Swing and position trader. Portfolio manager. Market technician. Former long/short hedge fund manager and prop trader. 20 years of market experience. You cannot succeed in this business without understanding and embracing risk. Opinions are my own.
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.
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: 43.5% including 2014.
Expose yourself to quality setups and you can make money in any market. Be early to locate relative strength, then exit when things get heated. Shorts are also okay. Find weak stocks and position yourself for continuation.
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.