Learn Swing Trading Strategy For Beginners And Dummies With 97.71% Win Rate

Are you a beginner or a dummy when it comes to swing trading? No worries, because today we are going to guide you through an effective swing trading strategy that has a remarkable 97.71% win rate. Swing trading involves capitalizing on short-term price movements in the stock market to generate profits. It requires a unique set of skills, knowledge, and the ability to react quickly to market changes.

The Basics of Swing Trading

Before diving into the swing trading strategy, let's briefly cover the basics. Swing trading is a trading style that aims to capture short-term gains by holding positions for a few days to a few weeks. It differs from day trading, where traders close their positions before the market closes for the day.

Swing traders analyze price patterns, trends, and momentum to identify potential entry and exit points. They rely on technical analysis tools such as moving averages, chart patterns, and indicators to make informed trading decisions. In swing trading, it's important to have a risk management plan in place to protect your capital and minimize potential losses.

The 97% Swing Trade: Learn a Swing Trading Strategy for Beginners and Dummies with a 97.71% Win Rate (Swing Trading Books)

by Tim Morris (Kindle Edition)

4.2 out of 5

Language	:	English
File size	:	2037 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	56 pages
Lending	:	Enabled

FREE

The Swing Trading Strategy

Now let's delve into the swing trading strategy that boasts an impressive 97.71% win rate. This strategy combines technical analysis with a disciplined approach to trading. Here are the key steps:

Step 1: Identify the Trend

The first step is to identify the overall trend of the market or the specific stock you wish to trade. This can be done by analyzing price charts and using moving averages. A general rule of thumb is to trade in the direction of the trend to increase your chances of success.

Step 2: Find Entry and Exit Signals

Once you have identified the trend, the next step is to find entry and exit signals. This is where technical analysis tools come into play. Look for chart patterns, such as triangles or double tops/bottoms, and use indicators like the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) to confirm your signals.

For entry signals, you want to buy when the price breaks above a key resistance level or when an indicator signals an oversold condition. For exit signals, consider selling when the price reaches a key resistance level or when an indicator signals an overbought condition.

Step 3: Set Stop-Loss and Take-Profit Levels

To manage your risk, always set stop-loss and take-profit levels before entering a trade. A stop-loss order is a predetermined price at which you will exit the trade to limit potential losses. A take-profit order is a predetermined price at which you will exit the trade to secure profits.

As a swing trader, it's crucial to stick to your stop-loss and take-profit levels and not let emotions dictate your trading decisions. This will help you protect your account from significant drawdowns and maximize your profits.

Step 4: Manage Your Trades

Once you're in a trade, it's important to manage it properly. Continuously monitor the price action and adjust your stop-loss and take-profit levels as the trade progresses. You may also consider trailing your stop-loss to lock in profits as the price moves in your favor.

Remember to stick to your trading plan and avoid impulsive decisions based on short-term market fluctuations.

Why This Strategy Works

You may be wondering why this particular swing trading strategy boasts a remarkable 97.71% win rate. The answer lies in the combination of technical analysis tools and a disciplined approach to trading.

By identifying the overall trend and using various technical indicators, you increase the probability of making successful trades. Technical analysis helps you spot potential opportunities and confirm entry and exit signals with more confidence.

Furthermore, having a risk management plan in place ensures that you minimize potential losses and protect your trading capital. This disciplined approach sets you up for long-term success in swing trading.

In

Swing trading may seem daunting to beginners and dummies, but with the right strategy and mindset, it can be a profitable endeavor. By following the swing trading strategy outlined above, you can increase your chances of success and achieve a win rate of 97.71%.

Remember to conduct thorough technical analysis, set stop-loss and take-profit levels, and manage your trades effectively. Stick to your trading plan and remain disciplined throughout the process.

So, what are you waiting for? Start learning and implementing this swing trading strategy to boost your trading performance and achieve your financial goals!

The 97% Swing Trade: Learn a Swing Trading Strategy for Beginners and Dummies with a 97.71% Win Rate (Swing Trading Books)

by Tim Morris (Kindle Edition)

4.2 out of 5

Language	:	English
File size	:	2037 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	56 pages
Lending	:	Enabled

FREE

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Stop Listening to Authors Who Won't Show You Proof!
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Condensed stats can be found at - linkpony.com/97stats - with a link to all 10 years of backtesting in Chapter 6

In this book, best-selling, BS-free, finance author Tim Morris goes over a swing trading strategy which he has coined The 97% Swing Trade. By proving the results with over 10 years of data, which include multiple corrections and the crash of 2020, Tim lays out a swing trading strategy that has a 17.50% annual return, an average trade duration of just 10 days, and a 97.71% win rate.

There are no special programs or confusing algorithms required. Everything needed to use this strategy is free online!

Here's the concept behind the trade:
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• Use the free website FinViz to find the stocks which are eligible to trade (which takes less than 5 minutes).
• Put in your order and wait for it to get executed.
• Once executed, sell at the exact exit point Tim provides.

You may have read some books where you could spend hours searching for a good setup. Who wants to do that? This trade is limited to just a handful of stocks, which take all of 5 minutes to find on your computer. This is easily done on the free website FinViz, which Tim of course shows you how to do in the book.

Tim includes detailed charts, trading examples, and statistics to help you understand the concepts behind the strategy. He also gives you the exact entry and exit points, and even where to set your stop loss. Meaning you know exactly where to get in and get out. No guess work! It really can't get any simpler than the strategy Tim shows you in this book

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As a FREE bonus, only for book buyers, you'll receive Tim's special report titled Crush the Market. This special report is packed with 14 incredibly beneficial tips to help you make money in the stock market! This report is not available to the general public, or anywhere else. It exists solely as a "thank you" to buyers of this book.
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Sick of reading about trade ideas that don't work? Here's one that does! Click the "Buy Now" button at the top of this page and pick up your copy of The 97% Swing Trade NOW!