I'm a prop trader who mostly trades breakout patterns and momentum. I will either scalp, scale in intra-day, or will build a position for days anticipating a big move. Love volume. Love under $20 stocks.
I only buy stocks that are ready to potentially move soon with tight Stop. I will take small loss quickly when it return back under the trend line or breakout point. http://treenhome.blogspot.com/2013/12/my-stock-trading-is-simple.html
Robert Alexander, better known as ‘Alex’ in trading forums, has been a full time trader for over a decade. Focusing on breakouts and volume, developing a unique view of charting that has served him extremely well.
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.