I am a 42 yr old part-time swing trader. Price action, volume and chart patterns is all I got in my tool bag. Please don't follow me blindly. Avg yearly return rate the last 6 yrs: 43.5% 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 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.
Our mission is to help new and struggling day traders, swing traders and long term investors achieve sustainable success.
Success in trading and investing can't be achieved without core fundamental strategies.
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.