I Took A Couple Years Off Of Work To Swing Trade. Here’s What Happened.

This is what I thought it would feel like swing trading:



This is what it often really felt like:


I’m not a licensed broker or an investor either. It’s not always easy to get rich quick through investing. You can lose your money. A stock market advisor or broker who makes a living as a trader can.

If you don’t already know the answer to this question, then it’s time to figure out. You can make as much money as you like if you take time off from your day job and devote full-time to affiliate. Of course it is. But, to really make the most of your product, it requires a couple of factors:

You need to put aside at least $50,000. [You should use this version because it’s simpler. You should buy a lot of Amazon.com shares to make any real money. You have patience to learn the craft. Learning the technical side of trading takes ten weeks or ten years.

You’re determined, and you’ve got the talent and dedication it takes to become a master. Being level-headed is key to succeeding in business. Technical trading is about noticing patterns and taking the necessary steps to ensure that you’re successful.

You can’t be influenced by the news or sell emotionally. And, you must be able to mentally handle any losses and financial setbacks. You have the access to technology. You may pay for some sophisticated tools that are available for your business or to do a better job, but they

You don’t need any special skills or tools to become a freelance writer, and all you need is a computer, the internet, and good writing skills In order to invest in the stock market you’ll need to have at least a few basic principles in place. I’ve been trading for over a year now, and it has changed me as a person.



I took time off from teaching college and high school business courses, then started trading stocks. It was like early retirement for me. I had all the time in the world to do whatever I wanted. I never thought I’d be back in school. As a frugal guy, I’m still experimenting with money-making opportunities at my disposal.

You can swing trade or use options to make money. Both are risky, but if you follow the advice in this book, you will find both are profitable. Sure, but they’d probably trade in their moms and dads’ names.

It was really the technical aspects of trading. View this 2m video of you are not familiar with the difference.) I took a short course on charting, read a couple swing trading books, and then I was off to the races.

This book will teach you to do day trading, but it won’t teach you how to day trade. My biggest wins have been from swing trading. I would buy and sell a stock after holding it for a few days or weeks.

I had to go to several websites and forums to find out what the heck was going on with this product. It wasn’t until I visited Amazon that I discovered I was actually buying a $5.99 USB device.

My criteria in the beginning was to buy “long swing” stocks that were severely undervalued from a fundamentalist’s perspective. If I get it wrong about the stock, I can wait and then buy more once it’s sold out.

This was an awful strategy. Technical traders should never look at the longer-term horizon. In fact, the company could go bankrupt in the few months and it wouldn’t matter at all.Q: Uncaught ReferenceError:

Don’t wait until the very end of your session to begin making money. You don’t want to miss a single transaction if you can help it. Fundamental analysis is an aspect I like about technical analysis, but I don’t like it about fundamental analysis.

With fundamental companies, I could talk about them to other people and (maybe) predict their future growth. It was fun to read about these companies in the news and follow their innovations.

Technical trading requires extensive and expensive training in order to know which companies to trade. Swing trading does not require training or education. Your mind is a powerful tool. It’s the most important thing you have, so why not use it for what it’s good for?

Early Swing Trading Efforts

It’s early, so it’s not quite as robust as it is later. There’s nothing wrong with trading stocks, but if you’re going to trade, stick to trading the stocks that other people around.  The S&P 500 companies include NFLX (Netflix), AMZN (Amazon), ATVI (Activision Blizzard), and MU (Micron

I have mainly worked with technology and pharmaceutical companies. Being focused is important. The Motley Fool guys talked me into buying their stock advisory service. I made a mistake of listening to them. My mistake: I was talking to the wrong people. The short-swing traders are not interested in growth stocks.

You should own at least 10 stocks and perhaps 20 or more. It’s a great strategy for new traders because it can limit the number of stocks they need to track. Three is just fine unless you have lots of time and money. The reason is that you’re trying to learn about the companies that you invest in, or have investments in.

It’s really difficult to put all this data on a single company, in a single page. Imagine being able to make such a great decision with many different stocks. The more different things you do, the better your skills will be.

Swing traders look for a pattern, and there are many criteria in the mix. We can talk about trade volume, standard patterns (like “cup and handle”), and stock price — but that’s for another time.

You have to decide what the most logical, most common, or most used patterns are for your company, and you should also know what the patterns were that helped you to win in the past. It’s like playing a game of chess with a huge countdown timer just in front of you the whole time.

It can be very stressful when you’re processing data and making your move in real-time. A trend can start any time and can be very profitable for you if you are aware of it. But to really make money on trends, you need to be aware of them from the beginning.

You can make money by doing anything you want, as long as you have the proper skills and take action. Let’s say you start with a $100 investment. Take 100 shares of AMZN and multiply by the price you paid. If you bought $500 of shares, you just walked with $5,000.

There’s a broad continuum from where the trade lands, and you get better at timing as you gain experience. Short selling is the same concept as the “put option. Short selling is like betting against a company. You predict their stock will fall and when it does, you gain.

A lot of the time I steered clear of shorting and options. They were too technical and risky for me. As I mentioned, I’m not a pro at trading, but I do have an extensive experience in online trading.

Good Data, Not More Data

What I learned quickly is it’s not the amount of data you collect on a company or trade. It’s what the quality of the information is and the accuracy of that information. What matters is the quality of data. You can spend days or hours just on one trade, but it’s more effective to act on a solid trading strategy, which is enhanced by higher quality data.

I lost a lot of money when I compared so many patterns for one stock in one time period. My brain exploded. But then I recovered and focused on just a few patterns and a few companies. I’ve set up watch lists and alerts. I even had my trading day planned out.

In the end, I traded maybe 2–4 hours a day max, if that. With my experience, I would only recommend trading 15 hours or less per week. You might be able to trade even less, but I would say no more than 15 hours a week.

There’s no doubt that substitute teaching is a job for the ambitious. You make $155-$180 a day before 11 am, even while sleeping. When you were consistent at this it was just a waste of time. It’s fun to make money part-time, but it’s even more fun to get paid well for what you do.

Bad Trading Moments

The one day that I remember well was late August 2015. I lost over ten thousand dollars, and it was unsettling. Everyone was shocked by what happened today. This sounds like a rough time in your life. But in a few months things will get better. You’ll get all your money back.

Valeant Pharmaceuticals is another company that made me a lot of money. At first, I thought they were a scam. That one has gone for $13 today and if I hadn’t sold it a while ago, it’d be worth more than $50.

I lost thousands of dollars and it was painful to watch the drama all around this unfold. I could see myself living in that house. I would have a place to call my own. There’s always going to be something good about it.

Recently, I was watching a diabetes medical device. It looked like a cool gadget and it was made in my hometown (DXCM, DexCom). I bought DXCM stock right before it was approved by the FDA. I felt great about my purchase.

A few days later Abbott Laboratories releases a glucose monitoring product and DXCM tanks. When swing trading, you have to accept that you don’t know everything, and you will inevitably lose some trades.

Less Trading

When I first started swing trading, it was really hard. I’ve made more than I’ve lost. While my 16% ROI sure looks great at first glance, it isn’t that great in all honesty.

You’ll be able to easily find a dozen of non-swing trade systems that will blow my results away, and many of them are incredibly passive that do not require much maintenance and effort.

My ROI percentage for 1 year does not make as much sense as my weekly income on average as it was my goal to earn a minimum of $300 a day, trading 3 days a week. If I were to be on target, that would become an excellent monthly income and I’ll be able to live on most places. That was how I looked at it.

Most importantly, I now possess an odd skill set that could produce great results most of the time. In fact, I had recently bought 2 Apple laptops in cash from the profits I just made from 2 of my short trades. I really hated the idea of having to borrow or to use any credit cards, so this was really empowering to me personally.

Was It All Luck Or Skill?

My success in swing trading wasn’t all due to luck and the market cycles, but I think it had a lot to do with the fact that there are things beyond me, like the bull market cycle, that are working in my favor.

My friend, I’m about to give you some beginner’s luck. You may not realize it yet, but this economy has been one of the longest bull markets in history. With the bull on your side, you should have no problem trading.

You’re lucky to have beginner’s luck. You started small, added on what was working, and built it up. Some trades are only worth $1,000 of stock. I was doing some experimental stock-picking.

When I double down on stocks sometimes I get lucky, and I cannot always say it is because I know what I’m doing. Winning trades usually comes with confirmation bias.


I’ve always been a fundamentalist at heart. I’ve idolized Warren Buffett and Charlie Munger before. They are primarily value investors, though they also dabble in growth investing.

Bill Gates, Warren Buffett, and a few others are some of the world’s richest people, and they’re here for the long run. It’s possible to build a big enough portfolio to make a difference over decades or longer.

Their phenomenal success is something to be said about.

Then, in the pages of A Random Walk Down Wall Street, you’ll learn about the scientific testing of a technique that has become a part of investing legend: Technical trading. If you ever do the swing trading and invest your money only in a handful of diverse Vanguard and Dimensional funds, you’d likely earn an 8%-14% return on your investment.

It’s easier than you think.

The trade made me much money, but also cost me a few years of my life. I worked around the clock for days to get this content out. I’m so glad that you’re sharing this with others.

I know what it’s like to be traded. Sometimes I can’t be calm and collected, so it’s important for you to understand what I went through when I was traded.

I didn’t want to make a high-risk jump, but there is a lot of anxiety that comes with day trading. This was an unprecedented event. The financial crisis of 2008 caused over five thousand suicides.

Some of those people were traders. These days, I trade less to keep my sanity. Trading doesn’t improve the world much or add value to something great: it only adds to your bottom line.

There is no room for failure in the business world. If your personal life is not going the way you want it to, then create a new life for yourself. In the end, I’m sure you’ll find that it’s just not worth it.

ABC: Always Be Capitalizing

I believe what Robert Kiyosaki believes. You should always be investing in yourself, whether you’re an employee or a business owner. You also have to invest the money that makes the most sense to you.

It doesn’t have to be the center of your world. It doesn’t have to cause you massive mood swings. If you have the capital and you’re interested in picking your own stocks, you could invest as little as 5%–10%.

The rest, have it professionally managed by experts in asset management who have Ph.D’s in economics. The best players in the world are more intelligent than just you at this game. They’ve been doing it for decades.

Let them worry about the details. Have them set up a portfolio for your situation.

You’ll sleep fine at night, so instead of trying to master swing trading, what can you do instead that will have a greater impact on your life and the lives

If you have a passion and purpose for living, you’ll be able to find the time in your life to start living. Start working on your dreams today!