2010/06/06

Swing Rider

Trend Rider

Exploit the best growth stocks and become rich with swing trading.

What characterizes this trading system?


It is a trading system for the stock market that is trying to take advantage of longer-term moves of stocks. That does not mean that only long-time investments are put on. Chances for swing trades are also more likely found and successfully executed within a longer lasting upwards move or a relative price strength in a bear market.


At its best a stock gets held for many month, but only few trades will make it that long and so typical holding periods are starting from one day, commonly lasting a few days up to a few weeks. Trades are not conducted to be swing trades or longer investments, instead a position is held as long as it makes sense - the market decides, according to the rules of this system, of course.


Daily bar charts are the main instrument to feel the stock's pulse technically.


On the fundamental side only the most accessible information is necessary.


The whole system works with tight stops. For that matter, sales can occur at the day of buying.


Often trades can be executed automatically with a suitable limit or stop order. Depending on the situation this may hold true for entry and exit orders.


This system can be applied also to ETFs and more generally to everything that is traded on stock exchanges.

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