Chapter 3
Focusing on the Small Stuff: The Administrative Tasks
IN THIS CHAPTER
Finding a broker and opening an account
Getting the scoop on those with the scoop — service providers
Tracking your trades with a trading journal
Staying positive to achieve positive results
Swing traders use brokers like any other market participant. What type of broker you choose depends on a number of factors. I break down those factors in this chapter, and I also give you details on how to open a brokerage account.
After you have your account up and running, you need to think about subscribing to certain services to help carry out your analysis. Some services are helpful for screening market opportunities. Other services chart securities and allow you to put price alerts so you receive an email when a certain threshold is reached. Still other services help you locate the cream of the crop by focusing on industry group rotation. I recommend some key services in the pages that follow.
I also cover trading journals in this chapter. To be a keen swing trader, I recommend that you keep a journal of your ...
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