I trade based on logical future outlook for companies and watch anticipated news releases pertaining to the company very closely. Logic and reason always win. Don't work for your money, put your money to work for you. Follow the snake.
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
I am a self made day-trader/swing trader who started with only $2,000. After making a small fortune playing penny stock pump and dumps I now trade options exclusively...Circling the waters...Waiting.....
Discounted Cash Flow (DCF) is the best method to valuate stocks. Future cash flow is discounted to the present day. P/E ratio only shows PAST performance. Some use forward P/E ratio however it is incorrect. The correct method is DCF.
Retired Young...Basically,just the lucky sperm that swam the fastest.:)
I trade/Invest because I love it,not because I need it.At this point,money is just a way to,"Keep Score".The things,"I don't know"far outnumber the things I do know.
Joshua "MauiTrader" Hayes is CEO, president and founder of Big Wave Trading Inc., a Maui, Hawaii-based stock market advisory service. Hayes has been/is a contributor to Telechart as Sir Aloha, Realmoney.com, SeekingAlpha.com