Studied finance at Bentley University Started investing and trading in 1996. Best investment TNT (Tatneft got in at $1 sold for $135) Since then my holding firm has increased its capital more than 20 times.
Vice President for the American Association of Individual Investors and AAII Journal Editor. Speaker, WSJ Expert Panelist, regular guest on Your MoneyLife (@MoneyLifeShow), author of Better Good than Lucky, and KU alum.
I take positions where I see a 5-10 point gain in the near term. I move quickly and cut losses fast. 7% loss is general rule. 25% gain is general target. Contrarian sometimes-Trender sometimes. Take what the market gives. Always learning.
Dave Fry is founder and publisher of ETF Digest, contributor to MarketWatch and best selling author of Create Your Own ETF Hedge Fund, A DIY Strategy for Private Wealth Management published by Wiley Finance in 2008.
â€œThe naive believe everything, but a wise man looks well into a matter.â€ -King Soloman *Proverbs 14:15* I've been trading stocks and commodities for a couple years now. I also sell cars and can deliver to any state in America.
After 20 years of reviewing every stock in the S & P every night, my work is based on the premises of full time frame contiuity and the belief that vehicles trade in a continuing series of broadening formations.