Learning fast and never loved any other job so much in my life !!
I like to use charts to plan my trades but can't ignore global news since they have power to change the directions of those moving candles on the chart!!
Can I make a living at this? Now learning options, hopefully better for capital leverage. Using short term Deep ITM Options now. Long term ATM. A fan of SPY, IWM, VXX, AAPL, GILD. I watch macro data, events while using techical charting for signals.
I'm a New York attorney devoted to representing stockholders in cases against corporations, directors and brokers.
Messages are for informational purposes only, are not legal advice nor intended as solicitations.
Former OptionsXpress Chief of Technology, providing daily stock and options picks with entry and exit points. Recommended by Barron's. Picks based on a quantitative trading system built upon statistical analysis. Try us for Free today.
Been investing for about 25 years. Took a break in 2000, lost my ass....lool...got back in about 2005 and now trading for the pullback. More mutual funds and defensive stocks.
Update 10/20/14: Looking for bottom on conformation. Buying on dips.
The usual. I trade nickels for dimes, sometimes.
I find bottoms and buy with no doubts. I sell early and book my gains.
Author of Introduction To Lines Of Force, a method of modeling forces acting on price over time, particularly after a peak.