Topic

Swing Trading

Trades held from a few hours to a few weeks: how to pick the setup, where the stop goes, how many shares to buy and when to stay out.

A swing trade lives or dies on two numbers decided before the order goes in: where the idea is wrong, and how much of the account you lose if it is. Everything else, the indicator and the pattern and the target, is a way of choosing those two numbers well.

The position size calculator turns the stop and the account risk into a share count. Read the short swing strategies before trading the downside; borrowing shares brings costs and risks a long trade never meets.

Strategies

Guides

Definitions

  • Higher highs and higher lows

    A pattern of swing points in which each peak tops the one before and each trough holds above the one before; it defines an uptrend, and lower highs with lower lows define a downtrend.

  • Opening range

    The high and low a stock trades in the first minutes of the regular session, commonly the first 5, 15 or 30 minutes, used as a reference for the rest of the day.

  • Short squeeze

    A sharp price rise driven by short sellers buying back shares to cut their losses, where each wave of buying pushes the price higher and forces more short sellers to buy.

Calculators

  • Position Size Calculator

    The share count from your account risk and stop, the reward in R, and the loss if the stock gaps past the stop.