Swing Trade Stategies for Class

Hey all,

I am know a finance class and we have 11 weeks to trade securities/derivatives (any position) with $1m "play" dollars. If I am going to make any real money I think short term holds are the way to go.

I've never really traded and am looking for advice. So far I have some simplistic strategies: 1. Bet on positively forecasted earnings announcements and hope they hit. Worked for DRI, but not for CAG.

1. Keep my eyes on the headlines. Try to get a short position on VW but just missed it. Looks like UAW is pushing a new pact with automakers like ford which results I. Higher wages. Trying to time it right to short that stock to reap some money off the reaction.

Other than that I am not sure. I have been told look for good PE multiples.

Anyway any advice? This is play money so we are going to be pretty aggressive. I just need ideas on overall strategies bc I don't have the time to check headlines all day every day.

Thanks! S

Submitted September 23, 2015 at 01:36PM by swebsies http://ift.tt/1OuU6BD