Contrarian investor, my system is to bet in HIGH RISK huge reward stocks buy go against horde...! WARNING: You might lose or win lots of cash. Best of breed bullshit detector. If you like my suggestions add me as a friend.
Former prop trader, current hedge fund analyst, full time student of the markets. Technical, fundamental, global-macro. Comments reflect personal views and not those of any organization I am associated with
Lookout for my book "$100,000 is the Hardest Hill to Climb" coming soon!
When you enter a long position, consider fundamentally sound companies, if short, then highly levered. Your odds will be much better at winning trades.
I only buy stocks that are ready to potentially move soon with tight Stop. I will take small loss quickly when it return back under the trend line or breakout point. http://treenhome.blogspot.com/2013/12/my-stock-trading-is-simple.html
Never trust a trader who uses the terms 'oversold' and 'overbought'. They are referring to positions that they are in deep under water. Without question.
"Fear will get you out of trouble. Hope will put you right back in it."