Strategy for 2015: Find SOLID companies with HIGH short interest that are BREAKING OUT TO NEW HIGHS (No overhead resistance).
Setups should also have good defined risk zone where I can place a STOP LOSS (to manage risk)
Hedge fund portfolio management, active trader, trading mostly US equity mkt via stocks, ETF & options, following closely syndicate calendar for IPOs & secondary deals. Pattern recognition human. Frenchman. Active in markets for more than 15 years.
Following Elliott Waves fits my trading style. I prefer to buy corrections after what in Elliott terms is called an impulsive rally speculating on the possibility of market to continue in the direction of the impulsive move.
Trading the stock market for more than 20 years using technical analysis. Mostly swing trade and position trade. For live commentary and chart postings during US trading hours, follow me at twitter @smtraderCA
Day Trading: Realistic expectations must be established understanding that consistent profits will add up over the long term. Having the discipline to stick to your strategy is key. Compounding 5-10% returns several times a week will amass wealth.
Former NYSE Floor Traders offering Premium REAL TIME trade alerts & technical analysis on equities, made in our own accounts & sent to members in real time
"Choose a job you love, and you will never have to work a day in your life"