Contrarian daytrading technician who specializes in locating high probability short term trades while predicting price movement directions with over 85% accuracy. Most of my trading involves either extremely short term micro scalping of stocks or commodities (using 1 minute bar charts), or swing trading of stocks overnight. I also specialize in weekly stock option premium selling, along with pre-market and post-market psuedo market maker and stealth trading activity, and selling commodity option strangles (selling delta neutral pairs of far out-ot-the-money puts and calls), with the intent to achieve a steady 1% weekly return. After 32 years, well battle tested, very opportunitistic while putting capital preservation as tantamount.
Rehabilitation Counselor over 20 years, M.S., M.B.A., now an around-the-clock speculator. Incorporate seasonals, time of day, and other patterns and methods where high probability price movement patterns can be statistically forecast. Know how to safely go long high beta, heavily shorted stocks; know how and when to use extremes in sentiment to take the other side. I like to fade extreme moves as my proprietary methods are based on reversion to the mean theory. Developed my own scale trading and money management techniques. Will change and adapt my trading style based on current market conditions.
I hope to start a chatroom devoted to teaching speculators how to see and capture daytrading opportunities. They say that those who can...do, while those who can't....teach. I want to provide teaching from someone who really can do, someone who knows how to make steady returns while experiencing minimal drawdowns. As a mentor, I would love to share my knowledge and support to help small traders. I came from humble beginnings and have never forgotten it. I want to accelerate the learning curve of my chatroom students so they won't have to make all the mistakes that I have over the years. I am excellent at devising and implementing strategies that can quickly turn a losing trade into a net winner.
I am not a Wall Street professional. I am retired military and a recently retired state - certified general real estate appraiser. In more than forty years as a speculator I have purchased over 750 stocks.My specialty is smallcap and microcap stocks primarily in the natural resources sector.
I am very big on gold and silver penny stocks.
I am also very fond of royalty companies, master linited parnerships and REITS.
The only thing that I will not invest in is the S&P 500.The performance of the S&P is unacceptable. I don't do dinosaurs.
There is only one reason to hang out in the in the blood splatered arena of smallcap,microcap and penny stocks where I have been a player for more than forty years. There is no other investing arena that offers such spectacular returns.
I wrote a book about it. It is called "Forty Years A Speculator."