Identifying high growth stocks that are industry leaders is essential for swing trading successfully. More money is made on these trades than any chart scalps, shorts, daytrades etc. If you look at the most successful traders this idea is nearly always incorporated into their strategy.
Here is a great resource available on amazon.com for learning more about the importance of picking sectors and growth stocks How To Make Money in Stocks
Another very useful resource is a website for identifying what sectors are hot or bullish. Check out the link below for more information:
These charts show all the different sectors so you can pick stocks that are in a strong growing sector and not a laggard one. Last year was 3D printing stocks, we just had an Ebola stock trading frenzy (albeit it a short lived growth spurt) so who knows what 2015 will bring!
I hope this stock trading tip helps! I recently interviewed a very successful 24 yr old stock trader who has made made half a million dollars in his first 9 months of trading. He is offering very a good value coaching coaching service too. Check out the interview HERE
Checkout my mentor and trading millionaire HERE
or checkout my review of his paid subscription service HERE
Happy trading and I hope that you find some of these tips useful