Swing Trading is the Holy Grail

Quote from frostengine:

Considering how many funds exists that do not even out perform their target benchmark such as the S&P, I place a high value on simply outperforming.

To judge the success of this method requires looking at a lot of variables:
#1 Does it outperform simply buy and hold the benchmark index
#2 Evaluate the relationship of returns versus draw down compared to the benchmark returns/draw down
#3 Amount of capital required to trade compared to buy and hold.

My strategy is not meant to be a get rich quick scheme or return 100's of % a year. It is meant to be a solid strategy that is capable of outperforming the S&P over the long run and in return outperforming many of the funds out there.
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I take it this is not your day job? Because if you trade for a living, you cannot survive by simply beating the s&p 500. Those guys that you mention that under perform the s&p 500 have one thing you don't have, a management fee.

If this is not your day job then fine, I guess whatever return satisfies you is all that matters. But the title of your thread is a little misleading. This is far from a holy grail.
 
I think there may be some confusion about my goal. Yes, I consider it a win at THIS stage if I am simply beating the S&P. At this stage, I am only taking long trades and entering the market at what likely may be the top for the year.

Beating the overall market is a win. As I continue this journal, simply beating the S&P is not the goal. I believe the title of this thread when I say "Swing Trading is the Holy Grail". I believe the method I am trading, and the overall strategy is the key to successful trading.

Leaving the micro time frames and moving to approx 5 day holding periods is more lucrative. Especially when every trade signal I take I KNOW is tilted in my direction based on the data mining I have conducted.

Moving forward, I will continue to add new sub strategies to the overall strategy while I adapt to trading this method live. Starting today, I am now also generating short trades. The overall shorting strategy is not complete. It will evolve over time as I continue to add more patterns, but its sufficient as a starting point to go with the long strategies.
 
Tomorrow I am watching the following:

Longs - AET,KO,NTAP
Shorts- txn,wag,mdp

More info: <a href="http://www.mystockanalysis.com">Watch List</a>
 
I think you have a good strategy, based on your latest long watch list. I've tested this same strategy and it works best in a bullish general market.

I would strongly suggest switching the signal around to the short side if the market turns! I like using a 10 EMA on the SPY for my market direction indicator.

:)
 
Lots of trades so far today:

Purchased 53 shares of FAST @$48.63 stop @$47.70
purchased 78 shares of NTAP @$40.33 stop $39.69
Shorted 86 shares of MDT at $37.92 stop $38.51
Shorted 142 shares of MU at 7.19 stop 7.75
 
Quote from lwlee:

More than a month since last update.

No update on blog for 2 weeks.

I guess Swing Trading is NOT the Holy Grail.
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Quote from frostengine: 04-12-12 07:23 PM

At this stage, I am only taking long trades and entering the market at what likely may be the top for the year.
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Makes no sense. He even saw the top coming, yet only going long? Epic losses.
 
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