The goal of this blog is rather simple: to communicate various trading ideas, while testing trading strategies. I have been trading for 5 years now and the game has changed alot. In 2004/2005, you could throw money into GOOG and watch it print like an ATM machine. In 2005-2007, growth stocks like AAPL, RIMM and AMZN were easy doubles and were my core holdings. In 2008, the game changed and short selling generated nearly 100% of profits. Originally I was more of an momentum trader, with a holding period of 6-8 months, and searched for short-term earnings catalyst to make a trade. Last year, that strategy completely failed and since the latter part of 2008, I have adjusted my strategy to focus more on swing trading and techincal analysis.
As a result, this year has been very rewarding, based on the short selling in commerical real estate (REITS), getting long precious metals in early January, as well as catching 6-12 major technical plays.
The blog will continue various guest bloggers, as well as the "Trade 247" panel. The panel will have various MBA students that are traders, as well as personal friends that are in the industry. We will provide various analyzes on various sectors, individual companies, technical breakouts, as well as post live-time trades.
Along the way, we hope we can make you $$ but more importantly pass along trading knowledge!
Good luck and remember trade with your head, not over it! (quote by Eric Bolling)
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