Penn State Econ major~Scholar of Behavioral Finance & 30yr mkt trader~Proponent of the notion that psychology & emotion recurrently contest the efficient market hypothesis*DISCLAIMER:NEVER trade any security based on my opinions~Live Life~Smile Often
Primary interest is Bio with intriguing pipelines that have large growth potential. I attempt to hold >50% of positions as long unless negative data, mgmt. concerns, or known negative events. Diversify and only trade in spec what you can lose.
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.")
Experience: - Founder of WinningPortfolio.com - Performance Marketer for eHarmony & True.com - Marketing consultant for SocialCord - Founded performance based network. (IncentPath) - Developed iPhone App :Steal This! - Moderator at Alibaba.com
Invested $1M in May 2009, portfolio now $7.6M~.
Received $1M inheritance, bought high quality "Brand-like" U.S. Companies with a long term outlook. Learning to hedge portfolio by selling $SPY. Trade high risk/reward option setups in cash account.
70% Options Trader and 30% Swing trader. Here to share ideas and meet some great people.
My favorite strategies.
1. Throw hope out the window and trade to a plan.
2. Follow the volume in and follow the volume out.
3. Respect stops.