Trading triple leverage $NUGT, $DUST, DGAZ, UGAZ. $TNA $TZA. My posts are DICTATED by the charts. I am not suggesting to buy or sell. Trade at your own risk. Always place stops if you don't plan on AVERAGING DOWN. Don't ever use MARGIN.
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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, Full-time trader, Author of The 5 Secrets To Highly Profitable Swing Trading, Crash - How to Protect & Grow Capital during Corrections, The Next Apple and The StockTwits Edge
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