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-.
Mainly a swing trader. Don't usually day trade. I trade primarily 3XETF's and will hold them as long as I see a general uptrend. I dont usually trade TZA, FAZ or UVXY, unless its a no brainer. I will go to cash and sit in times of uncertainty.
Jamie Saettele, CMT has been an active trader for 8 years, and is currently Senior Technical Strategist at Forex Capital Markets in New York and author of Sentiment in the Forex Market (Wiley Trading).
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.