Friday, May 2, 2008

Why Swing Trading : in Bull Market

Day Trading : I have been day trading for years and I can make good living. In day trading, no matter how good the stock is, it only has few hours of time to move up even I am right. The potential profit is limited.

Swing Trading: Finding a strong uptrend momentum stock in a bull market can make you rich, very rich. With the right stock, I can let it runs for weeks or months to hit 100% to 1000% profit. The potential profit is huge if I am right.

In March, 2008, I read the success story of Nicolas Darvas. It changed my mind to focus swing trading.

As all my students know that I have been day trading and teaching using breakout patterns. I do not rely on the fundamental analysis and I do not spend time to do any home work the night before. In Day trading, I spend the first trading hour to search for momentum breakout stocks with higher volume to trade based on my trading patterns.

With my ability to search the momentum breakout stocks during the first 4 trading hours, and enter the trade for swing proved to be amazingly successful.

After reading 2 extremely success stories about swing trading using patterns. I make up my mind to switch to swing trading. With compounding money management, swing trading can create wealth big time.

In swing trading, I have time to trade for myself and for partners’ accounts.

This program will be active in Bull Market and may stay out in bear market.

Students can learn how to trade with real money in play and I am the partner/mentor.


Now I have the mentoring program for students

About my swing trading