SwingTrade Member Forum

[Schneidku40]

I'm trying my hand more at swing trading over the last year. Had some good success last year, had some good and some disappointments this year so far. I've found it's just hard to be insulated from the overall market direction when you're looking for 1-4 week trades, as compared to day trading, which can be different than overall market for that short period due to news for a particular stock. However, day trading is not something I'm interested in or have time for. It seems very much more like a me vs. you competition, rather than "we can all make money" in swing trading.

Anyway, my recent purchases are thus: MITK, EGOV, ACTG, LAKE, and CMFN. I have a couple others that I've held for over 4 weeks (AMRC, HCLP, WSTG, WSM, CLB, EVOL, MKTX, HCKT, DSW). I know, i really need to consolidate to only a few ideas at a time.

I'm also trying to buy more IEHC. They just put out an NT-10k with a note saying they expect net income to be $1.12 per share for the previous year, which means the stock is trading at less than 10 P/E, and they nearly doubled EPS from 2016 to 2017. It's just a very thinly traded stock with a large bid/ask spread, so it's difficult to get shares.