Bottom up and top down. I like pocket pivots, breakouts and continuation patterns on market leaders -- IBD50 & CANSLIM names.
I think the market *can* be timed by trading with cycles.
Getting better is about reducing mistakes.
I invest my own money. I have learned and continue to learn everything I know about investing from the social web. I'm here to share ideas, keep track of my ideas, and to make new connections.
Rule-based discretionary trader w 15 years experience. Love your R-multiple, use worst-case scenario stops, and only buy enough so you still sleep at night. "If the Big Boys want it then I want it." If you watch prices all day then you own too much.
I first started trend following 18 years ago. I wanted to know who was succeeding and what they were doing. My broker told me the most successful client of his company was a dentist who trend followed.
I am one those rare dying breeds called the retail investor. Have a reg. job that I enjoy very much. Long term investor w/ 6 mo--1 yr. horizion. Use IBD as a starting point and guide and other resources.
“Chartjunk refers to all visual elements in charts and graphs that are not necessary to comprehend the information represented on the graph, or that distract the viewer from this information.“ as defined by Wikipedia and Edward R. Tufte
Investing part-time will help lead to wealth accumulation and financial freedom. That's why I do it and aspire to help others do the same. I follow the CAN SLIM methodology.
Also follow me on Twitter: @MichaelGLamothe