Precise
Swing
Trading
consists of taking precise swing trade signal that one has mastered.
Truly a precision guided swing trader will not trade any swing trade
set-up
that he or she has
not
mastered. In fact, precise
swing trading is
about swing trading only a compilation of specific swing trades that
one understands,
and has
traded profitably many times.
A
typical precision guided swing
trader may
only swing trade four to ten high probability
swing
trades. He is only interested in those, and most importantly delight
in swing trading them at every opportunity.
He
or she will not waste time
or resources looking
for something else.
Though
there are similarities between a specialist swing trader and
precision guided swing trader, the specialist trader, specialises
in swing trading only specific financial instruments. One can be a
specialist Gold and silver swing
trader
or American
indices trader.
How
To Begin A Precise Swing Trading?
1/
Compile a list of four or five
high
probability swing
trade
set-ups
that you like.
2/Learn
to master them.
Thoroughly,
understand how they form.
Know
where
and
how
they form plus
how to trade them.
Spend
time to demo trade them many times to gain skills and experience.
Simply become an expert in trading them.
When
you are ready to trade live, take one swing
trade
at a time and manage it until you harvest profit.
In
all cases follow the trading drill (set-up,
signal, entry at
a
low risk entry point).
Always
adhere to the trading triangle.
When
a losing trade does
occur, review the trade, and gather the real cause of the loss. Keep
improving.
If
a trading set-up
becomes less reliable after many attempts, do not hang onto it, but
use only those that are reliable.
Remember,
your aim is to become a precision guided swing trader.
Things
That
Help Precise Swing Trading
1/
Master
the top down swing
trading.
2/
Use
the trading triangle.
3/
Be
selective (only trade rewarding trading set-ups
that you understand and master)
4/
Be precise, agile like a cat.
5/
Always be ready to buy and sell and never assume anything.
6/
Be defensive and cut losses without blinking
7/
Continue to sharpen your precision guided swing trading.
Precision
Guided
Swing
Trading
Test
1/
What
is precision guided swing trading?
2/
What
is high probability trading?
3/
Difference
between a specialist swing trader and precision guided swing
trader.
4/
What
is the trading drill?
5/
What
is the trading triangle?
6/
What
is a top-down or
different times frame trading?
Conclusion
Precise swing trading is the next step that a normal swing trader
ought to
take to reduce the losing rate. It is like being a sniper swing
trader who rarely
miss the target whatever the market environment. Even if one is
already a
profitable swing trader, there is always room for improvement. One
wants
to stay focus, precise, resolute and sharp in all swing trading decisions.
Surely, one
is not leaving anything to chance but take control until one gets
paid.
Those rough-edged swing trading skills will become smooth and
sharper
as one is starting the precise swing trading tactics.
Thank you for reading. If this article has been useful to you feel
free to share it with your friends for free. Start your new journey to a more precise
swing trading today.
