BreakoutTrader

*** These days I post my charts/thoughts on http://www.stocktwits.com under the same user name BreakoutTrader ***

"Charts are worth a million words." - Ralph Acampora

"Having learned what folly I was capable of, I closed that particular incident." - Reminiscences of a Stock Operator

"The market can stay irrational longer than you can stay solvent.” - John Maynard Keynes

"For those properly prepared in advance, a bear market in stocks is not a calamity but an opportunity." John Templeton

I bought my first stock in the late 1980's and have been in and out of the markets

since then ...

Over these years, I have traded in ...More equity, options and futures markets and have

used trading and technical analysis software such as TradeStation, Wealth Lab

Developer, Amibroker, StrataSearch, VectorVest, TC2000, etc.

Being a software engineer with professional certification and advanced degrees

in Computer Science and Physics, I have been using my technical and science

skills to develop my own trading strategies, technical indicators, and screeners.

My primary trading style is looking for stocks in consolidation using technical

analysis with indicators and screeners I have developed. I am in particular

interested in using relative strength to identify trading opportunities.

I believe options strategies, when used properly, not only can achieve better returns,

but also can do so with less risk than pure equity trades. However, analysis must be

performed independent of options strategies before choosing the right options strategies.

I have therefore been mainly trading with options after I have done my technical analysis

on equities and the markets.

AAPL: Melt up to come, similar to earlier 2012 ? If it can close the week with positive tone http://bit.ly/NpdUnN Aug 16, 2012