 Swing it. What's up, my name is Geeks Mr. V here. Welcome to another video, guys. So in today's video, I wanted to talk about swing trading, because this is a topic that I've actually covered here on the channel. And a lot of you guys keep asking the question and don't quite understand it. And I know that most of you are people that are new to trading, and you're trying to figure out some of these terms. So I want to just focus on swing trading today and really cover that, explain to you my strategy when I do swing trade. So before we get started, guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So if there's something that interests you, go ahead and hit that subscribe button and the notification bell, so you don't miss out on new content. Again, swing trading would involve you buying a security and holding it overnight, holding it for a week, holding it for a month, or even holding it for a couple of months. So you're not holding it long term. You're not giving it that three, five, 10 years, time horizon. So your swing trade time horizon is really, really short. So most people do either long-term investing, which is just buying a stock and holding it for until you retire, or you can do a swing trade, which is just to build income. So you can decide that every two weeks or every month I want to be able to generate some income and then you buy some stocks and flip them and make that money. Or you can day trade, which is buy and sell the same day. So intraday trading. So you buy, it goes up, you sell, and you make profit. So when you go into swing trading, there's a lot of things that I want you to be aware of before you even start. First is deciding what stocks you want to swing trade. How do you find the stocks that you want to swing trade? How do you know when to swing trade that particular stock? So I mean, I do a lot of research of different stocks and then so I know some stocks, I know a catalyst is coming up. Let's say if it's a pharmaceutical company, they are waiting for some approver and you can read the news and see that they'll get this green light that they'll probably get the approver. You can talk about, let's say it's a automobile company and they have maybe some new technology that they're gonna put into their automobiles or it could be just a tech company that is putting out a new feature on your platform that people are gonna like. Again, that's not the list, but just some of the things that you would consider some could be their earnings report. So I'll give you a good example like Pinterest. I love trading Pinterest earnings report because they always crush it and usually you would get at least between five to $10 spread when you trade their earnings report. So those are some of the things that can push you to do swing trading. So when you go into a swing trade, I want you to have a strategy. I don't want to just walk in there thinking that you're just gonna buy and sell. So I'll have a clear plan. And so by the plan, I want you to know exactly what your entry price is gonna be. So what price are you willing to pay for that particular security at that particular time? And then once you identify your price, I want you to set your target. I want you to know exactly when you feel comfortable taking profit. Let's say you buy a stock at $10, that's your entry price. You want to take profit at say $12. So that's a $2 spread. And then when do you want to get out of that trade if it's going south? You can say $9.50. So you're risking 50 cents to make $2. Okay, that sounds about good. But when you have that strategy, you go into that trade, you know for sure that if you go south, I'm out at $9.50 and you can take profit at $12. And in most cases, this is what kills a lot of people because the minute they go into a trade, they say they want to get out at $12, it gets to $12, and then they see, they see like there's still momentum and the stock keeps moving. They just stay in that trade. They don't use their strategy. So if you find yourself in that situation, what I want you to do is once you hit your price target, I want you to put a stop loss at that position. It doesn't matter. Secure that particular profit first before you start chasing anything. Just in case if the stock wedges do kind of like a fake squeeze and then come back, you can get out. But at least you've secured your $2 profit that you wanted in that particular trade. And the same thing, if you put your stop loss, I'd say $9.50, the minute that stock start pulling back and don't try to move your stop loss down, thinking that it's gonna bounce up, just let it, if it hits your stop loss, it hits your stop loss, you can get out. And again, with Weibo that I use, they have what we call a bracket order. So when you place a bracket order, if the stock start moving up and pass, let's say your price target, what you can do is you can move your stop loss and bring it up and secure that profit. So I don't know all the other platforms, but I know that stop loss or trailing stop loss is most platforms do have that. So you can definitely leverage that. Again, a trailing stop would be one where you can say, okay, after it hits your $2 price point, your target, now you can put a trailing stop there and say, okay, if it keeps moving up, the trail is at maybe 5% or 10% your last price. So again, if you say 5%, it goes up, it's that pulling back 5% of the last price, it will kick you out. So that's a strategy to help you really take away emotions out of your trading because most greedy savages that lose money is because you put your emotions in there. You go on a trade and you have a plan to make $2 a share and then you go in, you see it goes to $250 or $3, you get so excited and then you forget, you deviate away from your strategy. So you stick into your strategy, having that plan and not deviating from it is something that will help you down the road. If you really wanna succeed with string trading. And again, guys, picking the right stacks to string trade is something that you want to really consider because you want stacks that have a catalyst, they have a momentum coming. Something needs to happen to drive the price of that stack up. You're not just going in there thinking, oh, I just wanna buy this hope that goes up. Hope is okay, but it's not really a strategy. I don't want you hoping. At least I want you to have a reason why it should go up so that even if it doesn't go up but at least you had a clear reason why you were doing it. You didn't just go in blindly. So that's what I wanted to cover in this video. I hope this was kinda helpful to just give you guys a little bit of context when it comes to string trading. So again, guys, just a quick recap here. String trading is just buying and holding a security over a short period of time and selling it for some profit. And again, when you go into a string trade, you want to take into consideration the stack that you wanna trade, the price at which you wanna go in, the target price at which you wanna get out, and the stop loss price at which, if anything go against you, you wanna get out of that trade and leave to die another day. I don't want you to be a greedy savage. So let me know in the comment section if this does help. And if it does, then I'm gonna start making more videos. So I guess it kinda give you guys a little bit some of the strategies because when I post a video on different stocks, I would probably just passively mention that, oh, I'm string trading this one. And then I get questions in the comment section, like, well, what do you mean string trading? How do you know if you should string trade or you should hold long term? So that's why I'm actually doing some of these videos. So again, let me know in the comment section if this was useful. If you're new to the channel, we took about how to earn money, how to save money, how to invest and build wealth. So that's something that interests you. Go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. Also, if you are looking to get started with investing guys, WeBoasty has their promotion where if you sign up and deposit $100, you get free stocks, links are in the description. And as always, do your due diligence. Don't be a greedy savage. Stay motivated.