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-.
You can find a moving average of arbitrary type (simple, exponential, weighted, etc) and length to support your position. Moving averages should only be used to determine trends, not support & resistance
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.
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