This article assumes one is trading the up and down swings in the stock market. Swing traders are just one segment of a market population that includes those sitting in cash (and/or risk ‘off’ vehicles like Treasury Bonds), maintaining longer-term short positions, our always bullish friends, the “stocks for the long-term” contingent and of course, the indomitable Gold Bug “community”, focusing as ever on one asset class while a world full of other assets is in motion.
“Let’s go let’s go, he’s no batter, he’s no batter… (pitch comes to the plate) SWING BATTER!!!”
That was the exact line we were coached to use in little league. Picture it, eight kids out there on every pitch taunting the kid at bat with with a canned line in high pitched, pre-pubescent voices. Yeh, that was intimidating.