I have been trading stocks for two years now. I learned how to trade from playing stock games, reading blogs, and doing my own research. I am currently a UC Berkeley undergraduate studying Civil Engineering. I dedicate most of my free time to trading.
About the fund
Recently, I got the amazing opportunity to start an actively managed fund of $30000 for a fellow student. I hope to display some of the trading skills that I have developed actively managing my own account over the past two years.
About trading strategies
I mostly trade small cap stocks because they are not highly followed by trading hedge funds and analysts. This creates great opportunities for trades who know how to find opportunities. I trade mostly using support and resistance and short term fundamental fluctuations. I find that other technical indicators are too far-fetched and relative to be consistently effective.
About my blogs
I will be following the trading account on this blog, giving the trades that I make and my take on the market. Feel free to ask questions and comment. [more]
Dear Motley Fool Community, [more]
Every single bank rally in the past 2 years has failed, leading to lower lows in the next months. Each bank rally has some reason for the rally. The bank rallies early last year came from a capitulation day and buying after bad news had been released, such as the bear sterns capitulation and March 2008 rally. More recently, there have been a number of bank rallies from government bailout plans. [more]
Alright, for those of you who read my last blog, there were some questions about specific companies and just on the industry in general. I will try to flush out these topics in this blog. You should read the previous blog before this one to get an intro into the industry. [more]
Just did research on the industry. Note industry pe is in the 3.5 to 5 range and they are all trading at book value, which makes them seem cheap. If you dig a little deeper, you will see why. ATW, RIG, NE are the companies I looked at. They all own oil rigs and lease them out to companies (or people) who own ocean oil under the sea. [more]