My advice for people who haven't been trained or gifted in finance, is to carefully choose a few hyped up companies that regularly receive attention. Learn it's patterns before deciding to invest. Spontaneity is statistically more likely to fail.
I'm a Due-Diligence(DD) Fanatic. I NEVER EVER trade a position without serious DD. It all starts and ends with a call to Investor Relations(IR).
I take tremendous pride in finding things out about companies that others are afraid to ask...;)
I'm a trader who avoids the noise, manages risk, using weekly bars. I offer no predictions, only serious long term trades. What else is there?
A careful examination of my list of losing and winning trades tells the complete story.
I am breaking all the diversification rules right now by keeping almost 90% of my money in AIG. I used to hold ARR or AGNC, but I have switched to AIG in Sept 2012.
Portfolio contents at 12/31/2013
AIG (92%) BAC(4%) BRK.B(2%), AGNC (2%) ARR(1.5%)
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 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.