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.
Trend Trading with Multiple Time Frames. ((Price)) is the True indicator, VWAP, MACD, Volume and TA can always help. Charts are good to set Targets, But ((Price)) only pays. So be flexible that charts can change patterns.
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.
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.
Welcome to StockTwits, home of the human ticker, real time pulse of markets, and sentiment machine. Use StockTwits to follow your favorite stock, investor or trader and dive deep into open analysis and debate.
Full-time investor/researcher. More info: http://seekingalpha.com/author/dag1996
My 2013 portfolio +52% from 25 stocks, and 2014 portfolio +19% from 25 stocks (performance excludes dividends).
My Twitter ID: DAG_1996
I twits real time to buy stocks that are ready to potentially move soon with tight Stop. I will take small loss quickly when it return back under the trend line or breakout point http://treenhome.blogspot.com/2013/12/my-stock-trading-is-simple.html