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Do you work a 9-5?
Tough to trade because you can& #39;t watch the market throughout the day?
There& #39;s a great solution to this
Let& #39;s me show you in
"Swing Trading with a 9-5"
- A THREAD -
Tough to trade because you can& #39;t watch the market throughout the day?
There& #39;s a great solution to this
Let& #39;s me show you in
"Swing Trading with a 9-5"
- A THREAD -
1.
So what is swing trading?
This type of trading aims to catch both short and long term gains in a stock
This occurs over a range of a few days to a few months
You might be thinking
"Ok that& #39;s great, but how will it help if I can& #39;t watch the markets?"
So what is swing trading?
This type of trading aims to catch both short and long term gains in a stock
This occurs over a range of a few days to a few months
You might be thinking
"Ok that& #39;s great, but how will it help if I can& #39;t watch the markets?"
2.
Automation is your best friend
I use what& #39;s known as the "stop" order
Let& #39;s say I& #39;m looking to buy Apple at $450
I would use a stop "buy" order that would automatically buy my shares at $450...
Automation is your best friend
I use what& #39;s known as the "stop" order
Let& #39;s say I& #39;m looking to buy Apple at $450
I would use a stop "buy" order that would automatically buy my shares at $450...
3.
Not every trade will go your way though
Setting a stop "sell" order is important
This order will automatically sell at the price you set it at...
Not every trade will go your way though
Setting a stop "sell" order is important
This order will automatically sell at the price you set it at...
4.
This allows you to know the risk you& #39;re taking in the trade before buying
You might now be asking how/where to sell at a profit
Again, you can automate this
I use limit "sell" orders when a stock reaches my sell target (I don& #39;t sell it all when it hits my target)
This allows you to know the risk you& #39;re taking in the trade before buying
You might now be asking how/where to sell at a profit
Again, you can automate this
I use limit "sell" orders when a stock reaches my sell target (I don& #39;t sell it all when it hits my target)
5.
You can determine your sell target easily
Remember how I said you could find the risk you& #39;d take in a trade before buying?
You can do this with a simple formula:
Entry point - exit point (in case trade doesn& #39;t work) = Risk per share
You can determine your sell target easily
Remember how I said you could find the risk you& #39;d take in a trade before buying?
You can do this with a simple formula:
Entry point - exit point (in case trade doesn& #39;t work) = Risk per share
7.
Ideally you want to make $5 for every $1 risked
Now you& #39;d want do this:
Risk per share x 5 = Target price
This target will take time to achieve in most cases
The market can also be a bit volatile at times
Here& #39;s what you& #39;ll do next...
Ideally you want to make $5 for every $1 risked
Now you& #39;d want do this:
Risk per share x 5 = Target price
This target will take time to achieve in most cases
The market can also be a bit volatile at times
Here& #39;s what you& #39;ll do next...
8.
Sell a portion of your shares (about 20-25%) once you have made $2 for every $1 risked
Doing this allows you to:
- Lock in profits
- Reduce emotional exposure
You& #39;ll be better suited to experience a pullback (trust me this matters a lot)
Sell a portion of your shares (about 20-25%) once you have made $2 for every $1 risked
Doing this allows you to:
- Lock in profits
- Reduce emotional exposure
You& #39;ll be better suited to experience a pullback (trust me this matters a lot)
9.
That& #39;s it!
Simple enough right?
Swing trading is a very easy and straightforward way to trade
This is how I& #39;ve been trading for the last 5 years
If you have any questions I& #39;d be more than happy to help...
That& #39;s it!
Simple enough right?
Swing trading is a very easy and straightforward way to trade
This is how I& #39;ve been trading for the last 5 years
If you have any questions I& #39;d be more than happy to help...
10.
For those who are interested.
I& #39;m offering a great deal right now
You& #39;ll get:
- Weekly stocks to buy
- Long term advice
- 1 on 1 mentoring
Subs are making anywhere from $50-1000 a week!
Trade with me and over 130 subscribers
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For those who are interested.
I& #39;m offering a great deal right now
You& #39;ll get:
- Weekly stocks to buy
- Long term advice
- 1 on 1 mentoring
Subs are making anywhere from $50-1000 a week!
Trade with me and over 130 subscribers
