Do you consider yourself to be a trader or an investor and what tools/strategies do you use?
I listened to a good podcast the other day about momentum trading which really flies on the wind of buy low sell high. Momentum trading is about jumping on the wave and getting off before it hits the shore.
It got me thinking about my trading style. I would say I am more an investor looking for long term growth (mainly in ETFs) than a trader which I would only hold for short periods.
Interested to know what strategy/tools the traders out there use? I do use technical indicators (RSI, MACD etc) to find stock that is oversold or overbought which might indicate a trading opportunity. But this can often be blown out the water by news or change to the fundamentals.
What do others do?