Hey everyone. Lead trainer with StocksToTrade. Tim Bohen here back with episode, two of swing trading 101. Okay., Keep in mind.

We're gon na start working through the worksheet breaking down how to find the best swing. Trade.. But if you haven't gone to stockstotrade.com/freetraining, maybe pause the video. The links also below go over there drop your email.

Cause. I want you to have the worksheet. Okay. You're going to see the worksheet.

We're going to break it. Down. I'd prefer, if possible, you get that PDF.. Maybe you print a copy, maybe print a handful of copies and we work together through this..

It's all free.. If you go to stockstotrade.com/freetraining, you get the worksheet, you get the archive of the other previous classes., You get future classes and you also get a weekly swing. Trade watch list in your inbox every Sunday stockstotrade.com/freetraining. All right, let's get started.

So you can see on my screen - is a copy of the worksheet. And we're going to be talking about with ticker. You know keep in mind, as I worked through this course, depending on when you watch it the stock, I'm talking about, may or may not be in play, but I'm going to give you an example. In every time I say the ticker focus on the.

Why or the how or the why I should say you know: what's the why? Why am I looking at this one Because odds are depending on when you watch this video, this stock may keep going or may fade away or maybe just be going sideways.. I want you to thinking about the why why these criteria and why this stock was meant one of the most beautiful swing trades when it broke out about a week ago.. So that means that I'm talking about DATS - and this is a cool company - you know so right off the bat. That is one thing we look for in well, I'm skipping ahead because it is on the sheet.

So ultimately I'll talk about why I liked DATS. So much and why it fits the criteria of a cool, hot sector stock., So right off the bat I'm going to write down the ticker at the top of the worksheet DATS., I'm a big fan of tactile. Stuff. Now I know I'm an old guy.

You can tell by the gray hair but there's something to be said and there's been studies done on this., I mean there's a reason, probably every high school class, every college class, they tell you to take down the notes. You know write down what you're thinking, what you're hearing the instructors say. And even if you never revisit those notes, I mean you may chuck that notebook in the trash take the final exam and do well.. There's something about the human brain and you know the mind and like hand connection..

So if you prefer to do digital, you can I use like a sketch sketch it and a couple other the Windows OS has the whiteboard app.. You can do it digitally but think about printing them out and actually doing a tactile, especially when we're building these skills.. I think it really helps you get through. What's called like the OODA loop, quickly.

Okay., That's what ultimately, this worksheet is built on.. If you're familiar with the OODA loop, Roddy Boyd, a fighter pilot came up with it., It's observe, orientate, decide and act.. I've actually got an entire trading course built on top of the OODA loop and and understand that the faster you can observe, orientate, decide and act. The faster you can get a good entry, the faster you can make money.

So anyway, we'll save that for a different day, but try and print these out and work off of them.. So that being said, DATS Right first box is: did they have recent earnings? And that's a catalyst, we're always going to look for. You'll hear me talk about earning season a lot., And the thing is, I think a lot of people overlook this that you know earning season is about six weeks. Long.

Okay. Earnings season happens four times a year.. That's basically, 24 weeks of the year we're in earning season., So a lot of people will be like. Oh, I don't want to only trade earnings because you know there's so much of the year.

I'm not trading. Well again keep in mind. It's basically half the year. Roughly is earnings season.

When you add it up, I mean 24 weeks is almost half a year., So don't get in that kind of mode to not specifically focus on earning season and they're the best swing trades.. So what we're looking for that recent earnings and then we're looking up for a gap up for the day following earnings. Okay., We never guess into earnings. Okay..

We don't do yolo trades, here. Okay.! You want to do yolo trades and buy a bunch of options into earnings and lose your all account head on over to Tik-Tak. Okay.. There's plenty of crazy people over there.

That will teach you that strategy. We're trying to trade safely. We're trying to grow our account, especially as a part time trader.. Hence what we talked about in video one., All right that be said, we're going to look at stocks with recent good reaction.

Earnings., You can see DATS had that gapped up afterwards and has continued trending higher., I'm going to be focusing a lot on this level. Back at that 52 week breakout you can see on my screen. Let me jump over to a one-year one day chart. And when we talk about the big chart, you'll hear me say that a lot.

That is, that one. Whoops, let me go charity. That is that one day one year, chart. And I'll show you that.

And the Level we are looking at would be right here when it broke out above that 52 week, high right in this area.. So that being said, earnings come out.. Then the next criteria we're looking at is there a catalyst And typically earnings is the catalyst.. That's our number one catalyst., But if we're outside of earning season, maybe there's there's no earnings out there.

So we're now. Looking for news like contract, wins new product announcements, IPO's SPACs et cetera. Great thing about DATs.: Not only did they have earnings, it's also a recent IPO and it's a hot sector stock., So checking a lot of boxes. Already.

And I haven't even gotten very far through the worksheet., So the catalyst is there, a social media company tied to blockchain., So a lot of buzz worthy stuff. Also, a recent IPO initial public offering., If you're not familiar with those, definitely check out the archive.. So then we add in big breakout, which is the next criteria. Is the stock at or around a 52 week high.? And you can see that level when it broke that eight level that was a 52 week high.? That was a big breakout, key psychological level..

So I've checked earnings. I've checked catalyst. I've checked at around a 52 week. High.

Then I want to know. Is there a chart break with clear support So now, once we jump over to that one year, one day chart you can see that I've got very prominent support in the seven 50 level.. Okay, I'm going to talk a lot about technical analysis.. Again the sake of this video we're talking about the worksheet and I'm going to speed through some of the stuff.

Understand, there's a lot of material on our YouTube talking about technical support and analysis.. Now I'm hoping you're a little versed in it and you can see that same level. I see in the seven fifties, even the high seven.. So now I can check that box where I've got a chart, break with clear support, and then I've also got that 52 week high..

So now I've got a catalyst, earnings plus hot sector policy, plus a cool IPO blockchain. Everyone's excited about. I add in a big breakout, which you can see the volume confirmation there. So when this stock broke out notice biggest highest volume candles back to back days when it broke out..

So I've got interest in it.. I've then got a support level to risk off of.. So say the $ 8 break. Comes it fails..

I now we've got a clearly defined area to stop off of.. So now I've just checked four out of four boxes and I've got some bonuses in that again hot sector IPO check. It. I mean almost.

I could probably next to catalyst late. Now I'll. Do this quite sometimes. I'll put like three Xs or three check marks to show me that ma I've got a lot going for this.

Okay.. Those are that's the first half of the sheet. Next, half we're going to break it down. The next criteria, I'm trying to keep these bite size every single week for you head over to stockstotrade.com/freetraining to get access to the worksheet and start breaking these down.

Experiment tweak use your data tracking to see where these stocks end up going. And then in the next episode, we're going to break down the second half of the worksheet to find this best day. Trade., All right have a great day. Everyone hope you're enjoying the videos.

Head to stocktotrade.com/freetraining or click the link below. And we'll see on the next video.