S, L = 15 and 60 week moving averages. Buy if a) P>S>L AND b) Sâ€™, Sâ€™â€™, Lâ€™, Lâ€™â€™ all >0. Define EXIT=(S+L)/2. Sell if c) P<=EXIT OR d) Sâ€™+Lâ€™<0 OR e) $ loss limit reached. Note: condition (d) ensures that EXIT never declines.
Ex advertising exec, wrote TV commercials for major agencies New York City, spec scripts for NBC and FOX in Los Angeles. Currently collaborating on music/lyrics for a CD, and publishing a book of short stories.
Mostly a position trader around core.
A work in progress, trader for 25 yrs. thru brokers (remember those) past 5 yrs. full time scalp,swing and now options picked up bits pieces from some great traders on ST since 09 what a great resource! Thanks
Market technician, analyst and trader with over 25 years experience in global equity, forex and futures markets. Former sales trader to hedge funds/institutions, research analyst, prop trader, buy-side head of desk. Grass looks greener here.
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).