I manage risk. A funny thing has happened along my journey: I don't care when I'm wrong anymore.. I simply bail as fast as possible. Controlled, selective and dynamic AGGRESSION is my key to $$$! Please know I DROP LOSING positions IMMEDIATELY.
Professional Trader and Mentor. Specializing intra-day moves on the Gold, Crude, Euro and E-Minis. I run a live trade room, opens @ 8:00am EST each day M-F. 800.381.2084 Skype: SchoolOfTrade
Discounted Cash Flow (DCF) is the best method to valuate stocks. Future cash flow is discounted to the present day. P/E ratio only shows PAST performance. Some use forward P/E ratio however it is incorrect. The correct method is DCF.