Seeking Alpha


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Two brothers (24yrs and 28yrs) decided to dabble in trading. So far two heads better than one, with ~90% success rate and average return rate of 2%. Rules we follow:

1) Buy only when low. Even if it looks like going higher, stay away from highs.

2) Don't be greedy. Slow and steady wins the race. Small profit is better than any loss. (This one's sometimes hard to follow, thankfully we have each other to smack over the head when temptation rises.)

3) 5% Stop loss. If you lose, lose small, avoid tying up the money for the long term so you could regain losses quickly.

4) Research, research and more technical analysis :). It's easy when you know what you're doing. If you want to gamble, go ...More
  • Description: Independent trader. Trading frequency: Daily
  • Interests: ETFs, Energy stocks, Gold, Stocks - long, Stocks - short
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gabux Dec 27, 2013