Trading triple leverage $TNA, $TZA, $UVXY, $XIV, $NUGT, $DUST, $JDST, $JNUG. No options trading here. My posts are based on what I see on the charts. I am not suggesting to buy or sell. Trade at your own risk.
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-.
I enjoy reading the tape for what it says. Price, volume, and time are the only variables that matter. Indicators like RSI, MACD, Stochastic Oscillators, Bollinger Bands are based on past price action and are therefore lagging and often misleading
Energy Trading / NG3 DGAZ UGAZ GASX GASL and Many More!
"Do not worry about your difficulties in Mathematics. I can assure you mine are still greater. Albert Einstein"
No suggesting to buy or sell. Trade at your own risk.
Founder of SocialLeverage50.com, Author of The Next Apple - How To Own the Best Performing Stocks In Any Given Year, The 5 Secrets To Highly Profitable Swing Trading and The StockTwits Edge - 40 Actionable Setups from Real Market Pros
Trading coach, stock index trader, author, blogger, five kids, six grandkids, and four rescue cats. I have a special interest in the integration of quantitative and discretionary approaches to trading.
Greywolf's Chief Technical Analyst, more than 20 years of buy and sell-side experience; Formerly w/ Diamondback, Morgan Stanley, & CBOE Equity options floor trader- Frequent commentator on CNBC, FOX Bus, Bloomberg, BNN- Opinions are my own