Friday 10 March 2017

How To Pick Easy Swing Trades

In trading, it is very easy to make our life harder than actually needed. Most people, instead of picking the easy ones, try to fight the market for whatever reasons, and as a result, overtrade, and get into trades that are hard to manage, thus they make more mistakes, leading to worse results and tilt, and so on. Does it really have to be that way? Of course not. In this article, I want to show you what an “easy” trade looks like, and what “hard” trades look in comparison when trading my swing trading strategy. Ready? Let’s go.

Key Takeaways:

  • Most people, instead of picking the easy ones, try to fight the market and end up overtrading and getting into hard to manage trades leading to more mistakes and worse results.
  • Only trading charts that appeal to you visually makes it easier for you to manage your trade, hold your trade, and exit your trade, leaving much less room for mistakes.
  • Look for S/R levels, divergences, trend lines, and macro structures: triangles, horizontal ranges, head & shoulders, double tops and triple tops / bottoms.

"I think it is incredibly important to only trade charts that appeal to you visually, as this will make it much easier for you to manage your trade, hold your trade, and exit your trade, thus leaving much less room for making mistakes. This makes our life easier."

http://www.tradeciety.com/how-to-pick-easy-swing-trades/

Originally published at How To Pick Easy Swing Trades

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