Predict, Identify, And Trade Future Market Swings by John Crane
The key to swing trading is in the timing of your entry and exit.
But how do you identify them? The answer may be in front of you.
In an age where faster computers and advanced
software are providing access to more
information at lightning speed, traders are
busy creating new technical tools and testing
ideas. Technology has produced many
changes in today’s market world, resulting in an explosion in the number of new traders who are seeking
the ultimate short-term trading strategy. Daytrading and
swing trading have become buzzwords for a new generation
of traders who flock to online trading and embrace every new
software program that promises trading success. The marketplace is full of sophisticated trading systems, but has any of
this advanced technology made people more successful?
In the late 1990s many new traders jumped online, bought
software programs, and started to trade their way to riches. It was a great time to enter the market, but all too often these
new traders confused a bull market with trading savvy. As
soon as the market topped, so did their trading accounts,
because they lacked an important ingredient for success: a
working understanding of market behavior.