My main concerns are 401k/retirement accounts(I'm 43 years old).
I manage not only my own, but my Mom's and sister's and a friend's accounts as well. I predominately use mutual funds. I only trade the long side as I can't short or leverage with them. I use Nasdaq related funds. PQNAX, PTAAX, RYLPX, SSRAX VERDX are my faves from my 401k. My 401k is up 81% in the last 19 months and I can't wait 'til I get better. I mean that. I get my fair share, but I occasionally miss some.
My Roth IRA's are self-directed and hold my gold miners. I set that up quite a while back and don't trade it.
The trading account is set up where I can trade stocks or options. I find stocks from the Nasdaq. I experimented with options last year and I'm not ready to go 100% to options yet. I'm still learning there.
I participate in a great game of Survivor Island. There a lot of good stock pickers that play. It's a great place for ideas. The main thing I like to look for is positive or negative divergences in the indicators.
This week, I chose SNDK. Positive divergence was the key, not only on the daily chart, but more importantly on the 60 minute chart. It was a gimmie. Thanks to LT for bringing it to my attention.
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