Canslim style, You only learn thru experience. Mkt is like poker/chess. Know the hand your dealt and manage risk accordingly. Try to think a few moves ahead, not like a pawn. Everyday in mkt doesn't matter. Know which ones do. 99% daytraders lose
Please do NOT follow the trades I do. My strategies for buying/selling will most likely be different than yours. Get the right education if you feel you need it. Let's not guess directions and/or try to pick the "tops/bottoms" but trade smart!
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
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Started daytrading momo in 1997 got humbled in 2000 Hired at WON in 2000 learned CAN SLIM Quit WON in 2005 to trade prop at Assent rode the mega-leveraged daytrading humbled in 2009 Retail 4*1 since 2011 in between I had 2 girls too
Novice trader who has a passion for the markets. Eventually I would love to do this for a living and trade my way to financial freedom! I'm a sponge, trying to soak up advice from who ever will share.