This is a brief explanation regarding stocks on AIRESCAN labelled swing trade such as shown in the image below:
A swing trade is a type of trading strategy used in financial markets, such as stocks, currencies, and commodities. It involves holding a position for a relatively short period of time, typically a few days to several weeks, with the goal of profiting from the price movement in that timeframe.
Unlike our intraday stock picks, our system hold positions in swing stocks for longer periods, up to a month, as we aim to capture a larger price movement. As you can see from the image, our stop loss is much bigger than our intraday stocks.
Our system stock picks for swing trades are based on our rigorous research, where we have identified the best time to enter the market and what level of risk and reward we would be implementing. The results of our research were beyond our expectations and thus, we have decided to replicate the results in real time trading environment. Our results have shown that 49 out of 50 trades resulted in a profit from swing positions ranging from 2 days up to a maximum of 22 trading days.
Using our research parameters, our system has filtered all stocks in NYSE and made stock picks for swing trades which include the following criteria:
-Under USD50
-Has a high volume
Currently, AIRESCAN has several swing positions in the market and our system updates the price every day. Our strategies may include adjusting the stop loss, exiting the market at a strategic price or averaging up/down where necessary. We consider swing trades outside of our normal intraday stock picks, therefore do not consider the outcome of the stocks as part of our intraday performance. We caution all investors to trade the stocks at their own risk. Please make sure that you have made your own research on the stock picks before you trade the stock.
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