I am a retired teacher and Navy CPO. I have been trading stocks and options for about 9 years. In this my first real career after retirement, I formed a Nevada corporation (Play Dough Asset Management, Inc.), and an LLC (Play Dough, LLC). My corporation provides the asset management services for the LLC.
Like many traders before me, I was introduced to trading by the infamous Wade Cook. I subsequently expanded my education through courses offered by Optionetics and the Pristine Day Trader.
The Trading platforms that I use and report on are the following:
- TC 2007: I have been using TC2000 for over 9 years, Fantastic program! I received my Worden "knighthood" a few years ago ("Sir Disciplined Strategist")
- StockFinder: This is the newest product from Wordens. Big learning curve!
- thinkorswim: Undoubtedly the most powerful platform available for the common trader.
I would describe myself as a intraday trader. A true day trader may be in and out of positions a hundred times a day for a small profit each time. My target is a 1% total profit and I have about 4-7 trades per day. I use the Pristine Bury Setup to locate my target stocks. I am in by 10:00 and I close all positions by 4:00. I have found this to be a relatively low stress approach to trading.
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