I'm trying to be a swing trader. I've lost money in the past by holding on to losers. Lately I always cut losses below 5% and aim for 10%+ gains. I sometimes miss out on winners, but I'm in the black now and feel I'm making good progress.
Can I make a living at this? Verdict still out. Now learning options, hopefully better for capital and profit protection. Plus, like the leverage it offers. Using short term Deep ITM Options now. Long term ATM too. A fan of AAL and GOOGL
I like to find undervalued turnaround stories that are still in the 1st or 2nd inning. I listen to the conference calls, read the quarterly earnings, and sift through the numbers (I value both fundies and technicals, as well).