Swing Trading Model

[LiveLife]

= ADVANCED SWING TRADING 101 =

Repost from another board - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145421478

"'Speculating' on BK/Questionable fundamentals stocks.

I have traded many BK stocks the past decades and you would be surprised how price movement swings contrary to company fundamentals and technicals towards BK. Trading BK stocks should be evaluated on a case-by-case basis purely on speculation (BUY on dips and SELL on pops) and definitely with funds you won't mind losing. But as seen with SGYP's 75% swing today rebounding from $0.09 to $0.16, speculating with BK stocks could yield large returns short-term.

I even traded GM/FNMA right to the last week of BK and made a lot of money trading the volatile swings. Recently even FNMA, now on OTC (which has been falling for 2 years after rebounding from $1 to $5), jumped from $1.35 to almost $2.00 so even for post-BK OTC stocks like FNMA, you can't say never.

And I will continue to trade BK stocks (along with OTC/Pinksheet stocks) until I die due to their potential for large swings. Key to trading any volatile stock is to move away from technicals/fundamentals temporarily as they won't move fast enough or be relevant enough and focus on the dip and pop movements of share price.

Questionable stocks like HMNY recently swung from $0.0145 to $0.019 in 4 days with 37% gain. SN recently rebounded 35% intraday and in the last 2 days, swung from below $0.30 to $0.45 for 50%+ gain. And these rebounds/swings occurred while many on the boards were posting doom and gloom "POS", "STAY AWAY".

I anticipate continued volatility with SGYP and will trade accordingly. Of course, you can choose to stay away from volatile/questionable stocks but buying on dips and selling on pops has worked for many speculative stocks for me over the decades and I consider it a tool option that should be kept handy in a trader's tool chest.

GLTA"