How does the AI-powered transaction entry work?

Simply speak or type naturally like "won 100 at stake betting" and our AI instantly parses your input to create a transaction. It recognizes transaction types (profit/loss/deposit/withdrawal), amounts, platforms, and categories. You can review and confirm before saving. Works with both voice input and text.

How does Manage Bankroll track my trades and bets?

Manage Bankroll uses manual entry with optional AI assistance. You can enter transactions manually, or use our AI-powered voice/text entry for faster logging. We never connect to your bank accounts or trading platforms automatically, giving you complete control over your data.

Is Manage Bankroll really free?

Yes, Manage Bankroll offers a free plan with core features including manual transaction tracking, profit/loss analysis, and basic reporting. Pro features are available for advanced users.

What types of trading and betting can I track?

You can track sports betting, poker, casino games, day trading, swing trading, crypto trading, forex, options, and more. Any form of trading or gambling with a bankroll can be tracked.

Is my financial data safe?

Yes, your data is completely safe. Since we use manual entry only and never connect to your bank accounts, your sensitive financial information never leaves your control. All data is encrypted and stored securely.

Can I track multiple accounts or platforms?

Yes, you can track unlimited platforms and accounts. Whether you use multiple sportsbooks, poker sites, or trading brokers, you can manage them all in one place.

Does Manage Bankroll help with gambling tax records?

Yes, Manage Bankroll tracks all your wins and losses with detailed records that can be exported for tax reporting. You can generate win/loss statements and maintain accurate gambling income records for IRS reporting.

Can I track live sessions in real-time?

Yes, our live session tracking feature lets you monitor your profit/loss in real-time during poker, casino, or trading sessions. Track your bankroll changes, session duration, and performance metrics as you play or trade.

How is this different from spreadsheet tracking?

Unlike spreadsheets, Manage Bankroll provides automated calculations, visual analytics, live session tracking, and dedicated tools for different betting and trading types. It is easier to use and provides insights that are difficult to achieve with manual spreadsheet tracking.

Swing Trading Strategies: Profit from Medium-Term Market Moves

Swing trading bridges the gap between day trading's intensity and long-term investing's patience. While day traders close positions within hours, swing traders hold positions for days or weeks to capture larger market moves. This comprehensive guide covers proven swing trading strategies for consistent profitability.

What is Swing Trading?

Swing trading aims to capture short-to-medium-term price swings within larger trends. Unlike day trading, positions are held overnight, and unlike position trading, holdings are relatively brief.

Timeframes

Position Holding: 2-15 trading days
Analysis Timeframes: Daily and weekly charts
Market Hours: Pre-market and after-hours analysis

Advantages

Less Time-Intensive: No need to monitor markets constantly
Lower Stress: Fewer trades, more analysis time
Gap Opportunities: Profit from overnight news and earnings
Better Risk/Reward: Larger targets with defined stops

Essential Swing Trading Tools

Technical Indicators

Moving Averages

20-period MA for short-term trends
50-period MA for medium-term direction
200-period MA for major trend identification

Relative Strength Index (RSI)

Oversold: Below 30 (potential buy signals)
Overbought: Above 70 (potential sell signals)
Divergences indicate potential reversals

MACD (Moving Average Convergence Divergence)

Signal line crossovers for entry/exit
Histogram for momentum confirmation
Divergences for trend changes

Chart Patterns

Cup and Handle Bullish continuation pattern signaling upside breakouts.

Double Bottom/Top Reversal patterns at support/resistance levels.

Flags and Pennants Continuation patterns in strong trends.

Head and Shoulders Major reversal patterns.

Swing Trading Strategies

Trend Continuation Strategy

Setup:

Identify strong trending market
Wait for pullback to support
Enter on bounce with momentum

Entry Criteria:

Price above 20-period MA
RSI above 40 (not oversold)
Volume confirmation on entry

Exit Strategy:

Profit target: Next resistance level
Stop loss: Below recent swing low

Mean Reversion Strategy

Setup:

Range-bound or sideways markets
Extreme price deviations from average

Entry Criteria:

RSI below 30 (buy) or above 70 (sell)
Bollinger Band squeezes
Volume spikes on reversals

Risk Management:

Tighter stops due to counter-trend nature
Smaller position sizes
Quick exits on failure

Breakout Strategy

Setup:

Price consolidates in tight range
Breakout with volume and momentum

Entry Criteria:

Break above resistance with volume
Retest of breakout level
Momentum indicators confirm

Position Management:

Scale in on retest
Trail stops above recent highs
Take partial profits at targets

Gap Trading Strategy

Setup:

Overnight price gaps due to news/earnings
Gap fills or continuation patterns

Types of Gaps:

Breakaway Gaps: Start new trends
Runaway Gaps: Continue existing trends
Exhaustion Gaps: Signal trend endings
Common Gaps: Usually filled quickly

Entry Criteria:

Gap up: Buy on pullback to gap midpoint
Gap down: Sell on bounce to gap midpoint
Volume and momentum confirmation

Risk Management in Swing Trading

Position Sizing

Risk 1-2% of account per trade
Adjust based on volatility and stop distance
Use Kelly Criterion for optimal sizing

Stop Loss Placement

Technical Stops: Below support levels
Percentage Stops: 5-10% below entry
Time Stops: Exit if trade doesn't move as expected

Profit Taking

Scale Out: Take partial profits at targets
Trailing Stops: Lock in profits as trade moves favorably
Time-Based Exits: Exit at predetermined holding periods

Swing Trading Psychology

Patience is Key

Wait for high-probability setups rather than forcing trades.

Overnight Holding

Accept gap risk and news events that occur after hours.

Emotional Control

Handle the stress of overnight position holding.

Discipline

Stick to your trading plan without deviation.

Market Analysis for Swing Trading

Sector Rotation

Identify sectors showing relative strength.

Intermarket Analysis

Understand relationships between stocks, bonds, commodities.

Economic Calendar

Monitor scheduled news events and earnings reports.

Tools and Platforms

Charting Software

TradingView (free and premium)
Thinkorswim (TD Ameritrade)
MetaStock or TC2000

Scanning Tools

Finviz screener for setup identification
StockFetcher for custom scans
TradingView scanners

Brokerage Platforms

Interactive Brokers
TradeStation
Webull (commission-free)

Common Swing Trading Mistakes

Holding Too Long

Turning swing trades into losing positions.

Entering Too Early

Jumping in before confirmation of trend change.

Ignoring Volume

Trading breakouts without volume confirmation.

Over-Trading

Taking too many setups instead of waiting for quality.

Performance Tracking

Trade Journal

Record entry/exit reasons, market conditions, emotions.

Performance Metrics

Win rate percentage
Average win/loss ratio
Maximum drawdown
Profit factor

Review Process

Weekly review of trades and strategy effectiveness.

Getting Started with Swing Trading

Education Phase

Study technical analysis fundamentals
Read "How to Swing Trade" by Joe Duarte
Paper trade for 3-6 months

Capital Requirements

Minimum: $5,000 for diversification
Recommended: $10,000+ for comfort
Professional: $25,000+ for serious swing trading

Time Commitment

1-2 hours daily for analysis and monitoring
Flexible schedule compared to day trading

Advanced Swing Trading Concepts

Options Integration

Use options to enhance swing trades with defined risk.

Futures Swing Trading

Apply swing principles to futures markets.

Pairs Trading

Long one stock, short correlated stock for reduced directional risk.

Swing trading offers an excellent balance between time commitment and profit potential. It's accessible to individual traders while allowing for sophisticated strategy development. Success requires patience, discipline, and continuous learning.

Start with simple strategies, maintain detailed records, and focus on risk management above all else. With consistent execution, swing trading can provide steady, growing returns over time. Track your swing trades with Manage Bankroll's trading journal to maintain discipline and analyze your performance patterns.