I am a 42 yr old part-time swing trader. Price action, volume and chart patterns is all I got in my tool bag. Please don't follow me blindly. Avg yearly return rate the last 6 yrs: 43.5% including 2014.
West coast swing/position investor with a long bias. Clueless8 disciple. 50/50 fund/tech analysis. Love momos,solving puzzles,finding patterns. My charts are simple but very effective. Always do your DD. I ain't 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. There will be only one opportunity to correct a wrong trade. Make small gain and move on. Be prepared to exit a bad entry.
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.