Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. and the Senior Editor of Allstarcharts.com. He Earned the Chartered Market Technician designation (CMT) and is a member of the Market Technicians Association.
I do one thing and I do it very well; precise Fibonacci entry levels on any futures contract,equity or option.
Lover of the blues; Muddy, Howlin, BB, Lightin', Buddy, KWS ..
Stay humble or the market will humble you.
Mercenary Trader: Timely market commentary, valuable resources for current and aspiring traders, awesome interviews and free special reports, high quality materials on the psychology, theory and practice of trading, and more.
I am a systems, rules based, long term trader & teacher. I go out of my way to avoid noise, while managing risk. I view the market via WEEKLY bars. A careful examination of my list of losing and winning trades tells the complete story.
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Trend follower, portfolio manager, market technician. Former sales trader to hedge funds/institutions, research analyst, prop trader, buy-side head of desk. Only took 25 years to find what works for me. Always learning.