A couple months ago a trader named IrishBornInvestor joined the Overnight Momentum Discord.
What made it interesting is that he was already trading the strategy on his own.
A friend recommended the Discord to him because it was one of the few communities focused specifically on overnight momentum. Stocks closing strong into the final part of the trading day often continue moving overnight, especially when there is elevated volume and a catalyst.
After joining, he shared the spreadsheet where he tracks every trade he takes.
Since starting the strategy he is up 654% compounded.
Not a screenshot of one lucky trade and not a single good month. Every trade is logged with entries, exits, returns, and notes.
So far the results include:
27 trades
63% win rate
3.6 risk reward
9.7% expectancy per trade
6.12 profit factor
Some of the winners include names like EVTV (+27%), IBRX (+25%), RIME (+58%), AAOI (+10%), and FIGR (+7%). There are losses as well, but the winners are much larger than the losers, which is why the strategy compounds quickly when executed consistently.
What stands out most is the documentation. Every trade includes notes about what happened and whether the setup actually met his criteria. That type of tracking is how traders improve because patterns become obvious over time.
IrishBornInvestor also shared the Finviz layout he uses to find overnight momentum candidates. The scan focuses on stocks with strong relative volume, meaningful daily moves, higher short interest, stocks closing strong, and floats under 100 million shares. These filters help surface stocks that are seeing real participation during the day and may continue moving after the close.
In addition to trading, he also writes a morning newsletter called Stocks in Play, where he highlights stocks moving in the pre market and potential momentum setups for the day.
He also shared the Google Sheet template he uses to track his trades, which anyone can download and use for their own trading journal.
Even if you do not trade overnight momentum, having a structured trading journal like this can dramatically improve your process. The more data you collect on your own trades, the easier it becomes to refine a strategy and remove mistakes.
It has been great seeing traders like IrishBornInvestor independently discover the strategy and then join the community. When traders share data, scanners, and journals with each other, everyone gets better faster.