Welcome
to OneWeekTrades - Swing Trading System
OneWeekTrades provides a proven system that will simplify
your approach to short-term swing trading. What is swing
trading? You are probably familiar with a daily stock
chart. You see how many stocks - especially momentum based
stocks - tend to move in waves. They might run up $5 or
$10 in the course of a few days and then proceed to give
part or even all of that back over the course of the next
few days. These swings tend to last 3 to 7 trading days.
The design of OneWeekTrades is to catch the larger swings
– both long and short.
The
system is highly methodical because we always know at
exactly what price we are going to buy the stock, what our
profit objectives are and where we will exit should the
move start going against us. We also always know when we
are going to reverse in the opposite direction to catch
the next great swing in trading.
We focus only on a small set of highly liquid, highly
traded momentum stocks that trade with millions of shares
per day on the Nasdaq. This is important, as stocks that
are widely followed tend to trade in more dependable
patterns and will also provide you with the liquidity
needed to enter and exit trades and the pre-determined
price points.
Like our
IntradayTrades Day Trading strategy, in OneWeekTrades we
trade the momentum stocks that have high volume and solid
trends, the main difference being that we're trying
to take advantage of the larger multi-day moves you'll
experience when holding overnight. Since our risk is
potentially higher, at times holding overnight, our profit
objectives are also much larger and it's not uncommon for
us to have a trade run 30%, 40%, 50% or more in our favor.
That's important because we also have to give our trades a
reasonable amount of "breathing room" when we enter a
trade, and that means your average loss would be higher on
a multi-day swing trade than your typical day trade where
you can keep your risk to single digit percentages. Both
strategies work extremely well together but they also work
quite well on their own.
Our
Strategy
Each evening you'll see a summary of our open trades.
Update your stop price on the current open trades. Set up
your new entry order if there is one given. Once the trade
is entered, immediately set up your stop to protect
against losses. If a stock hits a preset profit target,
you can take some profits or simply let the trade run for
the full swing.
Then you simply check the subscriber page once per
evening, place or change your orders for the following day
and you're done. That's really all there is to it. The
strength of this strategy is that it's methodical and it
takes an unemotional approach to trading. Yes, you are
going to have losing trades. You will have periods that
perform less effectively than others, but the bottom line
is that we are trading through those periods in order to
catch the occasional larger swing trades - the runs that
can see a stock price double in short order.
The key to the strategy is to focus on the stocks
you want to trade, take all the set-ups, and follow the
exit strategies - and you can see the potential from the previous results, even with the losing trades included
right along with the winners.
You can even trade with options instead of stocks! Since
you're targeting larger moves, you might find that using
options provides a potentially excellent use of leverage
with a controlled risk (your options premium.)