After 300+ trading books and over a decade of trading the stock market and extensive study I have been fortunate enough to have accumulated some nice profits. I have many things that I have decided on in my trading. I am a discretionary rule based trend follower. I have found that I have a knack for seeing the big picture and the big trending stocks and I have navigated the market in the past ten years better than most mechanical trend following systems. I am a stock trader who uses weekly stock options to amplify my returns with small out lays of capital and reduced risk and big wins when I am right, I do not trade the more complex option plays I use options to replace stock in most instances. I will use option plays like straddles and strangles on occasions. I am a hybrid and trade my own style which is a composite of key principles I have learned from others: trend following is the school I learned the most from, CAN SLIM taught me what a monster stock looks like, options are my tools for decreasing risk and maximizing leverage.
Many other teachers have played key parts in my development through their books and online presences:
Dan Zanger gave me the idea for using liquid in-the-money options as replacements for stocks and his chart work is much like my moving average indicators.
Paul Tudor Jones trader documentary really gave me key insights on how a Market Wizard operates day to day.
Jack Schwager’s Market Wizard books are solid gold trading wisdom right out of the mouths of the legends, there is a reason why they all say the same thing about risk management and trader psychology, it is what makes all the difference!
I have linked through the best places to find these teachers resources for those interested in further growth,