Trading since 1998 and part of the SOES bandits. Keep things simple and ~~LET PATIENCE AND DISCIPLINE CREATE YOUR LUCK.~~~ I am mainly a breakout trader, looking for momentum in high beta options with a short holding period.
Experience: - Founder of WinningPortfolio.com - Performance Marketer for eHarmony & True.com - Marketing consultant for SocialCord - Founded performance based network. (IncentPath) - Developed iPhone App :Steal This! - Moderator at Alibaba.com
S, L = 15 and 60 week moving averages. Buy if a) P>S>L AND b) S’, S’’, L’, L’’ all >0. Define EXIT=(S+L)/2. Sell if c) P<=EXIT OR d) S’+L’<0 OR e) $ loss limit reached. Note: condition (d) ensures that EXIT never declines.