Was a very active, successful trader. Serious injury with no insurance drained my savings. Got married. My incredibly smart wife suggested that I stop talking to the TV on how to trade and to use my knowledge instead to help others. So, here I am.
Lookout for my book "$100,000 is the Hardest Hill to Climb" coming soon!
When you enter a long position, consider fundamentally sound companies, if short, then highly levered. Your odds will be much better at winning trades.
I only buy stocks that are ready to potentially move soon with tight Stop. I will take small loss quickly when it return back under the trend line or breakout point. http://treenhome.blogspot.com/2013/12/my-stock-trading-is-simple.html
Tom Lloyd has over 25 years experience charting stocks and the market using proprietary charts or plain vanilla charts. He has an MBA in Accounting. Articles on Marketwatch.com. His book "Successful Stock Signals" at StockCharts.com bookstore.