Swing Trading Two Horses
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Swing Trading Two Horses – video by Jack Birkhead.
A cracking video from pro trader Jack Birkhead, as he demonstrates the art of swing trading.
In Jack’s own words:
I’ve just uploaded 1 of my trading video’s I recorded from a race on Friday 16th Oct. It was one of those markets that I saw quickly develop into a typical swing trade, and I managed to get on both moves on the top 2 favourites. I didn’t get on too big either, just in case they turned against me. If you get it wrong on one, then your fighting a hard battle to get out on both selections. You can see me hovering over at certain points ready to get out at any time, but patience and trusting my instincts I held my nerve and got out for maximum profit on both.
You will see how I’m viewing the market pretty much opposite to the way the market is looking like it’s going at first. Being contrary to the crowd is what I try and do as much as I can, this is where the real opportunites lie as if you are getting it right, you are making your big swings off the majority of everyone else reading it wrong. I felt the fav was trying to be held there down by some dodgy few 1k’s, and the second fav wasn’t going up in a hurry. I waited for some more signs and just felt confident I could see these both turning. When you see yourself in the green I know it’s hard waiting for a bigger return, as profit is profit at the end of the day. But in my opinion if a market is looking to go further it makes no sense to me not to wait.
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