What I do is to determine without emotions major turning points and strong trends of major assets that include global indices, equity sector classes, high liquidity stocks, debts & fixed income, commodities and currencies.
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-.
im 37. used to b stockbroker. have dversified portfolio all timeframes, disciplines, sectors & markets. i play textbook & hig-quality technical & fundamental set-ups. i look for 3:1 Risk/Reward. prefer stocks $10+, 500k+ daily volume. i mentor free!!