Hey everyone Tim Bohen here, I've had a life-long interest in finance and I've actually been day trading for over 15 years now in the market every single day I've been a guest speaker at The Trader & Investor Summit, Benzinga Events, The Traders Expo. And today I'm gon Na be bringing you how anyone can swing trade with a busy schedule. Okay, It's the beginning of an entire course. We've got six episodes that will go out over a three-week period.

You get two episodes per week. And today I'm gon na kinda break down what they are. So you know what to expect. So episode.

One we're gon na be talking about exactly this. How Anyone can Swing Trade with a Busy Schedule.? I mean many of you might be familiar with day-trading, especially these explosive volatile stocks and you're like geez. I can't walk away for 10 seconds because they make wild moves on the upside wild moves on the downside.. That's why I think swing trading is the best for busy part-time traders..

Then episode, two we're gon na talk about how to find the right stock to actually swing trades.. So in these next two episodes we'll be breaking down a worksheet.. So one of the great things is, if you drop your email address in you'll, get notified of all the episodes, but then you'll also get access to the worksheet that accompanies this kind of mini-course.. It really is the foundation of everything that's built around and it's so important., It's free, it's a PDF.

You can print it. You can use it in. I use it in Evernote as a digital format, but then I also liked kind of the hard copies as well.. So then, episode three after that, we'll finish working through the second part of that worksheet..

There's a lot of criteria on there kind of break it up into episodes, keep it bite-sized., Then into episode. Four, I'm gon na focus on the best swing-trade pattern for mornings. Okay, So I've got two patterns that we're gon na focus on for these. I think these are by far the best two patterns.

And I've got one that's a morning pattern and one that's an afternoon pattern. Again depending on your schedule. Maybe you work second shift, so you can only train mornings or again, maybe you're West Coast and different time zones.. So there's a specific setup that works better based on the time of day., Then in episode, five we're gon na take about the best swing-trade pattern for afternoons..

Now, if you've got more time, you can trade them both.. I mean I always kind of joke about this. Don't tell your boss., But these patterns, these swing trades particularly, are very, very smartphone friendly.. I always kind of joke about hiding your phone under the desk, while you're at work.

And again, the great way is you can trade both these patterns on a smartphone while you're doing other things. Again very conducive to that., Then episode six, we're gon na talk about How to use order types to semi-automate your trading. Again, what I'm trying to bring you with this course is maximize efficiency.. Ultimately, the goal is to make money.

That's why we're here? That's why we come to the markets, but odds are you're very busy. You got a family, you got a job, you got school, you got volunteer things.. I mean everyone, whether good or bad, everyone's very busy. These days - and I wan na maximize that time.

And with semi-automating these order types, you can actually enter and exit trades without having to sit there and stare at that computer or that phone hours and hours a day.. So that being said, go stockstotrade.com/freetraining.. The neat thing is: this is the second course I've worked on., You can. Actually, if you go to that page, you can jump back..

I did a Day Trading. 101 course.. So if you go there, you can get access to that as well.. Then we're working on the Swing Trade Course right, now.

And then I'm also gon na have a Short Selling Course that will be on that same page.. So the nice thing is wherever you're at. If you happen to stumble across this video or you're working through the courses go to stockstotrade.com/freetraining drop your email in there you'll get notified of any of these new courses that go in there.. I mean again you're busy it's hard to keep an eye on everything., We'll post it to social media.

But if your email's, in there you'll know. And my goal - is to kind of keep, these are the three main kind of mini-courses. I've called them, but my goal is to kind of keep adding and adding to this over the course of time. That way you get notified..

So that being said, let's get started right off the bat. What is swing trading? I get asked that quite frequently., So basically, what we're trying to accomplish with swing trading is we're trying to match day-trade-like gains. Again, if you've been day trading 10 20, 30, 40 50, 100 % t in a matter of minutes and hours, but those stocks make wild Moves they're, scary, very difficult to try and multitask and day trade at the same time.. Maybe you've tried it and things have worked.

Maybe you tried it and things have gone bad.. So what we're trying to do with swing trading is match those gains without the extreme volatility. So we can take care of the things we need to do and still grow our account.. So you can be attentive to work.

You can be attentive to your kids or whatever you're, not listen. I've been there more times. I care to admit just staring at that screen for hours a day., So we are gon na target higher quality stats and look to match those gains in a little longer period. Okay And when I say longer period, typically a swing trade.

Few days till a few weeks. To me, once you get past the multi-week timeframe, then we're talking more like long-term hold investing.. So what are the pros of swing trading? Why swing trade Right off the bat lower risk? Okay Again and I'll refer back to it? Probably several times but listen when we're talking low-float stocks short squeezes. Listen, they move.

We all love those moves, but you close your eyes or you walk out of the room and they can rapidly reverse. And I don't care if you're long or you're short things can change very quickly.. So a lot of people just don't like that volatility. And I get it.

If you don't. I mean it's scary., So these are higher quality, lower risk, stocks.. Of course you can still lose. You can still lose in any trade, but the odds are when you do lose, it's less catastrophic, which is Risk Management.

101.. The other thing is a lot more. Freedom of time., Like I said, and you've probably been there. You're trading some 1-million-float stock.

That's up 300 % on the day., I mean you cannot leave your desk, I mean, if you do you're crazy. Okay, The nice thing about swing trading. Is you can set alerts ,'cause? They don't move as fast. You can use the order.

Types. We're gon na talk about later to take you out of trades you're, not worrying, about missing, fills and stuff like that., So I think it's the best way to trade part-time ultimately.. So, if you're sitting at that computer 12 hours a day, dialed in hey day training's for you, but if you've got a lot going on or if you wan na do both, which is kind of a hybrid model that I follow. I like to day-trade the crazy Movers and then also swing the earnings winners, the contract winners et cetera., So kind of a hybrid model that allows me to diversify my risk..

Okay, let's talk about cons. What's the downside, The biggest one is longer, it just takes longer. I'll, be the first to admit. I got patience issues.

Okay, I do have patience issues and a lot of people might be like if you're watching this video, they might be like you're talking days for a swing trade. That's really on the short end.. A lot of people might think multi-month, even multi-year. As swing trades., But for me I got ADD, definitely and it takes longer and that can drive people nuts and they don't want to be that patient..

But the trade off, in my opinion, is lower risk.. So if you can wait, two three four five days for a 20 % gain or 30 %, 50 % gain and not have to worry about getting blown up. That's the win, win, okay And then the other drawback is ultimately you're. Probably here'cause.

You got a small account, you're, probably new, to trading. And the one again, just speaking the truth here. The one drawback is: if you're swing trading, you're, obviously tying up buying power. If you've got a $ 3,000 account and you've got a big piece of your account in one swing trade.

It limits your day-trade options ,'cause. Ultimately, you only have so much buying power., So that is the one downside, but I think it's a good trade off, especially for part-time traders., So that being said be sure to head over to stockstotrade.com/freetraining you'll get access through the guides. I'd mentioned the other courses the Day Trading Course, the Short Selling Course. And again, I keep planning on adding more and more to these mini courses.

You'll also get a free, weekly watch list where I focus on specifically swing trades., It's the top five stocks of the Week, most weeks, four out of five of those are swing-trade-type stocks., So worksheets video archive the next course and the worksheet and the watch list.. So that being said, hope to see you on episode, two How to Find the Right Stock to Swing Trade.