Reddit mentions of Swing and Day Trading: Evolution of a Trader

There are several variations that are fun to try and seem to work. So, you’ll likely find a mix that works best for you.

I am no master, but here are a few swing-related trading ideas I’ve found helpful over the past year:

Choosing stocks with a high daily volume so that you can enter and exit trades more easily (100,000+ minimum, 1,000,000+ ideally).

Stocks priced above $20 can tend to be less volatile in their price movements.

In most cases, choose stocks that are at least 5% below their 52 week average and below their 1 year targets (some room to run), growth stocks can be an exception to this.

Set a target % gain, have the discipline to sell once it’s been reached until you feel experienced and confident in the typical movements of the stocks you are trading.

Set a target exit % for a loss, sell when it is met, try 1% of the total balance your trading with (if you have $1,000 to trade and buy $500 worth of shares, the stop loss would be $1,000x.01=$10; if the value of your shares falls below $490 sell and try buying again when you see a good entry point or one of the other swing stocks on your watch list).

At first do trades that last 1 day to 2 weeks (some swing traders will hold for a few months, this seems to require more experience and technical analysis).

Pay attention to the news, a stock price will respond to changing events and market conditions (e.g., some analysts are recommending to avoid China stocks until the tariffs resolve, banking stocks may be impacted by the increases the Fed has made and is considering).

Trade stocks that are included on indexes like S&P 500, Russell, etc.

Choose stocks with less short seller activity.

Yahoo Finance, Finviz Screener and TradingView can be useful tools.

Look into technical indicators for buy and sell signals: RSI, MFI, DMI, SWING, ACC SWING, MACD, Bollinger Bands and STOCH RSI.

Trying paper trading first is also a good idea in order to get a feel for swing trading.

For set up ideas and some expert advice, check out the book Swing and Day Trading: Evolution of a Trader

Good luck as you explore swing trading!

Edit: formatting

Schools and universities only teach about markets and finance. They don't teach successful day trading which is more like trade secrets of prop traders, hedge funds, and hft firms. You can get schooling in majors like finance to help get in financial industry related jobs at (investment) banks, stock brokerages etc. (see career diagram)

A basic intro course to investing offered at first two years of colleges (free ebook): econ 104 hmc

I'd recommend these other books for learning about daytrading:
site ,
trading basics,
position ,
daytrading ,
chart patterns