Thursday, April 11, 2013

Welcome To The New Southernmost Swing Trader Blog

As some of you already know, I have started a blog of "safe" Dow 30 trades which I use swing trade timing to enter and which I intend to keep as Long Term Buy & Hold investors - such as my family. The name of that blog is The Dow 30 Swing Trade (LTBH).  

This new blog, Southernmost Swing Trader,  will be for those of you who might want to try pure swing trading without a bent for Long Time Buy & Hold Investing (heretofore abbreviated as LTBH Investing).

Here, instead of focusing on Dow 30 stocks with healthy dividends, we will be chasing stocks with volume and big average true ranges in share price.

Here, we will watch momentum stocks.

Here, we will watch hot sectors in play.

Here, we will trade both bullish and bearish ultra ETFs.

Here, we will embrace volatility.

Here, we will employ stop/losses. Rarely will average down on any position. Many times we will average up on entry positions.

Most of our trades will last 5 to 7 days. A small handful of trades, perhaps 10% to 20%, will develop into holds which stay in place for a few weeks, or until the primary trendline gives way and we are stopped out after having raised our stop/losses numerous times.

Here, we will not drill down into Financial Analytics, but will employ Technical Analytics to find high probability setups

Here, we will share trade secretes and stock tips to make us all emotionless traders bent on beating the markets weekly, monthly and yearly.

That said, get ready for my first pick which I entered just yesterday.

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