How to Make Money Swing Trading

Oct 05, 2021 | What does it mean to Swing Trade and how can I make money?

How to Make Money Swing Trading

What is Swing Trading?

Swing trading is a short-term trading strategy where traders utilize technical analysis, fundamentals, and market-shaping events to gain profits. Most Swing Traders typically hold their position for 1-4 weeks- this short-term model allows for Swing Traders to obtain quick and consistent profit.


How to Swing Trade Like a Pro

We’ll let you in on a little secret- there are NO get rich quick methods. No “tried and true” formulas that work for every circumstance. Don’t fall into the trap of buying expensive "Trading Seminars" or the one “indicator” that will change the game. The only way to drive consistent profit is through hard work, a little bit of luck, and a community that lifts you up. There is no way around it.

Weekly Swing Trades

PNRG (Prime Energy)

October 2, 2022

Entry Price:

80.62

Stop Price:

76.85

Target Price:

88.04

Time Frame:

1 Week Hold

Expecting a short-term bump after a recent OPEC+ announcement regarding the a supply constraint to oil. The constraint would result in ~1M less barrels of oil per day, which should cause a price jump. Low RSI and bouncing off our 250 day moving average, both hallmarks of a good swing trade.

DV (Doubleverify)

October 2, 2022

Entry Price:

27.75

Stop Price:

26.75

Target Price:

29.00

Time Frame:

3 Week Hold

Using our moving averages heavily on this swing trade, look for continued strength as we try to notch out a 6-8% gain. Specifically, we are taking advantage of of a recent cross over in the 50 day moving average. Last week closed down, so wait for confirmation of a reversal.

The Swing Trading Community

Our Stock Trading Club is home to like-minded Investors, Bankers, Accountants, Financial Advisors, Economists, Finance Majors, Small Business Owners & aspiring Entrepreneurs who network with each other, learn and discuss stocks, and update each other on emerging stock market news every single day. Especially for new investors, having a collaborative learning environment is crucial for long term success. In The Swing Trading Club there are NO paywalls or segmented discussions. Each and every member will have access to 500+ like-minded investors just a keyboard’s length away. 

Our Swing Trading Performance

Swing Trade Example 1:
On 8/29/21, we added Diamondback ($FANG) to our premium watchlist. It was also highlighted in our free newsletter. We noted this might be a longer hold but we liked the direction of the entire energy sector, specifically this oil and natural gas producing company. 

The energy sector has arguably been the hottest industry in the market, and as reported on 8/29, we don’t see that changing over the short term. With favorable market conditions in an industry poised to benefit from the great reopening, it only took 3 weeks to turn this into a big-time swing trade for our members.
This 3-week hold translated to nearly a 20% gain for the Club! 

   

Swing Trade Example 2:
On 7/25/2021, we added Upstart ($UPST) to our premium watchlist. It was also highlighted in our free newsletter

Upstart is an AI lending platform that has been a popular trade. We noted that, “After its most recent drawdown, we're once again approaching reasonable levels to open a position. As we trace back to the 100 Day MA, it’s important to note the current downtrend. Make sure to wait for the suggested entry as this play might take longer to form. Short term trends suggest continuation of toward movement.”

A huge nod to our traders for this pick, they nailed it! Not only did the trade return earlier than expected due to powerful tailwinds, but we made a 168% gain.

Upcoming Economic Reports

Market Performance- Week of 09.25.2022

Recent Stories

Global Risk Continues to Rise

Oct 02, 2022 | A strong dollar keeps all swing traders on edge with market headwinds stronger than ever ...read more

FedEx Says Recession is Coming

Sep 25, 2022 | What FedEx said about a potential recession and how can Swing Traders make money off it ...read more

Dollar Weakness Gives Stocks a Rebound

Sep 11, 2022 | Stocks have a slight rebound as the dollar comes down, but what does it mean going forward? ...read more

Bond Market Signals More Trouble to Come

Sep 04, 2022 | What is the Bond Market Telling Us About the Market? ...read more

Weekly Watchlists

Community Access

The whole is greater than the sum of its parts”- Aristotle

Our Stock Trading Club is home to like-minded Investors, Bankers, Accountants, Financial Advisors, Economists, Finance Majors, Small Business Owners & aspiring Entrepreneurs who network with each other, learn and discuss stocks, and update each other on emerging stock market news every single day.

Especially for new investors, having a collaborative learning environment is crucial for long term success. In The Swing Trading Club there are NO paywalls or segmented discussions. Each and every member will have access to 500+ like-minded investors just a keyboard’s length away. So after signing up, please introduce yourself.

Weekly Review

Market Performance- Week of 09.25.2022

Recent Winners

SBUX (Starbucks)

SBUX (Starbucks)

Entry Price:

85.00

September 11, 2022

Price at High:

89.90

Return for Members:

5.76%

Timeline:

2 Month Hold

Strong momentum over the last few weeks. Watch for a mean reversion, but if moving averages stay consistent look for an early play to open the week.

PNRG (Prime Energy Resources)

PNRG (Prime Energy Resources)

Entry Price:

83.20

September 4, 2022

Price at High:

100.00

Return for Members:

20.19%

Timeline:

3 Week Hold

PNRG had a drawdown to historical levels of support (around the 100 day moving average). Looking to make an entry in the coming days as we also have macro tailwinds with the energy crisis in Europe.

PYPL (Paypal)

PYPL (Paypal)

Entry Price:

87.00

August 28, 2022

Price at High:

103.00

Return for Members:

18.39%

Timeline:

4 Week Hold

Playing off the dip in June, we're starting to see momentum as the 50MA is crossing over the long-term averages. Look to for momentum to continue and an early entry on Monday.

Recent Watchlist Winners

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