Swingtrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Swingtrading - Tricks of the Trade

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To: Brandon who wrote (1)	10/3/1999 11:45:00 AM
From: Brandon	Read Replies (1) of 551

Swingtrading seeks to take advantage of a trend or the reversal of a trend in the market. We look to hold our swingtrades for 1/2 day to 5 days. Swingtrading is different from traditional daytrading in that we are willing to hold trades through intra-day price fluctuations. The market always has a dominant trend, however, there are also a number of smaller trends covering various time periods. Swingtrading aims at taking advantage of the shorter term trend changes, or swings, that take place in a stock within the dominant trend to profit in the market. It is said that professional traders need only 1 to 3 setups and tactics to make a very nice living from the market. We will introduce over a dozen such setups and trading tactics that have worked well for us. Brandon www.mtrader.com/swingtrade

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