Greetings all to 2014!
Since September 2013, I’ve been implementing and tweaking techniques in swing trading versus position investing. Swing trading is not day trading but holding periods for swing traders can be anywhere from less than a day to several months. I found this style of trading to be more suitable and rewarding to me personally.
Everything I’ve learned prior to changing styles of trading is still pertinent and very applicable to swing trading. The biggest difference between the two styles of investing/trading is that time frames to make decisions are more compressed with swing trading. Secondly, the swing trader must be willing to take on more risk and volatility. So understanding and determining risk/reward is critical to achieving success in addition to establishing well defined entries and exits ahead of entering a position.
I have been using Worden TC2000 (currently ver 12.4) to develop (1) watch lists designed for swing trading, (2) using alerts based on a variety of technical conditions more frequently and (3) developing my own scans to find stocks with the greatest potential to meet my goals. If I can explain my methodology in simple enough terms to help somebody, I will have achieved my ultimate goal in maintaining this blog. Shout out to all my friends and colleagues at StockTwits and Twitter who have liberally shared their insights with me to progress to this point.
MJ
my name is michael james. my aim is to articulate my wall street trading thesis and methodology as an individual trader. all trading i do is in my own SEP-IRA account. all content i post is for information & opinion purposes only and not intended to be investment advice.
Stubby Brown's WS Finance 
Learning Techniques in Swing Trading
Posted by stubbybrown in Commentary on 2014/02/21
Greetings all to 2014!
Since September 2013, I’ve been implementing and tweaking techniques in swing trading versus position investing. Swing trading is not day trading but holding periods for swing traders can be anywhere from less than a day to several months. I found this style of trading to be more suitable and rewarding to me personally.
Everything I’ve learned prior to changing styles of trading is still pertinent and very applicable to swing trading. The biggest difference between the two styles of investing/trading is that time frames to make decisions are more compressed with swing trading. Secondly, the swing trader must be willing to take on more risk and volatility. So understanding and determining risk/reward is critical to achieving success in addition to establishing well defined entries and exits ahead of entering a position.
I have been using Worden TC2000 (currently ver 12.4) to develop (1) watch lists designed for swing trading, (2) using alerts based on a variety of technical conditions more frequently and (3) developing my own scans to find stocks with the greatest potential to meet my goals. If I can explain my methodology in simple enough terms to help somebody, I will have achieved my ultimate goal in maintaining this blog. Shout out to all my friends and colleagues at StockTwits and Twitter who have liberally shared their insights with me to progress to this point.
MJ
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