I manage risk. A funny thing has happened along my journey: I don't care when I'm wrong anymore.. I simply bail as fast as possible. Controlled, selective and dynamic AGGRESSION is my key to $$$! Please know I DROP LOSING positions IMMEDIATELY.
Partner at JLFMI, RIA & founder of My401kPro.com I Long-Term Growth Through Active Risk-Mgmt l Original YahooFinance Contributor: jlfmi.tumblr.com l Husband, Father of 3 (oldest is 4)
Wharton/Penn FB l
Posts≠recommendation to buy or sell anything
Mainly a swing trader. Don't usually day trade. I trade primarily 3XETF's and will hold them as long as I see a general uptrend. I dont usually trade TZA, FAZ or UVXY, unless its a no brainer. I will go to cash and sit in times of uncertainty.