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Do you work a 9-5?
Tough to trade because you can't watch the market throughout the day?
There's a great solution to this
Let's me show you in
"Swing Trading with a 9-5"
- A THREAD -
Tough to trade because you can't watch the market throughout the day?
There's a great solution to this
Let'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's great, but how will it help if I can'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's great, but how will it help if I can't watch the markets?"
2.
Automation is your best friend
I use what's known as the "stop" order
Let's say I'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's known as the "stop" order
Let's say I'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'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't sell it all when it hits my target)
This allows you to know the risk you'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'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'd take in a trade before buying?
You can do this with a simple formula:
Entry point - exit point (in case trade doesn't work) = Risk per share
You can determine your sell target easily
Remember how I said you could find the risk you'd take in a trade before buying?
You can do this with a simple formula:
Entry point - exit point (in case trade doesn't work) = Risk per share
7.
Ideally you want to make $5 for every $1 risked
Now you'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's what you'll do next...
Ideally you want to make $5 for every $1 risked
Now you'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's what you'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'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'll be better suited to experience a pullback (trust me this matters a lot)
9.
That's it!
Simple enough right?
Swing trading is a very easy and straightforward way to trade
This is how I've been trading for the last 5 years
If you have any questions I'd be more than happy to help...
That's it!
Simple enough right?
Swing trading is a very easy and straightforward way to trade
This is how I've been trading for the last 5 years
If you have any questions I'd be more than happy to help...
10.
For those who are interested.
I'm offering a great deal right now
You'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
https://gum.co/TheBigPic
For those who are interested.
I'm offering a great deal right now
You'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
https://gum.co/TheBigPic
