Full Q&A With Investors and Traders on Twitter

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Q&A with Satuki (trader_mom):

Name: Satuki
Twitter Alias: trader_mom
Blog: www.momdaytrader.com
Followers: 1,733

Satuki isn't your regular stay at home mom, she is also a full time trader and chronicles her trades on her blog. On Twitter, she posts her day trades as trader_mom. Here is her full Q&A.

Q: Your blog says that you graduated with a degree in languages and communications. How did you get into trading?

A: I started to take interest in trading when I was in high school although I did not have any money to trade back then.By the time I went to college, I started trading Japanese stocks with a tiny account. It was a hobby and I lost all my money. After I graduated and I looked around for a day job, nothing really interested me. I guess it is because I am not really into that kind of life style. You know, something like having a boss breathing down my neck and being punctual. 

After a little push from my husband, I have been trading full time for almost 5 years.

Q: Do you invest in instruments other than stocks?

A: I trade stocks only for now. 

Q: How long do you normally hold your stocks?

A: 3-7 days for swing trading and I also actively day trade.

Q: How do you identify which stocks you want to buy?

A: For swing trading, I do look at the fundamentals of an underlying company. They should be reasonably sound. But fundamental analysis normally accounts for only 25% of my decision-making process. 

A: So I use technical analysis a lot. I do not use any complex indicators. I only use candle sticks, volume and a simple moving average, combined with all patterns such as flag, wedge, breakouts and so on.

A: I do not trade penny stocks. Stocks that I trade must be at least 30 dollars or above.They must be active and liquid.

Q: When do you take losses and profits?

A: All profits and losses are planed ahead of the time. I use fixed profit targets and stop losses. When they are hit, my positions are closed. I never intervene once a trade is in motion

Q: How do you hedge against risk (options, stop loss, etc).

A: I use very rigid stop loss and keep my positions small and diversified, relative to my account

Q: How do you use Twitter each day for trading?

A: I generally talk about what I think about the market (general direction) and stocks that I will possibly trade and what direction I will trade them. I short stocks as comfortably as long stocks

Q: What Twitter widgets, applications, tools and services do you like using?

A: I use the free TwitterDeck which is a desktop client. I highly recommend this since web-based twitter is garbage. That is the only thing I use

Q: If you could name a few, who would you recommend our readers to follow on Twitter?

A: To be honest, I can not think of any. There are definitely a few good traders on Twitter. But they normally keep everything to themselves. Most of them only talk the talk.

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