I use tight stops, which I adjust daily. I let winners run, but take half off when my goals hit. I only trade from my watch list and if technicals are right. I try to avoid buying when overbought or outside channel.
I've learned the hard way...
Trend follower, portfolio manager, market technician. Former sales trader to hedge funds/institutions, research analyst, prop trader, buy-side head of desk. Only took 25 years to find what works for me. Always learning.
Mathematics is the language of nature. Everything around us can be represented and understood through numbers. If you graph the numbers of any system, patterns emerge. Therefore, there are patterns everywhere in nature.
I am an professional equities and options trader with 10+ years of experience. With my background in Math and Comp Sci, I develop, write and test my own indicators and trading systems. My opinions are just that, opinions.
Disclosure : These are just our ideas and opinion. We may or may not have positions in the stocks mentioned. No statement provided herein should be construed as a recommendation to buy or sell any security or to provide any investment advice.
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Disclaimer: TAOD = Trade at your Own Discretion>
All Opinions stated are solely mine & not affiliated with any Business/Financial Entity. No Financial Advice /Solicitation