This website is dedicated to provide further help and information to SST SwingTrader subscribers.
If you wish to see pages added or contribute in any way please email me to let me know.
I hope you find the information useful. Please click the links below.

15.9.0 UPDATE - IMPORTANT!!

If you have just purchased SST SwingTrader or need to carry out this important update please click the link below for further details.

Go to Update Page

 

WATCH LISTS

Watch Lists to Get You Started
Use these symbols to get you up and running then you can add others as you
build and improve your watch list(s)


OTHER LINKS


Download SST SwingTrader
version 1.0.8.835
ALSO SEE UPDATE ABOVE
Trading for a Living
If you are thinking of taking this big step please read this page.
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Newsletter - Issue 11
Posted 25th March

 

An email from David M in Ireland:

"I am now using the new Swing trader and find it easy to use, I have a folder for "Red" "Yellow" and "Green" symbols and a "Premier" folder which I trade from. I am systematically (if slowly) going through all the symbols offered by Worldspreads in alphabetical order  and classifying them as per the folders above. To be a Premier symbol, the Equity Curve has to look right! It is a powerful indication of how well a symbol fits the strategy!

Just to give you some feedback, my account is now up 20% in 11 weeks of trading, part of which was spent risking only 1% of capitol per trade until I became more confident with the system The last five to six weeks I have increased to 2% and this still feels comfortable." David M

I love the red, yellow, green and premier lists David and you are wise to start with lower risk trades. May your results go from strength to strength - David (Graeme-Smith).

 

Go to Short Swing Trading Home Page

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CONSOLIDATION PERIODS
"I sometimes think that the market behaves like a wild dog. It runs in a certain direction and occasionally pauses for breath before setting out in the same direction again. Sometimes it stops, takes a longer rest, eats, wanders around in circles and sniffs the air to see which direction it should run in next - a period of indecision before the next run. To predict which way it will run next at this time is difficult, better to have patience and wait for it to tell you."

Consolidation periods are necessary to take the "heat" out of a price run and often they present a good opportunities once the price breaks out but can be painful whilst they are developing. They can cause multiple whipsaws and the day to day price variations do not give any opportunity to make profit with an end of day strategy. No strategy can make money if the price is effectively going sideways. Ideally we should stay away as soon as a consolidation period starts then jump in when we spot the break out and the next run. However, that is much easier said than done. Identifying a consolidation period can only really happen once it has started to form and by then you may have already experienced a whipsaw or two. To a large extent it is just a part of trading we have to live with because we want to catch the good trade that often follows a consolidation period.