I'm trying to be a swing trader. I've lost money in the past by holding on to losers. Lately I always cut losses below 5% and aim for 10%+ gains. I sometimes miss out on winners, but I'm in the black now and feel I'm making good progress.
Carol - seeking profit opportunities in both rising & falling markets, tho I prefer the bull side. Founder of a non-profit German Shepherd Rescue and VP of The Seminar Group. I trade using pocket pivots & O'Neil's CANSLIM methods.
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.
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.