Read the introduction to swing trading page first to get the most out of my website. Step 1: Learn the basics.Learn the basics of trading stocks and build a solid foundation for years to come. Step 2: Learn the strategy.Learn my swing trading strategy and get started trading stocks. Step 3: Read the advanced articles.Learn some advanced swing trading tactics and soon you will be trading stocks like a pro.
This trading plan is for discretionary traders. Maybe you want to add some swing trade youtube kind of technical indicator. Or, maybe you would like to incorporate some fundamentals into the mix. Ok, lets get started with our trading strategy. We will begin by preparing for the week ahead. Preparing for the trading weekOn Sunday mornings, I get up early, grab a cup of coffee and head to the computer to get ready for the trading week ahead. Swing trading has been described as a kind of fundamental trading in which positions are held for longer than a single day.
This is because most fundamentalists are actually swing traders since changes in corporate fundamentals generally require several days or even a week to cause sufficient price movement that renders a reasonable profit. (See Introduction to Types of Trading: Fundamental Traders)TUTORIAL: Stock PickingBut this description of swing trading is swing trade youtube simplification. In reality, swing trading sits in the middle of the continuum between day trading to trend trading.
Hold periods typically range from 2 days to 4 weeks.At Warrior Trading, we consistently focus on a handful of reliable, high probability swing trading strategies with extra attention to our risk management. We use a combination of options and equity strategies, short and long, to trade reversals, earnings events, gap fills, continuation patterns and breakouts. We use powerful and proprietary tools such as our Trade Ideas and TC2000 scanners, breaking news sources and chart analysis to identify high probability, short term setups that make for good swing trade candidates.