Connect and get the inside scoop on Airline Companies

Welcome to Airline Pilot Forums - Connect and get the inside scoop on Airline Companies

If this is your first visit, be sure to check out the FAQ. Join our community today and start interacting with existing members. Registration is fast, simple and absolutely free.


User Tag List

Post Reply
 
Thread Tools Search this Thread
Old 02-20-2021, 05:10 AM   #1  
Gets Weekends Off
Thread Starter
 
4myfamily's Avatar
 
Joined APC: Mar 2015
Position: CA CRJ900
Posts: 262
Default Swing Trading the Market w/ Options & Shares?

Over the years I have been a buy and hold investors, but lately I have been flying with a few people that have been doing something called "Swing Trading" with stocks using shares and options.

What they shared with me was that they get in and out of trades in short time frame - 2 - 14 days. Definitely not day trading which I have no interest in what so ever.

I had never heard of this concept, but logically it makes sense to me especially when you look at a chart over several months.

If anyone has any insight or information I would appreciate learning more as I am on reserve and have time to learn the process.

Thanks!
4myfamily is offline  
Old 02-21-2021, 05:28 AM   #2  
Line Holder
 
FullFlaps's Avatar
 
Joined APC: May 2018
Posts: 42
Default

Amazon swing trading and there's a bunch of books.

Start with technical analysis. If you're truly bored get a CTA.

Swing trading is broken up into various strategies the most popular betting momentum or trend / reversion trades. Swing trading isn't really a low latency strategy but execution is important.
​​​
If you're using leverage choose you're brokers wisely and know the docs.

Starting out there are brokers that give you access to algos and allow you to back test strategies. At a certain level you don't want brokers knowing what you're doing. You'll have to use multiple brokers or get licensed and use multiple clearing firms.

To make real money at this you will need to spend money on technology. Servers, computers, screens, programmers, data feeds, etc.

Education in any market is not free. It will take discipline and years of wins / losses / losses / losses and frustration. Most of the market wizards today took years / decades with massive failures before they are where they are today.
FullFlaps is offline  
Old 02-21-2021, 07:44 PM   #3  
Line Holder
 
Pilsung's Avatar
 
Joined APC: Apr 2018
Posts: 62
Default

Try:
“Long-Term Secrets to Short-term Trading”
-Larry Williams
Great guy and one of the best out there (His 1987 Robbins Cup performance is legendary). Mostly a futures and options guy, but his analysis and logic can be applied to virtually any market- I’ve learned more from Larry Williams than all other traders combined...
Pilsung is offline  
Old 02-26-2021, 05:25 AM   #4  
Gets Weekends Off
Thread Starter
 
4myfamily's Avatar
 
Joined APC: Mar 2015
Position: CA CRJ900
Posts: 262
Default

Quote:
Originally Posted by FullFlaps View Post
Amazon swing trading and there's a bunch of books.

Start with technical analysis. If you're truly bored get a CTA.

Swing trading is broken up into various strategies the most popular betting momentum or trend / reversion trades. Swing trading isn't really a low latency strategy but execution is important.
​​​
If you're using leverage choose you're brokers wisely and know the docs.

Starting out there are brokers that give you access to algos and allow you to back test strategies. At a certain level you don't want brokers knowing what you're doing. You'll have to use multiple brokers or get licensed and use multiple clearing firms.

To make real money at this you will need to spend money on technology. Servers, computers, screens, programmers, data feeds, etc.

Education in any market is not free. It will take discipline and years of wins / losses / losses / losses and frustration. Most of the market wizards today took years / decades with massive failures before they are where they are today.
That sounds way more complicated than the other guy was talking about.
4myfamily is offline  
Old 02-28-2021, 04:32 PM   #5  
Gets Weekends Off
Thread Starter
 
4myfamily's Avatar
 
Joined APC: Mar 2015
Position: CA CRJ900
Posts: 262
Default

Quote:
Originally Posted by Pilsung View Post
Try:
“Long-Term Secrets to Short-term Trading”
-Larry Williams
Great guy and one of the best out there (His 1987 Robbins Cup performance is legendary). Mostly a futures and options guy, but his analysis and logic can be applied to virtually any market- I’ve learned more from Larry Williams than all other traders combined...
I have download the book and look forward to reading it. Thanks for the tip.
4myfamily is offline  
Old 02-28-2021, 06:10 PM   #6  
Line Holder
 
aiir's Avatar
 
Joined APC: Jan 2011
Posts: 85
Default

Quote:
Originally Posted by FullFlaps View Post
Amazon swing trading and there's a bunch of books.

Start with technical analysis. If you're truly bored get a CTA.

Swing trading is broken up into various strategies the most popular betting momentum or trend / reversion trades. Swing trading isn't really a low latency strategy but execution is important.
​​​
If you're using leverage choose you're brokers wisely and know the docs.

Starting out there are brokers that give you access to algos and allow you to back test strategies. At a certain level you don't want brokers knowing what you're doing. You'll have to use multiple brokers or get licensed and use multiple clearing firms.

To make real money at this you will need to spend money on technology. Servers, computers, screens, programmers, data feeds, etc.

Education in any market is not free. It will take discipline and years of wins / losses / losses / losses and frustration. Most of the market wizards today took years / decades with massive failures before they are where they are today.
I’m curious, what in your opinion are some good brokers on the retail side? I currently use Interactive Brokers (Pro) but they can be very strict with their margin requirements and subsequent margin calls.
aiir is offline  
Old 03-03-2021, 05:31 AM   #7  
Line Holder
 
FullFlaps's Avatar
 
Joined APC: May 2018
Posts: 42
Default

All brokers play the same games with margin calls etc retail or institutional side. Interactive brokers gives you a lot of tools vs the other brokers especially if you're tech savvy.

They seem to be the dealer of choice for budding quants / algo guys.

As with all brokers and clearing firms make sure you're going through your blotter looking for "discrepancies".
FullFlaps is offline  
Old 03-03-2021, 02:07 PM   #8  
Line Holder
 
aiir's Avatar
 
Joined APC: Jan 2011
Posts: 85
Default

Quote:
Originally Posted by FullFlaps View Post
All brokers play the same games with margin calls etc retail or institutional side. Interactive brokers gives you a lot of tools vs the other brokers especially if you're tech savvy.

They seem to be the dealer of choice for budding quants / algo guys.

As with all brokers and clearing firms make sure you're going through your blotter looking for "discrepancies".
...very true, and yeah, over time I have come to realize that with all brokers one must remember that it’s strictly business and they are neither friend nor foe, although, like all business nowadays, they all try to paint a different picture.
aiir is offline  
 
 
 

 
Post Reply
 



Thread Tools Search this Thread
Search this Thread:

Advanced Search


Related Topics
Thread Thread Starter Forum Replies Last Post
SKYW Stock Koolaidman Regional 187 11-28-2007 07:40 PM
UPS shares fall 14% Freighter Captain Cargo 29 05-22-2007 07:51 AM
SkyWest Chmn. sells shares Gordon C Regional 3 01-05-2007 07:37 PM
UAL shares soar on bullish reports RockBottom Major 3 01-03-2007 03:46 PM
Building the perfect ETF portfolio Sir James Money Talk 17 06-11-2006 08:38 PM


All times are GMT -8. The time now is 12:06 AM.