文档介绍：20 RULES FOR THE MASTER SWING TRADER
By Alan Farley
Last Updated: Jan. 2, 2002
Swing trading can be a great way to profit from market upswings and downswings,
but as I’ve always said, it’s not easy. Mastering the swing-trading techniques takes
time and effort. To help get you started, I am giving you 20 Rules to think about as
you begin – and ultimately master – swing trading.
Rule 1: If you have to look, it isn’t there.
Forget your college degree and trust your instincts. The best trades jump out of
nowhere and create a sense of urgency. Take a deep breath, then act quickly before
the opportunity disappears.
Rule 2: Trends depend on their time frame.
Make sure your trade fits the clock. Price movement aligns to specific time cycles.
ess depends on trading the right ones.
Rule 3: Price has memory.
What happened the last time a stock hit a certain level? Chances are it will happen
again. Watch trades closely when price returns to a battleground. The prior action can
predict the future.
Rule 4: Profit and fort stand side by side.
Find the setup that scares you the most. That’s the one you need to trade. Don’t
expect it to feel good until you take your profit. If it did, everyone else would be
trading it. Wisdom from the East: What at first brings pleasure in the end gives only
pain, but what at fi