I am 22 years old and a college student. I just recently got into the stock market game of day trading and swing trading. My four thousand dollar investment has grown into a two thousand dollar profit. Based on what you have witnessed and from your own personal knowledge do stock always generally go up and down. One week they close at 1.55 and three weeks later close at 2.00 dollars.
Please browse our blog for more information about swing trading, don’t forget to checkout the comments section which is where you will find a lot of very useful infornation posted by other traders about swing trading, look for the comments links
Related posts:
- What is evidence of a strong bullish stock (swing trading)?
- can any experieced swing trader out there recommend a very good stock picking software for swing trading?
- Hi Members Is forex trading for the day or swing trade because there are few longer term trends?
- Swing Trading, How to find a good stock?
- What is the best stock trading simulator software?
- Day trading course questions?
- I have 50 grand to invest. I want to quit my job and start day trading or more likely, swing trading.?
- I want to Learn Swing Trading – No risk?
- Which Timeframe is the best for Swing Trading?
- What stocks/types of stocks are the best stocks for swing trading?
My observation after a couple of decades in the investment universe is that stocks generally go up and day traders end up wiped out (broke).
The stock market in the long term is a logical, weighing machine — chaff gets tossed; wheat gets properly graded and paid for. In the short run the stock market can be an illogical, emotional, beast — destroying the wise and the foolish; the strong and the weak.
Day trading is based on two very foolish notions: (1) the vast army of professional traders with billion dollar pools and million dollar trading platforms doesn’t exist and (2) trends can be exploited in the mid-to-long term. In the end, traders are destroyed by their own arrogance: either (1) they become the "greater fool" in the duck-duck-goose of daily ups and downs or (2) they are destroyed by using leverage to up the ante or play catch up.