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Bursa Malaysia => Equities => Topic started by: earwax on May 24, 2007, 05:45:55 PM

Title: What is Swing Trading?
Post by: earwax on May 24, 2007, 05:45:55 PM
What is Swing Trading? Is it true they don't need to be aware of stock market news and gossips?  ???
Title: Re: What is Swing Trading?
Post by: Maxforce on May 24, 2007, 06:14:04 PM
A type of trading method based on TA.
In actual fact, best to avoid all gossips.
TA wise will discount any news as well as price would have been reflective.
Title: Re: What is Swing Trading?
Post by: limpeh on May 24, 2007, 09:23:06 PM
Swing trading is just a buy low sell high in range market. u won't make big money in swing trading
Title: Re: What is Swing Trading?
Post by: Maxforce on May 24, 2007, 11:01:32 PM
Lim peh ka lu kong ar, swing trading si beh tan tua dui  ;D ;D ;D
(Hokkien version)  :P
Title: Re: What is Swing Trading?
Post by: earwax on May 24, 2007, 11:03:54 PM
I don't understand... If not using TA then what method can make big money?  ???
Title: Re: What is Swing Trading?
Post by: Maxforce on May 24, 2007, 11:06:14 PM
TA is a tool.
Using that tool, many systems can be created.
Swing trading capitalise on short term movement - profit target usually is modest.
You would not see like super run up in a swing trading system.
Title: Re: What is Swing Trading?
Post by: Rocky Pair on May 25, 2007, 02:45:58 AM
Sometimes little bit add together can be a big plate  ;D
What do you think of Bill Wermine's Swing Trading method?  Boleh pakai?
Title: Re: What is Swing Trading?
Post by: limpeh on May 25, 2007, 07:43:45 AM
Swing trading vs trend following. just like take small profit each time vs catch one big trend one time.
Title: Re: What is Swing Trading?
Post by: Nanzhan on May 26, 2007, 01:09:33 PM
Like that, by using swing trading, have to be full time trader right?  Or else, where got time to buy low sell high many times... :P
Title: Re: What is Swing Trading?
Post by: Maxforce on May 26, 2007, 01:59:10 PM
Not necessarily.
Swing trading can be adjusted to different timeframes
Title: Re: What is Swing Trading?
Post by: earwax on May 26, 2007, 06:55:36 PM
Swing trading is just a buy low sell high in range market. u won't make big money in swing trading

What's the problem with making small profits in the stock market?  ???

Small profits many times = Big profits
Title: Re: What is Swing Trading?
Post by: limpeh on May 26, 2007, 07:56:17 PM
consider ur winning rate is 50%, win small rm500, loss big rm2000. over the long run, u will loose.

Unless ur winning rate is more then 70%
Title: Re: What is Swing Trading?
Post by: Maxforce on May 26, 2007, 09:51:29 PM
That would apply to any strategy if the system is only 50% winning rate and win small and lose big in relative to each winnings. Not a fair benchmark I d say.  :P
Title: Re: What is Swing Trading?
Post by: limpeh on May 26, 2007, 11:35:06 PM
trend strategy is different, winning rate only 30%. Capture one trend in one year will make u million.
Swing trading just like punt a stock. Find a tight range, buy at support, sell at resistance. Or buy at oversold, sell at overbought.
Title: Re: What is Swing Trading?
Post by: Maxforce on May 26, 2007, 11:51:50 PM
Swing trading could have 70% winning rate. Capture many trends, could also make you a million.
Trend trading to make a million in a year? That depends on what sort of ROI are we talking about and what sort of capital base?
Title: Re: What is Swing Trading?
Post by: Calvin Wong on May 27, 2007, 12:34:29 AM
Is it easier to find swing trading opportunites vs. trend trading opportunites?
Title: Re: What is Swing Trading?
Post by: Rocky Pair on May 27, 2007, 03:30:23 AM
Certain counters offer good swing trading opportunities, whereas some others may be flat most of the time.
Title: Re: What is Swing Trading?
Post by: swingtrader100 on May 27, 2007, 07:56:41 AM
Dr Alexander Elder describes Swing Trading best in his book "Come Into My Trading Room: A Complete Guide to Trading".

Quote...

Markets spend most of their time going nowhere. They rally a few days, pause, decline a few days, and rally again. Small swings-weekly, daily or hourly-are more common than big trends. By the end of the month the market may be higher or lower, but it has traveled up and down several times. Newcomers get shaken out, while professionals enjoy the short rides.
Markets' tendency to swing above and below value has been statistically confirmed by several researchers. Swing trading means buying normalcy and selling mania ( buy near rising moving average, sell near the upper channel line)  or shorting normalcy and covering depression (sell short near the falling moving average and cover at the lower channel line).

Unquote...
Title: Re: What is Swing Trading?
Post by: Maxforce on May 27, 2007, 09:12:14 AM
Good to see you here, swingtrader!   ;)
Title: Re: What is Swing Trading?
Post by: swingtrader100 on May 27, 2007, 09:24:03 AM
Thanks, Maxforce.