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Yes...I swing trade stocks via my own trading methodology which I developed many years ago. I now exclusively use call/put options for my swing trade stock positions.
I also trade ES futures employing the same methodology...
I read 4 Pilars of Investing (William Bernstein)...great book about Personal Investing. The biggest takeaway I got from the book is that savers should be on their hands and knees praying for bear markets. Instead of looking at corrections and bear markets with fear, I look at em as opportunities to buy stocks on sale.
Hence, since 2008 every time the equity market has sold off I have bought em rather aggressively. In 2008 I bought em way to soon but I kept on buying em. I guess I have been lucky but it has worked rather nicely. No looking at charts etc...just buy what is on sale.
Keep it simple. The ETF I trade with is VTI. I do not use leverage.
fyi...2013 was the 1st year I did not have to the chance to buy a dip in the broad mkt. It is looking like 2014 will give you a dip to buy.
I use a small list of "Jumbo" stocks that I watch daily for trade setups / opportunities. I also have a second list I call the "mini-Jumbos" or Jumbo wannabe's. So in total maybe 30 stocks on two lists. I scan them on several time frames looking for setups each night, and find a few for the next day.
These stocks have a higher ATR and are liquid enough to provide reasonably tight options spreads.
Just a matter of waiting for a clean setup to form.
Today's stocks are CAT and NFLX from the overnight scan. Both formed the identical opening pattern this morning and are paying well at the moment.
I would call it Tactical Investing....I always have exposure to the equity market. 30 to 40% of my portfolio (because you never know what will happen). I will increase it up to 50 to 60% during market corrections.
I have had a lot of success buying market dips....I guess I have been lucky and I can thank helicopter Ben....
Keep it simple....for the broad equity market buy what is on sale....increases your expected return.
Been nibbling on the buy side in VTI and VXUS the past 2 days.
