As a swing trader I am mostly interested in stock that is likely to immediately move for next 3 to 5 days after entry and will make 8 to 20% move in 3 to 5 days or 5 to 20 dollar move in 3 to 5 days.
These kind of moves are short term momentum burst moves that happen often in bull markets. In order to become good at trading them you need to understand how they happen and nature of those moves.
Following stocks were up either 8% plus or 5 dollar plus in last days.
ESPR REPH ASPX CEMP AMPE LBIO CORT AST RTRX NPTN CTSO SRNE BLUE NBIX PAM FOLD ANAC EBIX BFR HPTX TLYS GGAL NLNK BMA ZAGG FRSH TROV SIGM ITCI FLXN RGEN OLED KITE TXMD PAYC CANF MSO SWKS ITG OREX BMRN AFMD FLDM TA SGMO MGNX CNC TGTX ALDR INCY NXPI ISIS ARIA ANIP MTSI VRX TRVN AVGO SAGE TTPH MSCC MNK GEVA IRS PARR ANW VSTM RAD UTHR BDE ALNY TSRA MDVN HUM CSIQ PRSC RARE PCTY TSO ABC BIIB GWPH ZSPH SHLD CI QADA WRLD AET QUNR TEO REGN NERV AAL NAT XNCR ANTM WNR MDCO GIII AKRX UNH KND TSL ACT EW GNCA ULTA BGC DDS UAM ORLY VRTX CKEC ARNA MTD SCHL PTX XNPT AZO JMP PBYI CELG RJET ROL JKS SBGI SHPG MTN ESS ANN FIVN JAZZ MEG AAVL KNL RMTI AMGN ICE FRT IMPV ENR TMO HA MSTR SEM ILMN TKMR MGM ADS AXDX SPG IMOS PSA ALXN VDSI INO CMG SSTK EGHT ISRG PTC NNBR RGLD VEEV SAFM HLF PXD AKBA CNAT GWW KPTI BIDU TTOO LVS GES AG SODA BONT WAC RAVN TOO CSLT JMEI BIND WLB USLV TTI ECOM OPWR BAK EHTH TCON AAC ATRA PN W ONCE NVRO BLCM VSLR INOV JUNO ONDK SFS DBVT TRIL QRVO
Study them to see what actually works in market.
Two recent trades show the nature of these moves.
Four days ago I bought 5000 shares of QRVO and sold it in 3 days for 5 dollar plus profit. Can the stock go up after this possible but as swing trader I am happy with 25k profit in few days.
Four days ago I bought 3000 shares of AMGN now they are already up 7 dollar plus giving me around 20000 dollar profits , which I am protecting with tight stop.
Not every trade works like this but over the year 50% plus working is enough as long as you can cut losses on one that does not work.
In order to find stocks like these all that you need to do is stock having range expansion after 3 to 5 days of no range expansion.
For short term swing trading range expansion is the most powerful signal. That you can verify for yourself by going through the above list of stocks and studying their recent moves.
The things that you will learn by doing that will be self evident knowledge unlike things you read in books or on blogs or newsletters. It is a knowledge about setup which you will develop on your own by your own efforts and will be suitable for current market conditions.
It is very important to develop your own knowledge about how market works by studying winners everyday. Cumulatively it builds up and in few months you will have even better grasp of the setup. This kind of effort can not substitute for any high priced course or newsletter.
If you want to make millions trading just do simple 30 minute exercise of studying past winners. I study 5 day , 1 month , six month and one year winners everyday.
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