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Stock Swing Trading (end-of-day stock trading)
News: Bill Poulos re-releases Quantum Swing Trader in May
Introduction to Stock Swing Trading
Swing trading is a commonly used term to describe a method of trading with trades lasting from a few days to a few weeks using daily charts. It gets its name from entering trades that attempt to capture swing moves typical of a bull market from a swing low (when the market corrects down after a sustained rally and then begins to go up once again) to a new swing high which would mark the end of the new rally.
Conversely, in a bear market, where the market makes a swing high (when the market rallies up after a sustained move down and then begins to go down once again) to a new swing low which would mark the end of the new leg down. With the right information, your profit chances are better than forex trading where consistent success eludes over 90% of traders.
Stock, futures and 'swing' trading are also popular pursuits suitable for retirees or those living or traveling abroad. Online trading sessions need not require long periods at the computer, but timing will be affected by the difference between EST (when the NYSE and other markets are open) and the trader's current location.
Many of the principles and strategies for stock trading are similar to those of forex and programs can be used for both types of trading. Some people may be better suited to stock trading than forex.
Swing trading is actually one of the best trading styles for the beginning trader to get his or her feet wet, but it also offers significant profit potential for intermediate and advanced traders. Swing traders receive sufficient feedback on their trades after a couple of days to keep them motivated, but their long and short positions of several days are of ideal duration not to lead to distraction.
By contrast, trend trading offers greater profit potential if a trader is able to catch a major market trend of weeks or months, but few are the traders with sufficient discipline to hold a position for that period of time without getting distracted. On the other hand, trading dozens of stocks or options per day (day trading) may just prove too great a white-knuckle ride for some, making swing trading the perfect medium between the extremes.
A trader must act swiftly in order to find situations in which a stock has potential to move significantly within a short time frame. Swing trading is mainly used by home-based day traders. Large institutions trade in sizes too big to move in and out of stocks quickly. An individual trader is in a better position to exploit short-term stock movements without the competition of major traders. Swing traders use technical analysis to look for stocks with short-term price momentum. These traders aren't interested in the fundamental or intrinsic value of stocks but rather in their price trends and patterns.
Swing Trading Stocks Guide
There is an easy way to learn stock swing trading for a very modest outlay. Kevin Brown is an independent trader and author of The Definitive Guide to Swing Trading Stocks. In his swing trading course (you can download free chapters too), he has compiled 15 years of his personal trading experience and reveals his most effective swing trading methods.
The approach Kevin takes is to first dismiss what some product sellers call "secrets" and discloses what the activity of trading is all about. He doesn't make vague or exaggerated promises, but explains methods that work for him as well as other traders; more importantly, WHY they work.
This is a useful
course that will begin your stock swing trading
education. It also comes with free tools and 8 stock
trading books as
bonuses, making it excellent value for under $100. Visit Kevin's site to learn more, and don't forget to
download the
free
chapters of The Definitive Guide to Swing Trading
Stocks.
Quantum Swing Trader
Each of the five times it's been released since 2006 in limited quantities, all copies of 34-year veteran trader Bill Poulos' Quantum Swing Trader course have been sold within days. A new release was made in May 2008.
From time to time Quantum Swing Trader is made available in small quantities, giving serious traders the opportunity of learning a professional stock swing trading system. Here is an independent Review of Quantum Swing Trader.
Since Bill Poulos started his groundbreaking Quantum Swing Trader fully-supported training courses, it has sold out six times already. It was last made available in December when 200 traders snapped it up in a week. Why not visit the QST Members Website for a 'sneak preview' of what you get with this best-selling trading course.
A key component of Quantum Swing Trading is the Profit Feeder service. This is a daily email that arrives after the market closes and delivers Bill's personal list of stocks that meet Quantum Swing Trader's uptrend and downtrend search criteria.
What this means it that the stocks on the Profit Feeder have a high probability of entering into potentially profitable long or short positions in the short term.
This is what the whole 6lb (2.5kg) package looks like, and there are more resources on the Members' Website. Quantum Swing Trader comes with a full money refund guarantee too.
Read a full review and testimonials from previous Quantum Swing Trader students.
Here is a run-down of what you get with your course:
7 CD-ROM
video tutorials that you can watch on your computer to
learn the entire Quantum Swing Trader method step-by-step.
The 123-page
Quantum Swing Trader study manual, printed in full colour
for easy reference.
The 100-page
'Trading For Beginners' book, which covers crucial
stock trading basics if you're a beginner; it also makes a
fantastic reference guide if you're already an experienced
trader.
2 Quantum
Swing Trader "Blueprints" that summarize the entire
course in an easy-to-read format.
Lifetime
student support. In order to make sure your questions
are answered properly and quickly, there's a full time
operations staff to ensure all Bill's students are
successful.
Lifetime
access to the Quantum Swing Trader Members Website where
you can get the latest trade examples, bonuses, and Profit
Feeder stocks.
The Head
Start Guide & Videos that let you get a "jump start" on
learning Quantum Swing Trader the instant you place your
order.
The Quick
Start Guide that explains how to use everything that
arrives in the big, 6-pound box that will be rushed by
courier to your
doorstep.
Bonus:
Introduction to Options CD-ROM video tutorial from the
Options University.
Bonus:
Mental Fitness for Traders CD-ROM digital book from
former CTA Norman Hallett.
Bonus: Over
one month free service of the Bill Poulos Profit Feeder service, so
you can get "spoon fed" a daily list of stocks that meet the
Quantum Swing Trader search criteria.
Try it
out now for just one dollar (no other purchase necessary).
Bonus:
Profit Pulling Swing Trading Principles. This is a
57-page report that answers the top 17 questions about swing
trading that Bill collected from a survey sent out to over
20,000 traders.
Limited
Bonus: 15 Digital Trading Reports From My Personal "Wealth
Archive", and you get to keep these as Bill
Poulos's personal gift,
even if you return the course.
Limited Bonus: Custom Quantum Swing Trader Indicators and Search Criteria Formulas for use with your 30 day free subscription to SwingTracker charting software. (see below)
Read a full review and see genuine testimonials for Quantum Swing Trader.