About
The Student Loan Ranger:
[Updated Dec 2009]
This blog serves as a trading journal for my technical analysis, thoughts on trading strategy & account management. I started trading in February 2008, using my student loan (hence the title Student Loan Ranger) as capital for fundamentals-based investing in the UK markets. I switched to US equities with a technical approach later in the year as it’s more quantifiable.
I choose my trades on a combination of the following parameters:
- Technical analysis of price action
- Sector performance & relative strength
- Market internals on day of entry
- Risk reward 3:1 minimum
- Overall market sentiment
- Volume as primary indicator
- 20&50EMA and occasionally stochastics overlay for divergence
- Stocks which average in the top 10% of dollar volume
- No penny stocks
- No tips from others
I use ThinkorSwim as my broker. I also spend a lot of time analysing raw market data and developing spreadsheets to show patterns to gauge what the market is really doing. I have also developed a pretty sweet trade stats recording spreadsheet. I love stats and graphs.
Apart from trading I like to play football, pump iron and go running. Also, I love Arnold Schwarzenegger movies.
This blog was originally hosted at Blogger (since March 2008) and moved to WordPress in May 2009.
