Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
Saturday, February 6, 2010
About me (Part 1 of 3)
I am a small time swing trader from St. Vincent and the Grenadines with dreams of becoming a hedge fund manager some day. I have been researching the markets and trading on and off since August of 2007. My trading style has always been a variation of CANSLIM. However, I use tighter stops and hold for swing trades as opposed to position trades and I give greatest weight to sector momentum and comparative strenght during stock selection. For instance, right now I am focused on small cap chinese stocks as they are in powerful up trends and are holding up better than most other stocks during the current correction. This was just a brief introduction of my self and trading style. I will further expand in parts 2 and 3.
Subscribe to:
Post Comments (Atom)
MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
-
I moved up my stop loss order on APKT from $26.00 to $27.00. Although APKT could still work, I do not like the persistent weakness I am seei...
-
I am of the belief that the markets will move higher over the course of the next 4-6 weeks. However, beyond that I am not very confident in ...
-
These three stocks are currently breaking down from stage three topping patterns. All three recently announced earnings disappointments a...
No comments:
Post a Comment