I am a 42 yr old former IBD trader. Price action, volume and chart patterns is all I got in my tool bag. I am a smart ass but very sensitive. Go figure. Please don't follow me blindly. Avg yearly return rate the last 6 yrs: 51% including 2014.
Learn charting, it works-period. But it takes time and practice, EVERY DAY. Stop looking for E.Z. answers. The only place success comes before work is in the dictionary. And what I do here I do for FREE. Remember that. Or go pay some genius.
I'm Steven Chase, battle-tested trader/investor since 1996. Managing Partner Rosemarkie Capital Partners, managed a Barron's recognized small cap newsletter. By day, a Director of Software Engineering at a firm in Northern VA.
70% Options Trader and 30% Swing trader. Here to share ideas and meet some great people.
My favorite strategies.
1. Throw hope out the window and trade to a plan.
2. Follow the volume in and follow the volume out.
3. Respect stops.