trend follower (mainly monthly entries/exits)...hunt big trends...mma, working out...best advice i've gleaned..."an opinion is not a position; a position is not an opinion", @peterlbrandt (5/3/11 in a blog post)
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-.
Veteran trader, CIO of Waverly Advisors, and author of The Art and Science of Technical Analysis (2012). Perspectives on financial markets, the process of learning to trade, risk, peak performance, and life.
I'm a Big Gain Hunter. I go for pure momentum. I target powerful breakouts. I've opened up my trade journal to show how I do it. It explains my entries. My wins, my losses.
Education of a Speculator:
buy 52 highs sell 52 lows set a stop/trailing stop SIMPLE. I dont give a *UCK about your opinion got it? I trade my plan, my rules & *UCK what YOU think. :) I only care to be right by the market & *UCK :YOU. oh & thank u Mr Jesse Livermore!