PREMIUM FREE TRIAL LIVE_Service / www.Clueless8.com / E:email@example.com
Disclaimer: TAOD = Trade at your Own Discretion>
All Opinions stated are solely mine & not affiliated with any Business/Financial Entity.
Momentum trader obsessed with risk management and always playing good defense. Former hedge fund manager, prop trader, 15+ years of market experience. Have MBA in Finance from NYU but do NOT believe that markets are efficient.
The pic is 23 yrs old but I am a 42 yr old part-time swing trader. Price action, volume and chart patterns is all I got in my tool bag. Please don't follow me blindly. Avg yearly return rate the last 6 yrs: 45% including 2014.
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.
Look at the Level 2. Trade Smart and Trade Simple. There will be only one opportunity to correct a wrong trade. Make small gain and move on. Be prepared to exit a bad entry.
Over the last 5+ years, through much trial & error, I have honed in on a trading system using simple supply/demand principles paired with trend line and gap analysis. I steer clear of most indicators, candlestick analysis, and moving averages.
Trading triple leverage $TNA, $TZA, $UVXY, $XIV, $NUGT, $DUST, $JDST, $JNUG. No options trading here. My posts are based on what I see on the charts. I am not suggesting to buy or sell. Trade at your own risk.