trader is to get information overload. It's better to go step by step, and test a simple stock trading strategy that can show you how to focus on concrete ways to make money and pick better hot stock trading opportunities once at a time.
Fortunatly there are great sites on web today that can show you how to trade in a sharp and effective way. One of those sites is Smart Day Trading http://www.SmartDayTrading.com
In end, momentum trading is all about buying and selling stocks according to your knowledge FILTER. Once you master and follow your proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.
Find out how to do it with ease and simplicity at Smart Day Trading.
Tod Valenti is a day trader focusing on US markets since 1986. He helps people become confident and practical momentum traders, showing them how to choose stocks with ease and simplicity every day at http://www.SmartDayTrading.com