Charting--learn charting/$ mgmt, it works--no GUESSING, no more FUNDIES, All analysts and idiots IGNORED. Haven't looked at a cash flow, P&L, balance sheet in several YEARS. Be a machine, flush emotions, use EYES NOT BRAIN, brain will ruin you here.
Lapsed Pediatric Dentist happily trading & earning. Author of Option to Profit, previously blogged at TheAcsMan.com now morphed into subscription site OptionToProfit.com Every Tweet is for the sole purpose of making money. Ass or grass, everyone pays
Market technician, analyst and trader with over 25 years experience in global equity, forex and futures markets. Former sales trader to hedge funds/institutions, research analyst, prop trader, buy-side head of desk. Grass looks greener here.
Started daytrading momo in 1997 got humbled in 2000 Hired at WON in 2000 learned CAN SLIM Quit WON in 2005 to trade prop at Assent rode the mega-leveraged daytrading humbled in 2009 Retail 4*1 since 2011 in between I had 2 girls too
Expose yourself to quality setups and you can make money in any market. Be early to locate relative strength, then exit when things get heated. Shorts are also okay. Find weak stocks and position yourself for continuation.
Canslim style, You only learn thru experience. Mkt is like poker/chess. Know the hand your dealt and manage risk accordingly. Try to think a few moves ahead, not like a pawn. Everyday in mkt doesn't matter. Know which ones do. 99% daytraders lose