I have been trading in the markets since the 90's. I'm the owner of the stock trading blog GuerillaStockTrading.com and the StockTradingMaster channel on YouTube. I've transitioned, like most, from a longer term buy and hold strategy to a shorter term swing trading strategy. I like trading in and out of small companies with a high beta, and that have a lot of cash and little or no debt.
2012: Financially, I'm defined by decades of study and minutes of success. A walking encyclopedia of knowledge poorly put to use. But hey, life goes on. Live and learn, some more.
Update 5/25/13: Minutes of success becoming mostly days of success. Cest la 'vie. Who knows what's next??
Strictly day-trading AAPL and SPY for a few months now. In cash virtually every night and on weekends. Most success using a 1-hour (2 & 5 minute bars), 2-day (30 minute bars), 10 day and 50 day simple moving averages. Long when price is above average and short when below average. Use only 1 SMA at a time except that the next larger is used as a filter. Nothing else. Price is everything. Not exactly a Seeking Alpha type of person anymore, though it is excellent for being informed. Actually, have recently removed ALL moving averages and traded pure price even more successfully.
Also, for other accounts I manage, still a HUGE fan of Chuck Carnivale!! Thank you, Chuck. I look to you to find value and trade long-term according to the above SMA method on the 50 SMA. Teaching my kids about you and Nicolas Darvas. Huge fan of his as well.
Protect with close stops. Patience. Move stops slowly. Be willing to go short as well as long. Nothing more need be done.