Value investor turned technical trader: I follow momentum along support/resistance lines and try to leverage gains through options, mostly weeklies. Keep a sensible allocation of money in metals, mostly modern Chinese coins. Am allergic to debt.
Invested $1M in May 2009, portfolio now $6.5M~.
Received $1M inheritance, bought high quality "Brand-like" U.S. Companies with a long term outlook. Learning to hedge portfolio by selling $SPY. Trade high risk/reward option setups in cash account.
Long-term-trader who since ’89 avoids noise, manages risk, trades price trends, welcomes breakouts & follows mostly WEEKLY Charts — not crowds; Less commentary, no predictions, more trades.
im 35. used to b stockbroker. have dversified portfolio, of all timeframes, disciplines, sectors & markets. intra-day, i play textbook & higest-quality technical & fundamental set-ups. i look for 3:1 Risk/Reward. stocks $10+, 500k+ daily volume.
Day Trading Rules:
BUY:PPS closes abv 50SMA on all time frames down to 5min. Caution when longer time frames not above 50SMA. SELL:PPS closes below 50SMA on 5min chart. TRENDS:
50SMA abv 20SMA on 5min=BULL. 20SMA abv 50SMA on 5min=BEAR
Steve Gomez lives in San Diego. He co-founded TodayTrader.com along with Andy Lindloff. Steve and Andy collaborate daily to use TodayTrader as a Lead Trader account for Dittotrade and our subscribers.