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.
I am a short term technical trader, here to learn, share and observe. I read Investors Business Daily every day and then go out and trade high risk, fast moving, crappy stocks because I like the action. Don't follow me, I don't even follow myself.
MD/Research Scientist.Newbie on Stocks.Just invest small hard earned money to be able to pay mortgage.My profile picture is from Hagar the Horrible:"Luck Eddie:The ironically-named "Lucky"Eddie in fact,so unlucky he can be crushed by a stray rainbow!