My name is Terry Squibb, I have been day and swing trading over thirty-five years. The key to my success is compounded profits. I always take profits as the trade is working and cutting the trades quickly that go against me. My main focus is crude oil and Nat gas. I learned to trade oil stocks using a Level 2 and charts the old fashion way “follow the money”. I enjoy trading small oil companies; they give very nice profits. I always say if you make 50 cents off a day trade, especially if you trading several thousands of shares – “it was an excellent trade”.
I am a very open minded 61-year-old man and met Barry Mohan over a year ago, he shared a method he was using called the 8 day and 13-day cross. Since then using his 8 day and 13 day cross and my niche of the Level 2 and charts has improved my trading to a new level. The reason I am with Iceman Trading Academy is to help others with what I have learned over the years in the oil sector and to teach newer people to trading how to watch for the money on a Level 2 and to help them from making the same mistakes as I did when I started out years ago. Day trading and swing trading is not easy, one must really work hard to gather all the information you need before making a good trade, sometimes the info comes as the day starts out, but most of the time, I have found out over the years that researching and having a plan in place and written down for the trade before even taking it helps me to stay focused on my trades for the day. Its hard work and I really enjoy doing it.