He talks about a very simple swing trading strategy focused on all-time high breakouts:
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Scan for stocks at their 52-week or all-time highs using screeners.
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Enter positions after a true breakout in a strong sector and fundamentally sound stocks.
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Use a tight stop-loss at the breakout level (usually 1-2%), and trail your stop if the trade works.
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Book profits as the stock moves up and keep risk minimal with each trade.
He emphasizes that breaking ATHs often removes resistance, allowing fresher buying. Sector strength and fundamentals matter a lot- you have to wait for trends and momentum to form.
Do you guys use all time high breakout strategies or have any tips on swing trading strategies?
Link: Check it out Here!