Arthur Porcari is a retired former regional stock brokerage firm President with 38 years stock market experience. His finance background includes, three years a stockbroker and two an investment banker with Merrill Lynch, ten years a Regional brokera
Professional options trader. Mainly day trade options with low risk/high reward entries. Let my winners run. Never get shaken out of a winning trade. All my day trades are called out live in a chat room
Trend trader, mostly options. Gainfully Unemployed. A friend to cats, some dogs & lover of all things 2 wheeled. Avoider of all noise and "gurus". Left handed. Trade with a plan, trade with a system...or plan on giving your money to those that do.
S, L = 15 and 60 week moving averages. Buy if a) P>S>L AND b) Sâ€™, Sâ€™â€™, Lâ€™, Lâ€™â€™ all >0. Define EXIT=(S+L)/2. Sell if c) P<=EXIT OR d) Sâ€™+Lâ€™<0 OR e) $ loss limit reached. Note: condition (d) ensures that EXIT never declines.