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.
Privately held Vancouver, BC, Corporation, founded in 1989 to provide public company administrative management services to precious and base metal exploration and development companies, all listed and traded on the TSX Venture Exchange.
I've been trading for about 12 years. I mostly trade pullbacks and enter the trade at the reversal with a trendline breakout. I also trade flatline breakouts, and triangles are another favorite! I prefer $2-10 stocks.
In a December 1997 issue of Barron's, a Merrill Lynch poll found that the top strategy among 122 institutions surveyed was to buy stocks of companies that exceed earnings expectations and sell the companies that fall short.
Mohammed Isah is a technical strategist and head of research at FXTechstrategy.com, a technical-research web site. He has been trading and analyzing the foreign exchange market for the past seven years.