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HOW TO START SWING TRADING
“Quick Tips” Roger Scott Senior Trainer
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USE A SIMPLE STRATEGY Complex Strategies =
Overwhelming Confusing
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ALWAYS USE STOP LOSS ORDERS Biggest Reasons Traders Lose =
Not Using Stop Loss Orders Don’t Make Same Mistake
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TRADE IN BOTH DIRECTIONS Trade Long Only =
50 Percent Loss in Opportunities
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KEEP RISK TO REWARD 3 TO 1 Keeps You Profitable =
Positive Expectancy
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DON’T TRADE IN A VACUUM Follow- Key Announcements Keep Track- Major Trends
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USE MARKET INDICATORS Keep Your Eye On TICK Keep Your Eye On TRIN
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FOLLOW THE MAIN TREND Less Risk Less Surprises
Better Profit Potential
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DON’T IMPOSE YOUR WILL ON THE MARKET You Can’t Control Financial Markets Markets Do Not Care About Feelings
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BE CAREFUL PAPER TRADING Paper Trading Does NOT Involve Emotions Emotions Are Difficult To Control For Beginners
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