I'm in it to make money. Not a bear, not a bull. More fun in bear plays, more money more often in bull plays. The news is interesting, but never trade it. Price is funny and highly deceptive. Patience is my weakness - I'm better when I have it.
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.
Michael Boutros is a Trader / Currency Strategist specializing in FX markets with years of experience on FX Trade Desks. Currently, Michael is a Currency Strategist with DailyFX. Risk Disclaimer: http://goo.gl/CR5SFz
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. and the Senior Editor of Allstarcharts.com. He Earned the Chartered Market Technician designation (CMT) and is a member of the Market Technicians Association.