Best stocks to swing trade reddit

Just want to make sure I am protected a bit on the downside. The art of it is trade design. People lose their accounts by trading more than 3 or 4 percent of their total value (in option value) on one single trade. W [Wayfair] = Wayfair has its base of customers that are loyal to it. Meta (formerly Facebook), Apple, and Microsoft are suitable stocks for swing trading in certain market conditions. People choose swing trading because they basically think they get more profit long term then just holding a stock. Reply There is no snark intended, it's really advisable that you do not swing trade due to your lack of experience. Undersea cable from major solar farm project in Top End could supply Singapore with sustainable electricity by 2027electricity would flow 750 kilometres to solar battery in Darwin, then run by submarine cable 4,500km to Singapore, supplying 20% of demand, with plans to continue to Indonesia. However I recently back tested a swing trading strategy and I am going to go live for the first time. 4 & 5. Thats not bad, but. Hope you actually take the time to do some research and feel free to pm to follow-up, but the Exactly, similarly i traded on the IT index when it hit low, was an obvious move and basically free money. e. 53 subscribers in the BeachBumTrading community. It's so predictable. Less stressful. Look it up. TOS is the most Advanced and is great for research and set ups. Forex_Trader00. First learn about the fundamentals of risk management. So let’s first separate ways how to swing trade penny stocks. For the market to beat its ATH, bank nifty is bound to perform as it holds a big % in nifty. I want to upgrade my positions in these stocks, hold them as long as the company grows, and get rich in a decade with them. To trade them you need real capital to make any money. Risk Tolerance: Max 2% capital risk per trade. I've gotten some fantastic investing tips from CEO's that have had some amazing information on somewhat obscure podcasts. It follows the SMA 20 almost perfectly. Reply reply. The value of your trades should equal a few % of your total funds available for trading. Once you have a list of potential stocks for swing trading, you need to apply some stock-picking strategies to narrow down your choices and find the best candidates. . In short, short selling is more complex trade when you try to profit from falling prices. s. It also can mean larger losses but that why you need to develop a solid trade strategy and have great risk management. There are forums as well as suggestions. I'm looking at going back and forth between SPLG (S&P 500 but shares are at a much lower price than SPY), and SH (inverse S&P 500). Stocks don't move without people trading them and people trading them = volume. First rule of swing trading - if you are trading from the long side only trade stocks, ETFs with a positive uptrend, in a bull market. Well managed company with good leadership. Its not easy to make money. It’s pretty amazing. My trading is grounded in technical analysis and using it to make short term profits (1-5%). If I were to use only one indicator it would be the DPO, detrended price oscillator. 50. Holding longer for more than a year. (GME): Average Day Range (30) is 22. Read the following research paper about "swing trading" . Keep adding filters until you get to a list of no more than 10 stocks. Say 2%. 23 at market close. Agreed - I have no problem with Schwab and SSE works just fine for swing trading. With a $4-5 movement mostly sideways, not tons ov volatility. But yea, u can swing trade other growth stocks while u set ur investing stocks aside collecting divs and compound interest. I got in for 300 shares at 35. You can do this on tradingview or any other charting platform. Make entry once high of RED candle is RETESTED. 70 and its previous close was 3. You can’t see it on this chart, but last Jun 29, 2024 · The list below includes stocks between $6 and $135 (with the occasional exception). 2) Stop trading slow as fuck megacap stocks with a small account. The Best Swing Trading Stocks List was updated on July 1, 2024. ROIV, my favourite swing play since December. The best stocks to swing trade have high liquidity, volatility, and price action, offering traders many opportunities to earn a profit. Stock. 229K subscribers in the IndianStreetBets community. If you lose, you lose small, if you win, you win bigger. 3. Bajaj Auto Ltd is one of India’s leading two-wheeler and three-wheeler manufacturing companies, known globally for its motorcycles, scooters, and auto-rickshaws. Finding courses tailored specifically for swing trading can be a bit of a challenge. If you see it vice versus, longer passing above shorter MA = bearish. 00$. My picks are: XLM, DGB, UMA, ADA, GRT, ETH, BTC. I also trade other high volume stocks like Palantir, Mara, Intel. 50 to $1. This example is more like day trading, but these stocks could be held longer than a. Just curiously wondering how other people do their own research and to find good stocks to swing trade :) Nov 13, 2023 · Some of the popular social media platforms for swing trading are Twitter, Reddit, StockTwits, etc. If not I will buy more 😂. I can scan through 200 charts in 30-40 minutes, and find excellent swing trade setups, both long and short. Have a 9-5. The main ones I am using are TQQQ/SQQQ for the general market, TMV/TMF for the bond market, OILU/OILD for oil, and DRN/DRV for the real estate market. Trading Strategy Simplified. You need to validate it – looking deeper into the technical analysis and determining if 1) it does in fact meet your criteria and 2) where the opportunity is. Remember, shorter term crosses above the longer term = bullish. Basically you can swingtrade any crypto and make profit. and not some meme shitcoins. X. The universe or somewhat liquid stocks is small. I'm just looking to take it day by day and week by week. Swing trading in the forex market can be worth it if it fits your trading style, financial goals, and risk tolerance. Ive taken a position everytime SMA has crossed the SMA 50 and have made great profits so far. Overall, risk/reward isn't too good here so I'd pass. First, you can short sell penny stocks and really it is one of the most profitable ways to make money in this niche. Above 3B market cap; confirm sector is not over valued either and then it’s a worthy swing candidate. Best resources for swing trading. This ties in with #2. The one HUGE advantage that small accounts have is that they can trade the fast, explosive, hard moving small cap stocks without having to worry about issues like Welcome to the BeachBum Trading Reddit Community where we strive to help You Learn How to Trade so that you may achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! If I was to search for a stock with rel strength on the daily, high relative volume, price over the previous day, stock over 50,100,200 SMA on the daily, with an HA continuation on the daily as well, I would get a list of very strong stocks that all have bullish trends and after taking the market into consideration might be good prospects to swing. "Governance through Trading: Institutional Swing Trades and Subsequent Firm Performance" Published online by Cambridge University Press: 16 May 2013. 000Z The most recent quarterly earnings call is the bare minimum homework you need to judge the prospects of a swing trade. You might capture a huge move on the next day. Volume confirms moves. We would like to show you a description here but the site won’t allow us. Which tells you that yesterday it was at 3. People choose long term if they don't have time to trade or simply don't want the hassle (or pains) of trading. These are the best stocks for swing trading based on two different scanning methods. this gives setups for stocks with basic uptrend that suddenly go oversold on an intraday basis. Today, it opened at "x" during pre-market and traded during the day. When I see people with sub-million dollar accounts trading stocks like Ford or even Apple, I can't help but cringe. Swing trading strategies #1: Trade the box. Buy and hold solid companies long term in your custodial account, Build on it. If you’re looking for a shorter-term swing you can look for MA20 crossing above MA50 or experiment how you like. Be consistent and stick to your plan every time We would like to show you a description here but the site won’t allow us. Is Futures best? I’ve seen that with micro contracts, the capital requirement is low. Another swing trade I made is PLAY, coming off of strong revenue growth and stock repurchase plan. YouTube has plenty of videos to help with your setups when you choose. You will need to adjust the criteria on a weekly basis to find at least 5 to 10 stocks, but not too many. Normally you use the higher timeframes for the 'big picture' (i. Ever wonder what stocks we're looking at for SwingTrader ideas? This swing trading watch list will let you sneak a peek. Easy money. Gold miners are quite volatile. Then narrow it down further to 10-12 stocks in a watchlist by looking for tight consolidation in the charts and a low-risk pivot entry. I have TOS by TDA. For the same effort, your runners are more likely to have big games with the stock where as wity the index, your runner tend to inevitably stop out. Now, obviously not all stocks perform like this and there are many reasons why this stock performs the way it does. That's why I'm saying it's a good time to swing trade it. Trading platforms are Just like driving your car, you need to be comfortable in your seat. The list is updated near the beginning and middle of the month. No way, 5-10 is far too few to look at. I follow fairly simple things. It is possible, but I always tell people the best thing to do is start out swing trading - each week look at 5 to 10 good stocks to swing trade, examine their charts, find the best 2-3 and then decide on whether to use a spread, straight options or buy / short the stock - if you can make money swing trading first it makes you a better day trader when you finally switch over. Once you have a grasp on how to read a candlestick chart, you will need to learn about support and resistance levels. Best swing trading . Going to take a look at the potential oil stocks you mentioned. Swing Trading Stock Picking Strategies. Made around 200% in that period. You can do searches that are very specific with many variables. Ok thanks! It would be cool to have a discord or group to chat about TSX stocks. Just because your stock screener brings in a candidate, doesn’t mean it’s automatically a great swing trading stock pick. A $4 move to make $100 requires 25 shares. This also with a close > 5. Cheers to profitable trading, everyone! EDIT: I am mostly looking for stocks that have a market cap of 20B or higher. If the company still looks interesting, I do a deep dive for info. you can adjust the RSI to at least 30min for swings, and perhaps drop the vwap scan or adjust it. It has a a 73% win rate over years of data on a variety of stocks and futures. Mihir Parekh , Business Operations 2023-10-12T09:00:00. AAPL is 145-155/ share. Stock market seems not ideal because not 24h to swing trade. Here is an example of a basic risk management plan: I buy a stock at 100$ I will sell for a win if the stock reaches $110 I will sell for a loss if when the stock goes to 95$ That gives you a 2:1 ratio. I am curious if anyone else swing trades similar instruments (the non-leveraged A simple screener of 50 day moving average of volume greater than 50k a day returns a TSX list of probably 350-400 tickers right now, including some ETF’s. Just add a simple 20 day moving average to your daily charts and if that average turns down DON'T try to trade from the long side - it's like Currently trading: LRCX UCTT AGFS AGEN CCXI EFX PTCT SPPI. I can show you how to take a great company, such as AAPL, and design different trades that will accomplish different goals, depending on your capital, target % gain, how long you want to hold, and what your risk tolerance is. Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Variable trade sizes is a slippery slope into emotional trading. So many investors actively participate in the ETF market and this prevents too much volatility from occurring. Volatility = larger swings in price = more money. Higher risk for swing trades? Discussion. 244,564. Your trading plan might look like this: Goal: Achieve 15% annual return by swing trading major Forex pairs. I think for those who scalp and take many trades it would be appropriate to risk a small amount like 0. I too bought some HDFC and Kotak a few weeks back when the market was near ATH. 50, and your contemplated trade would be worth around $6,000, a loss of 4,000. this scan is for day trading uptrending stocks so can be adjusted for swings by changing the RSI period. and a stock price of Rs. 50- 40. Right now - look at Oil & Gas which is breaking out - small caps are leading CJ, WTE, BTE - VET is a notable laggard - these should be good trading stocks for the next few weeks/months. Apr 30, 2024 · Swing traders use technical analysis to make trading decisions. Been learning trading for 3 years now. If AMD were to move down one dollar, that option would go from about $2. 4) Is there any way to see how a stock is trading PRE-MARKET using the screener? The biggest thing I am looking for are GAPS in stocks from premarket to close of day or just gaps in general that the screener can find. I like swing trading way better: It's more scalable. 5% of account. Once you learn that, you will be able to locate swing high/swing low set ups at major support/resistance. •. The company, as of 30th April 2024, had a market capitalisation of Rs. 8M subscribers in the stocks community. A lot of the smaller oil firms are quite volatile right now. I also like TradingView. But I also do long term investments at the same time. After that, you'll be ready to learn about entry and I see more people daytrading options on those FANG type stocks. Patterns occur across timeframes. As a swing trader, fundamental analysis is completely irrelevant to any of my trading. Train yourself to only choose stocks that have strong daily trends as you will have to hold most of your trades overnight. this video is about day trading and not swing trading. It’s a coin flip. You should search on youtube for finviz. Related: Top Stock Investment Newsletters. For my swings I add them to my watchlist but I only really take swings 2-3 times a week if that, my requirements for a swing are very picky. Then I look into company to see if it’s a good value. I used to stare for hours at a screen watching crappy stocks move like . Thanks for Same techniques from day trading can be applied to swing trading, just on a higher time frame and trades take longer to hit target or stop loss. Swing trading, you want to first see the larger picture, the weekly chart. 19. I don't use fibs very often on stocks, though sometimes on index/ETFs/futures. This paper tells that swing trading is profitable Hi, 5000 as a capital would not be enough to start swing trading, this capital can easily be used up by buying a single share of 2-3 companies, that would not provide you with enough data points to learn much. 68% and Average Volume (30) is 91 million. Learn how to swing trade first. ETH. P. I used to swing trade on Bitf. First, you'll need to learn about price action with candlesticks. It was nice to finally have a bit of calmness in the markets last week amidst a month of Looking the last 10 years over it usually performs well between September and January, about 70% of the time (some of its best runs came from fall - late winter). Determine closest levels of support and resistance. $42 would be a logical place to sell for a profit. pm. Trendlines and MACD and moving averages I find work best. Now I trade mainly at the close and open, but still monitor occasionally throughout the day. Great stock to swing trade. Here's some things I've learned / would recommend you do to be a better trader. In fact, if you’d like to learn, there is no These are the best swing trading stocks based on strong recent movement, either up or down, for buying or shorting respectively. Simple: Find bullish engulfing pattern on YEARLY chart. o Over the last few months, I believe I have finally figured out how to swing trade stocks using fundamentals (most importantly), technicals (for entries and exits), and indicators to show me more data on that stock (remember though, price action > indicators, so let the market do the talking). I have learnt a lot about fundamental analysis and i am very confident in my stock selection. Hello all, Here is my plan : I have some stocks that i want to hold for the long term in my TFSA. I usually have 5+ tickers on my watchlist but im only trading NQ intraday with 1 other stock pick to trade options on. this market is looking very bullish), then use a shorter frame to capture that bullishness in a trade. Just make sure to pick cryptos that have a future. Swing Trading ETFs in 2023. 15 in a day. Then I look for rsi divergence to suggest a potential bottom. 75 and take a small loss. Feb 9, 2022 · The best candidates have sufficient liquidity and steady price action. You have several thousand other stocks to choose from if you're swing trading, don't get hung up on just one. India's fastest growing trading community! Discord. 65. TheRandomnatrix. What are some of your favorite stocks to swing trade? Coins. Only 3 day trades, If you do four in a 5 day period you will experience PDT rules and I believe won’t be able to day trade for a while. Reddit. I swing with their recommendations rather than hold long term b/c lots of their stocks have done poorly this year. And I know some of you may not be familiar with short selling. Losing streaks from day trading kills confidence quick. With your attitude, nobody should ever get into trading (except for yourself of course) I am doing it for almost a year now. Welcome on /r/stocks! Don't hesitate to tell us about a ticker we should know about, market news or… LOL. I would recommend you can learn technical analysis and do paper trading use google sheets to record your entry, exit positions, stop Looking forward to hearing your thoughts and discovering some hidden gems for potential swing trades. I also use Bollinger Bands but modified to be MOBO bands. So your using $3000 to make $100. Volatility is great for swing trading, 2022 was my best year yet. Furthermore, ETFs are incredibly safe as they’re already diversified investment vehicles themselves. I'm trading a stock or option or futures contract, not a company. That means all your big stocks like apple, Amazon, meta, etc. Paper trading too. YouTube. But if you want to use a different one, stockfetcher is worth considering. Reddit . Like any trading strategy, swing trading involves risks, and success depends on various factors such as market conditions, discipline in executing your strategy, and effective risk management. Sep 13, 2022 · The main reason investors like swing trading ETFs is the liquidity they offer. You actually want high relative volume to indicate that there is heavy interest in the stock. Dividends are more for investing. I find having more than 2-3 swings causes me mental fatigue so I keep it to that. to and made around 2500 in couple of months. Our focus is on trade setups where we expect to And if market turns into a trading range Just place a wide stops for both short and long and go for a walk or don't close your postions at 3. Yeah, Motley Fool is for investing, but I use it to swing trade b/c there is usually (but not always) a large surge whenever they recommend a stock. Depends on if it looks like a short term uptrend or downtrend on the daily chart, plus what's in the news. To see if Individual growth stocks are more prone to parabolic moves. 14 votes, 15 comments. Sep 13, 2022 · Validate Your Opportunities. Top Swing Trading Stocks to Watch 👀 | 1/22 – 1/26/24 | LAND PALL TECS APLY FNGD LABD SIJ MOS & More Example of a Trading Plan: Let's say you're a swing trader focusing on Forex pairs. Instagram. And generally you don't preset your sell point. 30 with a target price of 39. Most fundamentalists are swing traders since changes in corporate fundamentals generally require a short amount of time to cause Narrow it down further by using relative strength against the Nifty50 and eliminating underperforming stocks. While these funds are typically used as long-term Top Swing Trading Stocks to Watch 👀 | 6/17 – 6/21/24 | FNGD SIRI CPSH MEXX MOS PBT SOXS INTC & More We would like to show you a description here but the site won’t allow us. It's a lot easier to trade ETFs - the bigger ones like QQQ, SPY etc. RH is the worst and will not be open for two days!! Webull is right in the middle. Relative Strength means the stock performing stronger wrt to the broader markets. To narrow down my universe, find Relatively Strong stocks (don't confuse with RSI). Best range 4-5% ka return mil jayega or baki iske baad thoda dyan se dekh kr rakhna caho or wait karna caho to kr skate ho , and swing trading accha hai but tumhe daily 1-2 ghante dene honga , mai khud intraday, swing, long term karta hu and mujhe 4-5 ghante deta hu and maine kuch subscription bhi liye hai screens ke ye trading ke chakkar mai khana khana bhul jata hu mummy se daat padti hai Feb 18, 2021 · The swing trader who bought XLRE stock just above $38 would sell at $37. Game Stop. Thanks for sharing. Not sure about what you mean by "sources", to my knowledge, there's not a ELI5 post nor a "Swing Trading for Dummies" book. These can be put together into a weekly watch list called “weekly trending stocks”. May 17, 2024 · Bajaj Auto Ltd. Look into market/volume profile, speeds up the process a lot and makes it pretty easy to figure out the direction and sensible SL levels ;) I love swing trading. You'll learn more than me explaining it. Welcome on /r/stocks! Don't hesitate to tell us about a ticker we should know about, market news or financial education. 26 cr. Strategy: Identify trend reversals using a combination of moving averages and candlestick patterns. My advice to every new trader is the same – start out with $5,000 or $10,000, use a margin account (2X margin) which gives you 3 Day Trades every five days. There are a huge number of good stocks. Average Day Range % only averages the difference between daily highs and lows, no gaps. 5. There must be a better service that is explicitly for swing trading. The only thing Schwab lacks is a simulation platform for paper trading and testing strategies, but TC2000 works great for that. Swing trading is more of a short term trade, culd be a week, a month, couple of months. This helps you better understand the trade setup so you know how to apply it to your trade. Personally, I like trading individual stocks that offer a 40% swing and there are plenty to choose from!! May 7, 2024 · 11:30 AM ET 05/07/2024. It is currently at all time lows and if we see a spike in volatility you could make a fortune off of a swing trade. Don’t want all my money disappearing :) And you are able to find more FinViz features on the dashboard. 14. 23. few days and sell Hello, I am currently focusing more on swing trading and am starting off by learning on triple leveraged ETFs. But please, read the sidebar rules before you post. - you don't have to worry about your losing postion as you are already taking counter measures. STICK TO THE PLAN. Will you increase your trade sizes? Yes, but only through making actual gains. This may not be a splendid example (stock wise) but "HOLO" today - was at 2. Rsi and ppo. What resources are best for this approach? You'll need to have or somewhat acquire knowledge and understanding of the stock market, stocks, trading in general; also it wouldn't hurt business and general economic principles. VXX or UVXY Volatility is relatively close to all time lows and it can only spike up from here. No more daily mood swings. reReddit: Top posts of January 27, 2018 I scan for a low RSI14 and low MFI14. 11 Share. Welcome to the BeachBum Trading Reddit Community where we strive to help You Learn How to Trade so… We would like to show you a description here but the site won’t allow us. The swing trading strategies that I am going to share with you have self-explanatory names that tell you more or less what it is all about. I have seen a lot of go to courses for day trading which are easy to find but the result oriented "swing trading" ones are few. The 5-minute charts are provided by TradingView. All your trades are 2% so that you stay consistent. If a market is looking very bullish on the 1D, and you see a very bullish setup on the 5M, probably a good trade. Swingtrading Cryptos is easy, cheap and if done right you can be very sucessful. The fact you just received a custodial account means you've just turned 18 and lack experience. Some of the main things to consider seem to be volatility, stock price, volume. At the same time, you do want to see low (er) volume on pullbacks after large volume spikes to indicate that it's just profit-taking vs a fundamental sell off. Been swing trading since last 3 years with consistent profits. 8,903. ih bh qe qv te df mx is qh xm