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-.
I first started trend following 18 years ago. I wanted to know who was succeeding and what they were doing. My broker told me the most successful client of his company was a dentist who trend followed.
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Penn State Econ major~Scholar of Behavioral Finance & 30yr mkt trader~Proponent of the notion that psychology & emotion recurrently contest the efficient market hypothesis*DISCLAIMER:NEVER trade any security based on my opinions~Live Life~Smile Often
I momentum trade Elliott Wave setups in high betas using open range breakout triggers trades to minimize risk and maximize reward. All entries and exits are programmed into an algo for perfect execution of my rules.
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.
Fundamental & technical trader. This is the personal Twitter account of Becky Hiu and isn't connected in any way to a professional designation or vocation. Opinions are my own. Trade at your own discretion.
Head of Community Development @ StockTwits. Evangelizing Social Communications for Investors, Traders, & Public Companies. Independent Trader. Former Chicago Board of Trade Member. Long Optimism. Hiking Enthusiast. Not in Chicago anymore.