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DowJonesDave's Recent Activity

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DowJonesDave

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DowJonesDave

  • Returns
  • Today0.00%
  • Monthly Avg10.91%
  • (Vs. S&P 500)7.59%
  • YTD31.46%
  • Stats
  • Member SinceAug '08
  • Trades/Month112.6
  • Risk
  • Volatility (STD)High
  • S&P Correlation (R²)0.5%
  • Beta-0.19

“If it's not going my way then I'm wrong.„

FAS/FAZ and other "Direxion" ETFs are very volatile do not hold if they go against you. These are Short Term Trading Intruments, and if they are held, they won't be for long They're sold if I suffer a 1% loss.


I'm primarily a Technically Focused, Short Term momentum and Reversal trader for most trades. All of my trades are based on top down market Technical Analysis. I trade cycles that ideally last a week or few, and to be competitive have been trading very short term (day trading) at MG.com, but am going to use the longer cycles now (1/01/09) to reflect realistic results for an investor who can't watch or doesn't want to day trade.

During extremely volatile periods I day trade and cash out overnight.

You can't believe anything you hear. The only thing you can trust is price histoy. Since that's the only thing I know is real, that's what I use to trade. Charts don't lie, the signals are always there....






http://www.marketguru.com/DowJonesDave

Portfolio Breakdown

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