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PART IV: Swing Trading > CHAPTER 26: The Trend Intensity Breakout Setup

CHAPTER 26

The Trend Intensity Breakout Setup

Pradeep Bonde, @stockbee

Pradeep is one of the hardest-working traders I know. His extensive knowledge and passion about the markets are reflected in everything he does. He believes in the concept: “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” So true.

I trade on my own information and follow my own methods.

—Jesse Livermore

LEARNING WHAT WORKS AND WHAT DOESN'T WORK

I entered the stock market actively at precisely the wrong time—right at the beginning of the bear phase in 2000. During the raging bull dot-com era, I was busy working for a start-up and my involvement in the market was sporadic. My interest in trading was initially sparked by the majority holder in our dot-com. He was an avid investor and he tracked his portfolios all the time. As the stock market peaked, the investors in the company started to lose money and as a result the funding for the business dried up. That's when my real journey toward successful full-time trading began.


  

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