|  George Fontanills heads Pinnacle Investments of America, Inc., a hedge-fund and money management company. The trading strategies used by Pinnacle are published on www.optionetics.com. Books The Options Course , John Wiley, 1998 Trade Options Online , John Wiley, 1999 The Stock Market Course , John Wiley, 2001 Attaining a winning trader 's edge -
Understand the psychology of the trade; never believe that you are smarter than the markets as the markets will always win. -
Acquire the knowledge on how the markets truly work, then test and retest your ideas and concepts until you feel confident. -
Develop a working knowledge of what types of entry and exit orders work best. -
Understand how to manage risk by employing the use of options strategies. -
Pick a strategy that matches the market conditions. -
Manage the strategy; you should always know what your next reaction point will be and what prompts you to take it. -
Watch what moves; to be successful, you have to become a media hound. -
Integrate fundamental, technical, and sentiment analysis into a real-world trading approach that enables you to best understand market performance. -
Specialize in one sector and one strategy at a time. -
Give yourself the winner's edge by always continuing to actively pursue the learning process. www.optionetics.com 'Certain technical indicators, such as relative strength, may be useful in emerging markets, but for the most part there is not enough reliable historical data for proper technical analysis. Technical analysis may have its day in emerging markets, but that day has not yet arrived.' ”Mitchell Posner |  |
