Jeff,
Data points! What's that? JK...
I use a lot of things, one thing I do is lock in what I consider to be above average gains. I really am not greedy (for the most part). I have learned thru hard knocks to exit losers quickly.
Macro would be don't fight the FED (like now). Sometimes it is intuitive. But I will tell you one charting technique I do use is breakouts from pennants and flags, look for declining volume on the pullbacks of great companies (more to it than that I know)
Seasonality? Yes, Spring is tech wreck season, summer volume is anemic but can be nice, SEPT/OCT usually stink and then the wonderful OCT- FEB period (usually)
Margin? I use it for leverage and then get off of it when I have made a few dollars. I HATE to get crushed on the way down....You have to make big bets to make big money quickly, buy themes, be confident but decisive, do what you think is right for your current situation not others, you don't know other peoples situations, plus they may loco, know what I mean...
Also, don't risk what you can't lose, sounds simple but most people are able to be honest with themselves on this, some bet too much, others don't ever take risks and then wonder why they don't make money....
Enough stream of consciousness for now...
Have a great weekend!
MileHigh |