In today’s video I am going teach you how to make $100 per day from swing trading stocks. I hope you enjoy it and learn something new. Follow me on IG: https://www.instagram.com/investingwithcarter/
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What is Swing Trading?
Swing trading is a style of trading that attempts to capture gains in a stock (or any financial instrument) over a period of a few days to several weeks.
Using Studies! RSI Mov Avg
Moving Average Lines can tell the overall direction of the stock. Also they can be used as support and resistance lines
The RSI can tell if a stock is overbought or oversold.
Paper trading is a very important feature when you are in your beginning stages of trading. Paper trading is trading the markets real-time but with a simulation account (fake money). All traders at one time or another have used a paper trading account.
Scaling to $100 per Day
The number of shares you trade depends on your account size. If your goal is $1,500 per day, then 10 or 40 shares might not me large enough. Either you have to increase your share size or increase your account size.
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