Sentiment indicators (and a few other things)

Hi Pat, I see that you look at things such as up/down volume and AD lines on the NYSE and Nasdaq. I was wondering if you also look at sentiment indicators to see where the market is 'too hot' or ready for a potential bounce - such as put/call ratios, AAII survey? I used to look at these things and would get myself in a bit of a pickle because I was looking at so many data sources. I am trying to really cut that all down now. If a major index such as the SPY or QQQ's is extended from its 50MA, are you more careful with new purchases because the likelihood is that the market may go sideways or down and therefore we may lack the impetus of the general market to help push our stock up? Do you use Level 2 at all? I know it is difficult to say, but what do you think is a realistic % gain in an account to expect over a year? (I appreciate that things like market conditions, risk tolerance, skill level etc have a big impact, but would you say something like 30% is achievable for someone who has been trading for a couple of years?) I am trying to become a full-time trader now. I wish you and your family a very Merry Christmas, and a healthy and Happy New Year. Warm wishes   Simon