My Long Swing-Trading Watch-List
January 3, 2013 - 4:22pm
My current watch-list for long swing-trades
There are quite a few contradicting indicators out there, and ultimately, I'm not sure which one wins out on the day. But for now the trend is up (despite it being down just a few days prior) on the daily chart. It's definitely a hard market to trade, and as bad as I would like to jump in front of it and short it, I'm not going to. I've been brave plenty of times in the past and in doing so, about nine times out of ten it doesn't work out well. Predicting against the market trend is one of the hardest, least favorable ways to profit in your trading.
Instead I will stick to trading to the long side..for now until conditions actually change and show a favorable opportunity to get short. Remember, as whipsaw as 2012 felt, there was only 3 months out of the 12 where we actually finished in the red. So when you get short on the market, you have to b...Continue reading this article »