My education cost me $2mm. Let me save you from my mistakes. 1. Breakouts have a consistent set of patterns. 2. Respect price and volume confirmations. 3. Moving averages are important guide posts. 4. Institutional volume is what makes a stock move.
Read the Reminiscences of a Stock Operator before talking to me. My twits are my and my dog (RIP Nov. 2015) opinions, not advice. I am often wrong and I love it. PS: I DO NOT short single stocks and I do not answer 3x ETFs questions.
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-.