Open discussion for Swing Trading.
Runner's Rascals
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OK...I'll start with my definition of Swing Trading: A trading strategy that seeks to create gains by holding positions for two days to one week.
Mostly I would consider short term Group movement whereas in daytrading I put more emphasis on news...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Sell Offs
If I have this right LOW could be considered a swing trade here in the next couple of days. Has sold off for about a week and a half and support should be reappearing. Todays move could be considered as base for furture growth.===>M.E.A.GO BIG RED!!!!!
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I have a little different definition to swing trading. Mainly my time frame is from a day up to 4 weeks. When one gets running well, I’ll trail it until stopped out. One may capture more profits this way. I have a little ranking system.
I use to love to play baseball when I was a kid. My coach use to say, “ Stop swing for the fence and just get a base hit”. Having thought about this I can see how one may implement this into trading.
3-5% Base hit
6-10% Double
11-15% triple
+16% Home run
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Nice Thread!
YEAH! YEAH! YEAH!
Now let's get some charts up here, some entry points, exit strategy, targets. Make this thing PRO-fessional.
Why not give a brief write-up on why we ought to jump in with you, what makes you think this stock will rise, and offer some evidence for your position (e.g. earnings report, etc).Last edited by New-born baby; 12-02-2004, 08:49 PM.
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Originally posted by Runner
I took the liberty of shortening your link to this: http://trimurl.com/PG
EDIT...see your original did not hyperlink and the quote doesn't show the whole addy...I set the site up for posting on Forums to make it easy to hyperlink.Last edited by IIC; 12-02-2004, 09:11 PM."Trade What Is Happening...Not What You Think Is Gonna Happen"
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BTW...here is the image that you were trying to post:
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
Follow Me On Twitter
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