Posted by: Khairey January 28, 2014
***Stocks that i am trading: 2014****
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My strategies are mostly long term too. I usually play safe (or try to play safe), but have played some risky shots with huge money in the past like AAMRQ as I once lost most of my hard earned money on other stocks and no way to recover than taking huge risks. If things had gone bad I could have been down to street. I still get shivered when I look at the past, just one and half year back.
I read articles and don't take decisions based on articles or news headlines. Usually, I jump right to the comments of any news articles to get views from all sides. I usually follow guys on stocktwits to understand the current situations of the stocks I am holding or on my watch list, but have to filter lot of them. Since I am not from business/finance/economics background it is hard for me to convince how the technicals work. But, again I am convienced they dont teach you how those wolves in wall street work. So, in short I mostly trade on sentiments and usually go against the analyst, but I am sure that does not always work like technical or fundamentals too. If I am to go for day trading then I am sure I need to learn a lot and trade like you guys, but I see myself not into this profession any time in near future.
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