I am a 42 yr old former IBD trader. Price action, volume and chart patterns is all I got in my tool bag. I am a smart ass but very sensitive. Go figure. Please don't follow me blindly. Avg yearly return rate the last 6 yrs: 51% including 2014.
"They call me money tree". West coast swing/position investor with a long bias. 50/50 fund/tech analysis. Love momos,solving puzzles,finding patterns. My charts are simple but very effective. Always do your DD. I'm not your financial advisor :-)
Learn charting, it works-period. But it takes time and practice, EVERY DAY. Stop looking for E.Z. answers. The only place success comes before work is in the dictionary. And what I do here I do for FREE. Remember that. Or go pay some genius.
Look at the Level 2. Trade Smart and Trade Simple. Plan the trade, trade the plan
There will be only one opportunity to correct a wrong trade. Make small gain and move on.
Double Tops & Bottoms a specialty trading like a Dolphin off the wakes of the ships at sea , BASSAR (buy at support/sell at resistance) the overbought & the oversold are always out there . Double tops & Double bottoms a specialty !
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.
With a rich experience of more than 19 years in US markets, Jay Somaney leads the team traders/technicians at stockuverse.com. You can follow his trading ideas & strategies with specific entry points & exit points in detail in chat room.
Contrarian investor, my system is to bet in HIGH RISK huge reward stocks buy go against horde...! WARNING: You might lose or win lots of cash. Best of breed bullshit detector. If you like my suggestions add me as a friend