[JonathanJohnson]

My name is Jonathan and I am from Austin, TX. I currently attend UT Austin (still working on getting into the business school) and I am very enthusiastic about learning all i can about the finance world...so that's why I am here.

[Tiobingo]

Hi Jonathon. Do you trade at all?

[JonathanJohnson]

Yes I do trade. Right now I trade primarily off of a earnings reported kind of strategy. So when i think a company is going to beat earnings (or the opposite) I'll generally invest into that company. I'll also look at some technicals.

[Tiobingo]

How is it going for you? Are you finding success trading/investing in such a way? I trade mostly futures these days based on patterns that I've found to be pretty dependable. It seems we are both on the exact opposite extreme ends of the spectrum. I'm in and out very quickly, taking several trades per day. It sounds to me like you are investing and holding for extended periods of time. Takes all kinds I guess. Welcome to TL.

[JonathanJohnson]

I just started using this method in April,and as you know, this earnings season was pretty good. I tend to hold on to the stock for a couple days. I find that after the initial surprise in reported earnings the price tends to fall back towards what it was before the earnings. It just depends case-to-case.

[WorldTrader]

Jonathan,
I was looking at using Options for the earnings plays. It worked out well a few months ago, but I got burned on a Goog option. Oh well, so I am back to trading my system on stocks. Do you use Options at all or just buy the stocks?

[JonathanJohnson]

No I haven't used options yet. In fact one of the reasons I joined this site was to learn more about options. I hear it can decrease the risk in one's portfolio though.

[MadMarketScientist]

Jonathan - as the others have said, welcome to TL and we look forward to your contributions, and I'm sure you'll learn quite a lot from this excellent trading community. We have some great knowledge out there....