Averaging down is adding to a position as the trade loses money. The logic is that buying at lower prices reduces the average price of the position. This increases the gain if the price goes back up, or gets the […]
Educational articles on swing trading stocks including strategies, risk management, and other tactics.
Learn how to swing trade stocks using the trend channel strategy, including how and when to enter and exit trades, how to manage risk, find stocks to trade, what indicators to use (if any), and when to avoid trading. Swing […]
I have precise reasons for taking trades, and precise reasons for not taking a trade. When it comes to taking long swing trades, these are things that tell me to stay away. First a bit of background. I swing trade […]
Use this screening method to stay on top of hot stocks, know when they are setting up, and have your orders placed for when they explode. This is how I scan for cup and handle and triangle (contraction) patterns. The […]
The double consolidation pattern strategy occurs as the price is starting to move up off a pullback low. It should only be traded when the stock is in a longer-term uptrend. It signals the pullback is likely over, and a […]
Triangle patterns are one of my favorite stock swing trading strategies. While triangles are a common chart pattern, I require very specific criteria to materialize in order for me to take a trade. I also call triangles “contraction patterns”. I […]
A profit target is one of the ways that we can exit a profitable trade. I use profit targets on most of my stock swing trades because it gives me a clear-cut exit point, lets me assess my reward-to-risk ratio […]
Use this swing trading trade log to highlight weak areas in your trading. See areas for improvement. The formulas can even calculate your ideal position size for you. A swing trading trade log is for tracking trades, including basics like […]
Trading Courses
My Favorite Charting Platform
