Can I Double My Portfolio With Swing Trading?
Of course no return can ever be guaranteed, no matter what method of trading is being implemented. Returns vary from strategy to strategy and trader to trader. But when you start to compare various approaches, it’s clear that short-term trading strategies like say and swing trading have the potential to return more than your classic “buy-and-hold” approach.
Since 1928, the average return of the S&P 500 has hovered around 10% per year. If your diversified portfolio can successfully mirror the market, that’s the modest return that can be expected. Day and swing trading on the other hand seeks to find opportunities with the most momentum, typically riding both bullish and bearish waves for profit. It’s more of an active approach, which requires more daily and weekly portfolio management, but the results can be worth it. Jason Bond of Jason Bond Picks, for example, has achieved an annualized return of over 60% since inception of his service back in 2011. This year alone, he’s up over $190,000 (190%) in gains so far.