Swing Trading Tactics (2024)

Swing Trading Tactics (1)

Learn Swing Trading Techniques AUDIO BOOK CD trade stock market day investing!

Audio Book

Audio CD

Pristine

2002

CD

$44.99

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Swing Trading TacticsOver a decade ago, Oliver took the trading industry by storm when he introduced swing trading to the equity markets. Today some of the world's most successful traders rely exclusively on this dynamic style of trading, and the many tactics Mr. Velez introduced. Swing Trading is a unique style of market play that attempts to capitalize on a 2- to 5-day time period. Too short for large institutions to take advantage of, and at the same time, too long for the overly active day trading and floor trading communities, this 2- to 5-day time period exploits this often overlooked market niche that can deliver above average short-term gains for the trained Swing Trader.

Learn from industry pioneer and visionary, Oliver, how to make swing trading an integral part of your trading plan. You will learn: The 3 most powerful Swing Trading chart patterns and how to exploit them for above average gains; The four major disciplines of every trade: The Entry, the Stop, the Target, and Trade Management; How to maximize your timing using key moving averages, the Commodity Channel Index and other powerful indicators; How to maximize gains and minimize losses using proper money management techniques; and How to formulate a part-time or full-time trading plan designed for a lifetime of professional trading.

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WHAT YOU GET:

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    Swing Trading Tactics (2024)

    FAQs

    What is the best pattern for swing trading? ›

    As far as patterns are concerned, the ascending and descending triangles are considered to be the best. The top swing trading strategies are Fibonacci Retracement, Trend Trading, Reversal Trading, Breakout Strategy and Simple Moving Averages.

    What is the 1% rule in swing trading? ›

    The 1% risk rule means not risking more than 1% of account capital on a single trade. It doesn't mean only putting 1% of your capital into a trade. Put as much capital as you wish, but if the trade is losing more than 1% of your total capital, close the position.

    What is the golden rule of swing trading? ›

    Golden Rules

    NEVER, ever, average a loss! Sell out if you think you are wrong. Buy back when you believe you are right.

    What is the easiest swing trade strategy? ›

    Trend Trading. One easy-to-follow swing trading strategy for beginners is trend trading. When identifying a trend, it's important to recognise that markets don't tend to move in a straight line. Even when following a trend, they move up and down in step-like moves.

    Which timeframe is best for swing trading? ›

    The best timeframe for swing trading includes 1-hour, 4-hour, and daily timeframes. Here's why: 1-hour charts: Short enough to give you intraday insights but long enough to help you spot broader swings. 4-hour charts: A balanced point of view for identifying short-term and medium-term trends.

    Which indicator is best for swing trading? ›

    Top 10 swing trading indicators in stock market
    • Relative strength index (RSI) ...
    • Stochastic oscillator. ...
    • Ease of movement (EOM) ...
    • Bollinger bands. ...
    • Fibonacci retracements. ...
    • Support and resistance. ...
    • OBV (On-Balance Volume) ...
    • MACD (Moving Average Convergence Divergence)
    Aug 10, 2023

    Which chart is best for swing trading? ›

    Swing trading strategies can be aided by using candlestick charts and oscillators to identify potential trades.

    What is the key to swing trading? ›

    The first key to successful swing trading is picking the right stocks. There are two key variables to consider when choosing the stocks to swing trade: liquidity and volatility. The best candidates are large-cap stocks, which are among the most actively traded stocks on the major exchanges.

    Can you swing trade with $1000 dollars? ›

    That's why it's tough to put a dollar amount on what is considered a “small account”. However, we see many new traders start small with just $1,000 in their accounts. This is a pretty good starting place for new traders because your risk is pretty limited.

    How long should you hold a swing trade? ›

    The holding period for a typical swing trade falls somewhere between two days and two weeks. Of course, there are exceptions where some trades are held for longer periods of time – but we'll talk about that later on. For now, let's focus on the average holding period for a swing trade.

    Who is the most successful swing trader? ›

    Paul Tudor Jones - Another famous swing trader is Paul Tudor Jones. Jones is a billionaire hedge fund manager who is known for his aggressive trading style. He is one of the most successful traders of all time, and he has a net worth of over $5 billion.

    Can you start swing trading with $100? ›

    Yes, you can technically start trading with $100 but it depends on what you are trying to trade and the strategy you are employing. Depending on that, brokerages may ask for a minimum deposit in your account that could be higher than $100.

    How many pairs should a swing trader trade? ›

    If you're just starting out, try to focus on 5 to 10 currency pairs. This will give you a few quality opportunities each month without it becoming overwhelming. By maintaining a list this size, you'll have more time to study and learn the process of becoming successful.

    What are the common swing trading mistakes? ›

    Don't have a trading plan (every trade is a mistake). Wrong position size or don't have a position sizing method. Taking too many correlated positions (increases risk…as the correlated trades are essentially the same). Got out of a position before the planned exit.

    What is the success rate of swing trading? ›

    However, it's important to note that an estimated 90% of swing traders do not make money. This suggests that the average success rate of swing traders who do earn a profit annually is about 10%. As such, swing trading isn't a get-rich-quick scheme, but a strategic approach that requires skill, patience, and discipline.

    What is the best chart type for swing trading? ›

    Swing trading strategies can be aided by using candlestick charts and oscillators to identify potential trades. Oscillators track momentum and help identify reversals when they begin to diverge from the existing trend.

    What is the best stop loss strategy for swing trading? ›

    But to do that, swing traders keep their stop loss level low at 2-3% and manage to keep the profit-to-loss ratio at 3:1. It is done to avoid risking too much. A big loss can wipe away all the small gains made from smaller swings. To avoid making mistakes, swing traders carefully choose the stocks.

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