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Swing Trading Stocks

Swing Trading Stocks

Many traders have no time, limited time, limited ability or limited funds to day trade therefore, they opt to swing trade. These individuals must determine whether swing trading on a daily basis, is right for them.

Generally, swing traders are in need of quality, potential stocks for swing trading over a maximum of a one day time period. For a longer period of time, swing traders become short term investors. For many, becoming a short term investor may increase their loss risk. When a swing trader makes a trade over a shortened period of time, risk may be reduced. Any swing trade executed should be accompanied by a stop loss pre-determined by the individual swing trader based on their own individual loss risk tolerance.

Swing trading stocks, regardless of the period of time, can be adversely affected by overall market conditions which is frequently unforeseen prior to the actual market moving effects experienced by any stock. This can only be controlled, to a point, by utilizing a stop loss.

Successful swing trades are generally determined by several factors of those, actual entries and exits for potential profitability. Number of shares traded for each swing trade, will weigh in on each trade executed by the individual swing trader. The more shares traded, the tighter the stop to be utilized as well as, the potential increased loss risk. Executing trades with fewer shares usually enables the swing trader to use a wider stop loss. Stop losses are highly dependent upon factors which may vary, per individual swing trader.

Just as swing traders must determine their stop loss per swing trade executed, profit goals are also an important factor for each swing trade executed. Trailing stops can be a valuable tool for swing traders; each individual should discuss this option with your broker for availability and details.

Swing traders should never attempt to duplicate or mirror trades executed by another trader. Swing traders should never attempt to duplicate trades or performance of swing trading service as there are too many variables involved which will prohibit trade duplication. Unless actual entry and exit prices are specified by the service, duplication is not a part of the services offering. No two swing traders are alike in their individuality, trading capital, trading atmosphere or individual trading strategy, just to name a few. More likely than not; attempts by swing traders to duplicate the performance of others or attempts to duplicate the performance of swing trading services will result in failure by the swing trader as well as increase the individual’s loss potential.  

Swing traders should seriously consider the ability to utilize the knowledge of professional swing trading training services when available in an effort to assist them in developing their own individual swing trading strategy. If training is not available, just as demo trading is a key factor when a trader under takes the profession of day trading, swing trading in demo mode is just as important to the potential success of any swing trader. Demo trading assists swing traders in many aspects one of which is controlling their emotions; emotional trading can be lethal to a swing traders trading funds.


We recommend the serious swing trader utilize the stock selection skills for potential daily swing trading stock picks from a professional swing trading service such as the Daily Swing Trades depending upon the specific individual’s available time during the day to determine their own entry prices on each swing trading stock pick. Swing traders should avoid those so called services that pump and dump dead ended stocks; the ones who promote stocks no one ever heard of, maybe low dollar or penny stocks that are only pumped at certain prices, to line the pocket of the boiler room breeders.

Exit prices on swing trades should be determined by each individual swing trader dependent upon each individuals needs. New swing traders should consider using a trailing stop loss and walk the stock up or down, directionally dependent upon a long or short trade.

All good things take time. Successful swing trading is not exempt from this statement and is not a get rich quick scheme. Act and react on a trade and don’t trade on what you think might happen. Successful swing trading skills develop over time with a lot of focus and dedication. Learn from bad trades. Analyze all trades, the good and the bad. Steer clear from repeated actions that lead you into large losses. Control your losses with stop losses then you can learn to control your trades and hold out for larger gains.

Chart reading is also a necessity in an attempt to process a satisfactory entry or exit price on any stock trade. Just as a day trader does not trade blindly, nor should the professional swing trader. For assistance with chart settings utilized by professionals, review our available Chart Settings.

We offer Daily Swing Trades service that can be used while a potential swing trader is in demo swing trading mode as well as for new or seasoned swing traders who have experience swing trading online.

December 2007


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