deleted wrote:quote="deleted"][There are many shares great for swing trading. Find them. Buy small amount if the volatility is low. Buy massively if volatility is high. Points to remind
1. Draw trend line for support and resistance( There must be a sufficient gap between them.( I prefer 10% price gap)
2. Watch the volatility
3.Buy close to the support and wait ( Buying amount depends on volatility)
4 When the price gets closer to the resistance line ,sell ( Be the first to sell if the volatility is low/quote
which techinque we can use to draw trend line? I have heard of Moving Average, but not used it.
I dont do any drawing, since I dont know how to draw or it takes lot of times for me,
I go throw historical trade, but it is difficult to know the resistance and support levels. so i concentrate only few selected shares with strong fundamentals.
Thanks for ur valuable ideas...these details guide me to do my own way to make my profit making plan.. Have to find what are the swing stocks.. and what are the bottom of them..Every word are nessasary.. Hats off experts for ur instructins