Contents:
Swing Trader s Insight By Scott Hoffman Introduction This trading sheet is a guide to swing trading By swing trading I refer to trades that are held longer than day trades but shorter than long term trend followers In swing trading you are looking to get into a trade one day hold it overnight or a few days and get out as the momentum changes A swing trader should always be working to minimize a loss and although the profits from trading in this timeframe are generally modest hopefully the winning percentage is fairly high Swing trading has two modes The first is swing trading which has its basis in George Taylor Douglass book The Taylor Trading Technique Taylor was a floor trader at the CBOT who kept a detailed trading diary and developed a mechanical trading system from it If you really want to get to know his take on the system read the book But be warned Taylor was a dry Continue to download »
Sponsored Links
Trend Day Finder Help Professor Seyhun studied stock market returns and risk for all months from 1926 through 1993 and for all trading days from 1963 through 1993 The index gained at an average annual rate of 11 83 for a cumulative return on 1 00 of 23 30 over 31 years If the best 90 trading days or 1 2 of the 7 802 trading days are set aside the annual return tumbles to 3 28 and the cumulative gain falls to 1 10 University of Michigan finance professor H Nejat Seyhun for Towneley Capital Management A trend day occurs when there is an expansion in the daily trading range and the open and close are near opposite extremes Linda Bradford Raschke professional trader Trend days open have little adverse movement then move strongly and close near the opposite extreme of the day s trading range They can have 3 or more times the open close point range of non trend day bars with 
