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 Trying to calculate the intrinsic value of stocks in my opinion is out of date and there is wisdom in crowds.I've developed a market timing system that determines when it's best to be long, short or on the sidelines, using a number of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/
I'm a newsletter author at my new blog www.simplegrowthinvesting.com. For the past decade I've been instructing groups on how to most successfully employ growth stock techniques, and I'm looking forward to sharing these picks here on Seeking Alpha. I also have a free e-book on my site, "7 Mistakes Most Investors Make." I've been influenced by some of history's most successful growth investors, including Jesse Livermore, Nicolas Darvas and the CAN SLIM system.
Scrooge had worked his way up the financial ladder from humble immigrant roots. Born in Glasgow, Scotland he made a living shining boots, and was enraged when a ditchdigger paid him with a US dime. However, the coin inspired him to take a position as cabin boy on a Clyde cattle ship to the United States to make his fortune. Scrooge is now the richest duck in the world, rivalled only by Flintheart Glomgold, John D. Rockerduck and, less prominent, the maharaja of the country Howdoyoustan.
He keeps a portion of his wealth, money he has personally earned himself, in a massive Money Bin overlooking the city of Duckburg. In the short Scrooge McDuck and Money, he remarks to his nephews that this money is "just petty cash". He regularly forces Donald and his nephews to polish the coins one by one in order to pay off Donald's debts — Scrooge will not even pay them much for this lengthily, tedious, hand-breaking work. As far as he is concerned, even 5 cents an hour is too much expenditure.
A shrewd businessman and noted tightwad, his hobbies include diving into his money like a porpoise, burrowing through it like a gopher, and throwing coins into the air to feel them fall upon his skull. He is also the richest member of The Billionaires Club of Duckburg, a society which includes the most successful businessmen of the world and allows them to keep connections with each other. Glomgold and Rockerduck are also influential members of the Club. His most famous prized possession is his Number One Dime.
Value of Scrooge in Barks' The Second Richest Duck'.The sum of Scrooge's wealth is disputed. According to Barks' The Second Richest Duck as noted by a TIME article, Scrooge is worth one multiplujillion, nine obsquatumatillion, six hundred twenty-three dollars and sixty-two cents. Don Rosa's the Life and Times of Scrooge McDuck notes that Scrooge amounts to five multiplujillion, nine impossibidillion, seven fantasticatrillion dollars and sixteen cents. In 2007, Forbes listed his wealth at a much more modest $28.8 billion. Barks himself has said that the fortune is five billion quintiplitilion unptuplatillion multuplatillion impossibidillion fantasticatrillion dollars. Whatever the amount, Scrooge never considers it enough: he has to continue to earn money by any means possible.
Scrooge is not formally educated, as he quit school at an early age. However, he has a sharp mind and is always ready to learn new skills. Because of his secondary occupation as a treasure hunter, Scrooge has become something of a scholar and an amateur archaeologist. Starting with Barks, several writers have explained how Scrooge becomes aware of the treasures he decides to pursue. This often involves periods of conducting research in various written sources in search of passages that might lead him to a treasure. Often Scrooge decides to search for the possible truth behind old legends, or discovers obscure references to the activities of ancient conquerors, explorers and military leaders that he considers interesting enough to begin a new treasure hunting expedition.
As a result of his research, Scrooge has collected an extensive personal library, which includes many rare written sources. In Barks's and Rosa's stories, among the prized pieces of this library is an almost complete collection of Spanish and Dutch naval logs of the 16th and 17th centuries. Their references to the fates of other ships have often allowed Scrooge to locate sunken ships and recover their treasures from their underwater graves. Mostly self-taught as he is, Scrooge is a firm believer in the saying "knowledge is power". Scrooge is also an accomplished polyglot, having learned to speak several different languages during his business trips around the world, selling fridges to eskimos, wind to windmill manufacturers in the Netherlands etc.
A 1991 reading of a book on technical analysis and the Austrian school of economics eventually led Jason Farkas, CMT to Elliott Wave International (http://www.elliottwave.com/wave/sa).
Prior to joining EWI, Jason worked for 14 years as a futures, options, and equity trader as well as a technical analyst and advisor. Jason is a Chartered Market Technician, with a background in finance, accounting and quantitative methods. He has been tutored by some of the best investment minds, including legendary trader Dick Diamond.
A triathlete and Phoenix native, Jason is an avid student of markets and market psychology, with a keen interest in proper position-sizing and risk controls, which help to differentiate gambling from speculating in investment markets.
Jason writes the Weekly Insight, and contributes other commentary, which is a component of the end of day Currency and Interest Rate Specialty Services (http://www.elliottwave.com/wave/ssewi). Each Friday we offer a short update on something interesting that is occurring in the currency and interest rate markets. The unique perspective offered by the Elliott Wave Principle allows for a refreshing change to traditional economic analysis. Topics covered range from central bank/government actions to Socionomics and on to inflation/deflation.
For more on the Elliott Wave Principle visit: http://www.elliottwave.com/wave/ewp
Joshua "MauiTrader" Hayes is CEO, President and founder of Big Wave Trading Inc., a Maui, Hawaii-based stock market advisory service. Hayes is a well-respected stock trader who combines fundamentals, technicals, psychology and money management to trade professionally for his personal, family, and friends accounts for 16 years. Hayes also runs BigWaveTrading.com, an online stock market commentary and stock selection service for intermediate-term investment strategies using CANSLIM and other strategies. Hayes is a contributor to SeekingAlpha.com has been a contributor to Telechart as Sir Aloha, Realmoney.com, InvestorsParadise.com, BestWayToInvest.com, iStockAnalyst.com, and StraightStocks.com.
Mark's mutual fund is launching December 15, 2011.
He is a self taught private investor who operates the website Fund My Mutual Fund (http://fundmymutualfund.com); a daily mix of market, economic, and stock specific commentary. Fascinated by the market since an early age, he discovered mutual funds as a teenager in the 80s and moved to equities by the mid 90s. The origin of the website is/was to leverage the power of the internet in developing a transparent track record to attract investors for his potential "long/short" mutual fund.
His equity focus is identifying secular growth trends and the companies most likely to benefit from these macro trends. Stocks are identified through fundamental analysis, although basic technical analysis is used in determining entry and exit points. You can receive Trader Mark's latest posts daily by subscribing free via RSS reader (http://feeds.feedburner.com/FundMyMutualFund) or subscribing free via email (http://www.feedburner.com/fb/a/emailverifySubmit?feedId=1109639).
With a degree in economics from the University of Michigan, a broader understanding of the economy as a whole, along with interpreting investor psychology, is also a major interest for Mark. To follow on Twitter, username: fundmyfund