Seeking Alpha

SteveW (Market Forecaster) » Profile

Over the past 6 years since I started trading for income, I have met and learned from several great traders. From John Lansing, to Adam Hewison, I have seen so many trading strategies, and received volumes of great advice.

However, the one characteristic that always struck me about these very successful and effective traders is the simplicity and repeatability of all of their trading plans.

In the beginning, as a mathmetician and novice trader, I spent endless hours studying chart patterns, candlesticks, and every technical indicator known to man. I even came up with a few of my own! I paid thousands of dollars to take trading education courses such as The Investools Method, to Top Trader options trading, to Jim Cramers… Well, who knows what Jim is thinking.

The point is, I became so enthralled with technical investing, that I focused completely on comming up with the perfect set of indicators and being able to trade any chart profitably. I spent so much time looking at charts and analyzing indicators that I couldn’t bring myself to make a trade.

confused face

It’s a classic example of analysis paralysis, a syndrome that I see over and over again with novice traders. There are simply too many trades and too many tools for anyone to master all of them. Information overload and a crippling sense of confusing are quite common when you start your trading career, and it’s something that I hope to prevent as the Trade Detective.

Through the use of effective stock screens, I show you how to develop your own simple and repeatable trading system. You’ll quickly learn that you don’t have to settle for any old trade. You’ll become super picky about trade setups, and suddenly you’ll find yourself making consistently profitable trades.
Snapshot
  • Trader
  • Trading frequency: Daily
Interests:
  • Options
  • Stocks - long
  • Stocks - short