Preston Bailey:

Biography:

Preston Bailey has studied the trading strategies of many of the best traders in the stock market and has read over 100 books on the subject. Preston has a Bachelor's degree in Business Administration and have taken master's level courses in financing and business. Having a Ph.D. in Counseling, Preston is quite familar with human psychology and uses this to his advantage in when it comes to the psychology of the market.

Trading Methodology:

Preston prefers to swing trade stocks with hold periods of 1 to 5 days. If the stock has characteristics of a good long-term potential then he will keep it until it runs out of steam. He studies the stocks in the following sectors because he feels they tend to be the best performers: TES, INT, SPE, ESE, EEE, ECC, ELE, DBI, DCS, DSO, and DSE.

He tries to pick 50 from this list of the best prospects. Of these 50, he watches about 20 for technical breakouts or indicators. He looks for stocks that have increased 300% or more for the year, but would consider breakout stocks for short-term trades. He looks for stocks with 80+ relative strength and EPS. He likes to trade stocks in increments of 100, 200, 500, or 1000 depending on the price. Sometimes he trades the occasional penny stock in increments of 1000 to 5000 and tries to get in and out within 3 days unless it is close to a breakout and has good news. He likes to pick 3 or 4 good stocks to trade at a time.

Performance :

Preston sets as a goal to make at least 300% return a year. Last year he made over 1000% return. He tends to trade some of the same stocks again and again when they have clear patterns. Last year I lost money on 1 option (MSFT) and 3 stocks all of which were penny stocks (2 of which I knew the CEO and was trying to be supportive). Other than those few losses all of his other trades were quite profitable. Quite a remarkable track record.

Don Sizemore:

Biography:

Don Sizemore is a full time system trader specializing in short term momentum strategies. Don realized his dream of trading for a living by developing and following a trading system that produced profits that greatly exceeded market averages. After three years of trading his system he left his job and began trading full time. Don has attended seminars and lectures presented by over 30 of the markets premier traders as well as reading many of their books. Don's strategies embody many of the techniques and insights that have been time tested and proven by these market leaders.

Trading Methodology:

Don uses online-stock screening tools and TradeStation Software to identify strongly trending momentum stocks that represent the best trading opportunities. These high momentum stocks are backtested and optimized to provide high probability results. TradeStation Software is used to scan the markets daily to identify the stocks offering the best trading set-ups for the following day. An individually optimized trading strategy is developed for each set up. These individualized set ups are employed the next day utilizing entries and exits that minimize risk and maximize the short term trading results of each stock.

Performance:

Don's current monthly performance results have been ranging from 20-30% a month. Emphasis is placed on minimizing draw down and increasing account equity on a consistent basis, through all market conditions.