Insurance agent and Private Trader My orientation is that of a swing trader, intent on converting perceptions to profit. 1. I believe market volume and price interact similar to the laws of physics governing ballistics: price reflects what participants think; volume, what they feel. 2. Perception of setups is critical. Unless you "see it", you are shooting without aiming. The "hard right line" on your chart is the challenge and the opportunity. 3. Profitable trades are a result of timely execution based on accurate perceptions. 4. Conversely, losing trades are a result of poor timing and inaccurate perceptions.
Day, short & long term trader - intermediate level. I do not short but love a short squeeze. My due diligence includes technical analysis, fundamentals, individual stock trading patterns & assessment of top management which is key. I often speak with and/or email investor relations.
My education & professional experience provide me with an understanding of the medical sciences used by biotech/pharma companies in the design & statistical analysis of clinical trials.
I have a B.S. + 20 graduate credits in experimental research & applied statistics in neurophysiological psychology as well as an additional 20 graduate credits in administration & management.
I am a former high level IT consultant having served as a quality assurance specialist, business analyst, project manager & programmer/analyst.
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 the President of TFST Publishing which is a Stock Advisory Service . We publish The Focused Stock Trader an online newsletter www.thefocusedstocktradercom
I have been a stock broker, investment banker, and CEO of 2 micro-cap companies ( see LinkedIn). At the present time I am focused on my newsletter which ended 2013 with 85 profitable trades out of 95 recommendations, for an annualized return of 265%. The Focused Stock Trader recommended the purchase of 49 stocks in 2013. The 49 stocks that were recommended had an average high 64% above The Focused Stock Trader’s recommendation price. The top ten trades all had a high at least 90% above The Focused Stock Trader’s recommendation price. OVERALL THE TOP TEN RECOMMENDATIONS HIGH PRICE HAD AN AVERAGE RETURN OF 170% ABOVE THE FOCUSED STOCK TRADER’S INITIAL RECOMMENDATION PRICE.
You can also follow us on Facebook @ Facebook.com/TheFocusedStockTrader Twiter and LinkedIn
I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in my opinion is out of date and there is wisdom in crowds.I've developed a market timing system that determines when it's best to be long, short or on the sidelines, using a number of proprietary indicators based on many time frames. I believe that to have longevity in this field one must find ways to calm the mind and trade from a detached point of view. Emotionless trading will allow you to respond to what's going on right now in the markets, rather than reacting to daily fluctuations.View my personal blog http://zentrader.ca/
Trading Stocks for twenty years, worked for a Stock and Options training Company. I continue to study the markets, economics, history and current affairs, putting all of the pieces of the puzzle together. Working with a Robotic Trading platform, developing trading formula's for it.
Education:Targeting English, Economics, History, Math and Political Science
Most of my working career has been spent running small businesses.
One of those businesses was the Stock Market and trading stocks, treating it as one of my businesses. As a student of the market, I do research on stocks using current software and several internet sites to compile enough information to make an educated trade.
Grew up in Horse racing, I learned how to handicap horse races at a very young age. I often would hitch a ride out to the race track as often as I could make the time. Horse racing and horses was a family hobby.
My other interest was baseball; fishing and travel.
In my articles I plan on writing more about Companies coming up on their Earnings . What Stocks to watch that are coming up on their Earnings, about thirty five days before they report, always forward looking. I want to write about my experiences, what I am finding in my research about individual Stocks that interest me the most and why. This is one thing I know from my involvement with the market is that Stock traders are emotional, they trade in basic patterns. That Earnings are a big part of what makes individual Stocks move up or down. Stocks that are profitable and showing positive results their stock price runs upward and the Companies that are not getting good results their stock price falls off, drifting lower.
I Hope you will enjoy my insight and reading my articles, and may they bring you good fortune and profit in your trading.
I am interested in all comments, so please write me.
By Steven C. Allen