How To Swing Trade

Archive for December, 2009

If it were as simple as just looking at a chart, I’d have all the money in the world by now.

I don’t understand your question. Are you asking about a source of charts. stockcharts.com is free and customizable

Are you asking about best chart features. My favorite is MACD presented as the MACDhistogram

Good luck

I’m just embarking on my first attempts at online trading. A friend has volunteered to indoctrinate me in the best methods to use in investing and risk/reward management. Would this education give him the best tools for this job?

A series 7 certification is required if you want to be a stock broker in the U.S.

Since there are a whole range of stock brokers in the world, from stupid to brilliant, having a Series 7 certification does not necessarily mean they are a great stock broker.

However, you know your friend better than us, so you should be able to have a better idea of how skilled and knowledgeable he is.

Additionally, since he does have the certification, it is probably enough to give you some pointers and information about how the system works.

I have seen this word used, and supposedly it brings good profits? but i have no idea what it is
any help pleasE?

Swing traders are not day traders, rather these traders follow certain stocks and when they think those stocks are "cheap" they will buy. At the same time when the stock bought has increases enough to meet their investment goal, they will sell. Then they will wait until the stock goes down again, so they will buy again.

The oil stocks in the past were good candidates because they tended to be affected by market news, trouble in the middle east, etc.

Be sure as an investor, you have enough money to buy at least a few hundred shares at a time, so that the buy and sell commissions don’t reduce your profits significantly.

rsi, macd, ad, obv, mfi, uo, w%r etc which one or others best?

Support/Resistance
Pivots Points
VWAP
5 day MA

That’s it. For me.

There are no rules as to what’s "best". Trading is an art. Learn a few indicators. Pick the ones you like best. Keep it to a few. As long as you’re profitable on 50% or better on your trades… you’ll be doing well. Always remember…. when it comes to day or swing trading… money management is your most important skill.

There are many different ways to trade stock options and people use different systems, but which one is really good and will bring in reliable profits? Or is this even possible?

Using a proven stock options trading system is important if you want reliable profits. I’ve come across plenty of different systems and the one that really stands out is here, http://www.StockOptionsTradingSystem.com .. you should go ahead and check it out, it’s really do a lot for me!