i'll put in my weekly stock selections after the US elections (& updated as & when i have the time). for now i've left my straddle positions alone on the etf indexes. its also the time to put warren buffet strategy into action, long term financial benefits to my grandchildren...
the books i recommend for reading is
- reminiscences of a stock operator by edwin lefevre
- how to trade in stocks by jesse livermore
- battle for investment survival by gerald loeb
- how to make money in stocks by william o'neil
i prefer to enter a position when a stock is in a doji/ pivot position. one definition, but so many different type of application by so many trader as they read the data in different ways. well, if the time is right, pyramiding stocks should be nice. options is not as fast moving as futures, profit for options can be there but do beware of its time expiration. for my journey, the more i learn, the more i need to learn. it seems to be a never ending process. anyway, the only positive thing after all this years, is my losses have now been kept to an acceptable level, where bailouts of my own account is not necessary for the moment (& hope it can be manage that way). till then, happy trading & good luck
'trust but verify' - ronald reagan
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