Recent graduate from Bulls on Wall Street and a full time day trader. I have been an investor in the stock market for over 20 years. It wasn't until Stocktwits and Twitter came out that I realized I was missing the boat in the market.
I was your typical Buy and hold kind of guy and I had some fantastic wins. However, I also had some mammoth losses with that strategy. I read hundreds of books, went to investment seminars, subscribed to the Wall street Journal. IBD, Barron's and countless other financial publications. I spent thousands of hours studying and reading about the macro economy and companies I wanted to invest in. I studied company financials, read every article about them, listened to conference calls, ...More looked into management, checked out their product or service all in the hopes of investing in the next Apple, Microsoft, Walmart, early and becoming an overnight millionaire.
Then I started following day traders on Twitter and Stocktwits and I watched these traders make some pretty impressive profits holding a stock for literally 10 minutes or an hour. I actually watched one individual make an obscene amount of money in one stock both on the way up and then on the way down in about 4 hours. The kicker for me was when he concluded his trading in that stock he asked " Hey does anyone know what that company does?" I was floored!! They were in and out in one day and holding a cash position overnight. Not having to worry about waking up the following morning to some negative Press release about one of the companies they are invested in, or the overall macro economy that sends markets or your stock plunging.
It was then that I decided to educate myself and learn this craft to become a full time trader. Now I am blessed and living my dream of making a living doing what I love as a day trader and blogging about my journey. You know you have passion for your job when you are sad that its Friday and you can't wait till Monday.
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Blog
Alpha Wolf Capital I was once what you would call a bag holder.Now I am a short term day trader as well intermediate swing trader depending on the condition of the overall market indices.. The blog provides followers with a chronicle of my activities during the week and lists symbols,of stocks each day that I will be looking to ...More
trade based primarily on the way their charts look.On weekends charts of stocks that I am watching for the next week are provided along with article links I find interesting on companies that I follow. I am a technical day trader. However, I have also been known to take some long term holdings in companies that I believe have strong fundamentals with a compelling story that I feel are undervalued. I have been involved in the stock market for over 20 years and I am finally living my dream of being a full time trader. I have to do all the homework anyway so I might as well share it with other stock junkies like myself.
BOOK
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I was your typical Buy and hold kind of guy and I had some fantastic wins. However, I also had some mammoth losses with that strategy. I read hundreds of books, went to investment seminars, subscribed to the Wall street Journal. IBD, Barron's and countless other financial publications. I spent thousands of hours studying and reading about the macro economy and companies I wanted to invest in. I studied company financials, read every article about them, listened to conference calls, ...More