Long term investor but interested in learning short term trading

worldinvest

Newbie
1 1
Hi. I've invested long term on AIM and Nasdaq. Particular interest in AIM tech stocks. Often I hold for months or years.

On AIM I find it difficult to understand at what point I should exit. For example one AIM stock I hold is up 10%, 20% one month but then back down again the month after. This stock is speculative but they have a lot of big deals with larger companies so until they make it big the waters are very choppy. So close to a buy out but sometimes I wonder if I should of sold part of my portfolio on the last peaks. Exit is the hardest part of the game. Of course a buy out would make this easy for me..

I wan't to learn more about trading in particular day trading / swing trading and to understand how to read charts and decide how to enter and exit trades. Currently I buy stocks based on future speculation in terms of companies I believe in (tech stocks that will flourish in the future).

Hope I can learn more from this forum. If anyone has any recommendations of books, courses or youtube videos to watch to start learning how to read charts this would be highly beneficial. There is so much information and I'm unsure where I should start.
 
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timsk

Legendary member
7,304 2,091
. . . Hope I can learn more from this forum. If anyone has any recommendations of books, courses or youtube videos to watch to start learning how to read charts this would be highly beneficial. There is so much information and I'm unsure where I should start.
Hi worldinvest,
Welcome to T2W.

To use an athletics analogy, at the moment you're Mo Farah and you're wanting to become Usain Bolt. If, relatively speaking, you're good at being Mo Farah, I'd recommend you stick with it, for the same reasons as the long distance legend wouldn't attempt (or probably be able, even) to switch to sprinting and compete against the 100 metre ace. However, assuming you ignore me (most people do - with good reason no doubt), and plough ahead anyway, you could do worse than to check out the links in my signature.
Tim.
 

marcela 2020

Member
70 2
Perhaps this will help you, you must overcome execution errors and enter a non-execution phase, where you still lack confidence, discipline in monitoring and feedback from daily management. With the support of tutorials, practical workshops, you must be an abil trader, apply the theory and procedures of the trading method, in such a way that you manage to maintain good performance on a daily basis.
 
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