The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. Jesse Livermore,Â
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. and the Senior Editor of Allstarcharts.com. He Earned the Chartered Market Technician designation (CMT) and is a member of the Market Technicians Association.
Trendfollower trader (independent), senior contributor for TheStreet.com & Stockpickr.com. Chart reading junkie. Pattern recognition chart player. Day/swing trader. Love small caps. Give me a catalyst! Follow me on TWITTER for all posts @zerosum24
Penn State Econ major~Scholar of Behavioral Finance & 30yr mkt trader~Proponent of the notion that psychology & emotion recurrently contest the efficient market hypothesis*DISCLAIMER:NEVER trade any security based on my opinions~Live Life~Smile Often
I believe the working person should have the same chances as a full time trader; to sit back and make a passive income. With anything in life less is more, I believe you do not need to micromanage your position if you have proper risk management.
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 play technical & momentum swing plays & BOs with options. I always look for a great short squeeze. I'm NOT smarter than you. Inside joke only. Model S owner. Model X on order. Both paid for by TSLA calls from $40.00 and higher. Married 2 GILD.