| Swing Trader Description (2 days to 2 months):
25 Very Aggressive AND 10 Conservative HOT PICKS Every Week, and a 15 Stock Swing Trader Model Portfolio:
- Every Sunday thru Thursday each Active Trader will be given a list of 5 VERY AGGRESSIVE DAILY HOT PICKS that will normally follow the short term market trend. In addition, we will provide 2 CONSERVATIVE DAILY HOT PICKS as part of our Daily Market Update.
- We will manage and trade a 15 STOCK SWING TRADER PORTFOLIO that will always be loaded with 15 stocks in the portfolio. It is a great learning tool for our system and for learning how to trade and properly pick momentum stocks.
- Each stock is selected using our new Phoenix Trading System with the goal of providing only the very best MOMENTUM plays that have the highest chance of fast and strong runs.
- We believe that this special service will provide the Active Trader with the best potential for very high returns in a short time period. In general, we expect most of the breakouts or big moves within one week but some can take longer so be patient.
- We will provide guidelines on stops and targets for EVERY PORTFOLIO PICK but ultimately it depends on your own goals, timeframe, and trading style.
- Every portfolio pick will have a reason for our selection based on technical analysis so you will be able to learn about how our system works.
- The scans we are using are designed to find only the strongest breakout LONG or breakdown SHORT pattern setups.
- Each list is customized to provide the trader with the optimum mix of longs and shorts depending on the market condition.
- The trader is never without very strong picks no matter what the market is doing.
- We are providing the Active Trader plenty of time to do their own research on the stock lists by posting them early in the evening. By sending out so many promising stock picks, we are giving the Active Trader plenty of options to pick the ones they like the best for the next day. We will provide our best guess on the risk level of each pick to be able to better match the Active Trader’s style.
The following is a overview list of the basic criteria we use to select our stocks:
- Stock needs to be in a strong short term uptrend for longs or strong short term downtrend for shorts.
- Generally, the intermediate and longer term trends will also be going in the direction of the trade.
- The current stock price needs to be greater than $3.50 and the average daily volume greater than 50,000 shares (most stocks will be > $10 with volumes > 150,000 shares)
- The stock price will most often be above the 50 DMA for longs and below the 50 DMA for shorts.
- The stock will fit one of the Phoenix momentum trends and momentum pattern setups for achieving the fastest results.
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