2 point How to trade the traditional momentum strategy in the most accurate way? Suppose today is month t and you can only buy stocks like AQR but not short sell stocks. Buy stocks with low returns over the past 3 to 5 years Buy stocks with high returns in month 1-1. Buy stocks with high retums over the months of 1-2 to 1-12 Buy stocks with high retums over the months of 1-1 to 1-12