I take positions where I see a 5-10 point gain in the near term. I move quickly and cut losses fast. 7% loss is general rule. 25% gain is general target. Contrarian sometimes-Trender sometimes. Take what the market gives. Always learning.
Options trader & investor with focus on high Beta & momo stocks.
Current focus on high Beta investing-ITM/OTM spreads, LEAPS and selling various option structures for premium.
Swing Trading, premium selling.
Full-Time Trader, Part-Time Investor. I like to Trade Sm/Med Cap's. Swing/Hold Med+ (in Trending Mkt's). Regardless of one's Time Horizon it's Essential to Develop a System that Adds to Winners while also Taking Profits along the way