Tuesday, April 30, 2024 11:47:16 AM
GDVM chart & TA post thread
http://www.tradewithme.me/trading-systems-v--swing-trading.html
*** Position Trader: This type of trader is looking to hold stocks for long periods of time. They buy stocks that are first breaking out of basing patterns into a stage two uptrend. This is likely where you will see institutions buying stocks. This buying pressure is what starts the uptrend. They are hoping that the next two groups of buyers will push the stock higher.
*** Momentum Trader: This type of trader buys stocks that are, well, showing momentum! They buy stocks right after a major move in a stock and hold for a short period of time. They are hopping on aboard a fast moving stock looking to capture short term gains quickly.
*** Swing Trader: This is the type of trader referred in this section. You are trading the swings within the trend. Here is a chart that may help you to better see how everything unfolds.
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