I enjoy reading the tape for what it says. Price, volume, and time are the only variables that matter. Indicators like RSI, MACD, Stochastic Oscillators, Bollinger Bands are based on past price action and are therefore lagging and often misleading
Trading coach, stock index trader, author, blogger, five kids, six grandkids, and four rescue cats. I have a special interest in the integration of quantitative and discretionary approaches to trading.
I'm a Big Gain Hunter. I go for pure momentum. I target powerful breakouts. I've opened up my trade journal to show how I do it. It explains my entries. My wins, my losses.
Education of a Speculator:
Joshua "MauiTrader" Hayes is CEO, president and founder of Big Wave Trading Inc., a Maui, Hawaii-based stock market advisory service. Hayes has been/is a contributor to Telechart as Sir Aloha, Realmoney.com, SeekingAlpha.com
WSC provides unique Financial Market research and analysis including Indexes, Stocks, ETFs, Currencies and Commodities. We are working to build a smarter consensus.
Ideas & Analysis are personal opinion and not investment advice.