What will you build?
You will build one complete swing-trade plan. The plan will tell you what you are watching, what must happen before you enter, where the idea becomes wrong, and where you may take profit.
Think of it like a road map. Before a road trip, you choose a destination and decide which roads to take. A trade plan does the same job before money is at risk.
The swing-trade plan you will create
- Ticker
- One stock or ETF you understand
- Direction
- Bullish weekly or monthly structure with improving momentum
- Entry
- Wait for price to hold or reclaim a planned Eden level
- Invalidation
- The price level that proves the trade idea is wrong
- Target
- A quarterly price target that matches a longer holding period
- Risk
- A fixed amount you are willing to lose if the idea fails
How will you build it?
- 1Set up Eden.
Open the Quote, Key Levels, and Price Targets widgets.
- 2Find a ticker.
Choose one stock or ETF to study.
- 3Check the larger move.
Look for bullish weekly or monthly structure and improving momentum.
- 4Plan the entry.
Use P-Trans, N-Trans, and areas of interest to decide what price must do.
- 5Choose the destination.
Mark a quarterly price target that fits the swing trade.
- 6Define the risk.
Decide where the idea becomes wrong and calculate the position size.