Analyst Sinisa Persich
Sinisa Persich
Sinisa Persich founded TraderHR (www.traderhr.com) in April 2004 as a destination point for traders around the world who use its daily, small-cap, swing trade set-ups to yield profits in both up and down markets. Persich, with a degree in electrical engineering from the Faculty of Engineering Rijeka, Croatia, uses a strategy of culling the wide universe of small cap stocks each day and identifying those that are building strong continuation patterns. These are stocks that have already broken out (or broken down in the case of shorts) and are consolidating in bullish/bearish triangles, flags, pennants, rectangles and wedges ahead of the continuation of the trend. As his strategy is to capitalize on momentum and continuation patterns in a stock, Persich uses Buy Stop Limit Orders on his long trades, whereby entry points are set above previous day highs and he waits for the stock to come "up" to his buy price as evidence of continued momentum. In the first of year of his model trading portfolio, from July 2009 through June 2010, Persich yielded a 42.2 percent return.
