Risk and Money Management for Swing Trading
Senior technical analyst Scott Smith, CMT (BlueChipTrader - BLUEX) covers management strategies from a swing trader’s perspective. Watch this video as he reviews his simple “profitunity” table showing just how much you should be looking to make each day, week, or month to achieve a bigger picture goal. You’ll also learn why Average True Range (ATR) is a key indicator in figuring out expected range behavior.
Scott’s bottom line? Trade small enough to easily meet your target goals and risk based off a stock’s volatility. Watch the video now and implement techniques to help you effectively manage swing trading risk.
