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Profitable Trading Picks & Strategies for US Stocks and Indices

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Swing Trading Stock Picks

What is Swing Trading Stock Picks?
Fast moving trending stocks tend to pause for a while before resuming their trend. Swing Trading Stock Picks identifies profitable trading opportunities in these stocks after their brief period of consolidation or correction for a quick 5 - 25% move in 1 - 5 trading days. To fully understand what swing trading really is, please read our FREE Swing Trading Tutorial.

How to enter a Swing Trade

Do not enter your orders immediately at the open. Wait for a few minutes for the market to settle down before entering your orders.

Entry techniques:

Technique 1: Long Swing Entry Technique 1: Short Swing Entry
Buy the stock from the moment it trades above its BUYABOVE trigger price. As soon as you buy, make sure to place a stop-loss order. Sell the stock short the moment it trades below its SELLBELO trigger price. Once you sell short, make sure to place your stop loss order.
Technique 2: Long GAP Entry Technique 2: Short GAP Entry
If the stock gaps up above the trigger price, wait for 30 minutes and then put a buy stop order above the high of the day. If the stock gaps down below the trigger price, wait for 30 minutes and then put a sell stop order below the low of the day.

How to exit a Swing Trade

Exit techniques and riding the trend:

  • Stop-Loss Order - place your stop the moment you enter a trade. Exit your trade the if the stop-loss gets triggered. After each day, simply move our stop-order to under the low of that day for longswings, and above the high of that day for shortswings. However.. never set the stop loss at a lower/higher price than the day before.
  • The 50 percent rule - the moment you have a 7% gain on your swing trade, book profits on 50% of your position.
  • Riding the wave - ride the rest of your trade using a trailing stop. After each day, move our stop-order to the low of that day for longswings and the high of that day for shortswings.
  • Gaps - be prepared to sell your positions if the stock gaps UP for longswings and to cover your short positions if the stock gaps DOWN for shortswing.

Nomenclature

Close: This is the closing price of the day.
BuyAbove: This is the level above which you should buy the stock for long swings.
SellBelo: This is the level below which you should sell the stock for short swings.
StopLoss: This is your stoploss on the day you buy the stock.
7% Target: This is the level where you book partial profits on 50% of your position.
Resistan: This is the resistant level.
Support: This is the support level.

Want to learn more about "Swing Trading"?

Check out our FREE award winning Tutorial for a better understanding about Swing Trading!

FREE (will be back soon) Swing Trading Opportunities.

Long Swings (Bullish)

 

Short Swings (Bearish)

 

 

 

Index: DJIA | Nasdaq Comp | S&P 500 |
Products: Trading Picks | Swing Trading Picks | Day Trading Picks | Multiple Time Frame Trading System |
ETF: About ETFs | QQQ |
Education: Dow Theory | Elliott Wave | Japanese Candlestick | Swing Trading |

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