I recently read a book entitled "Swing Trading" by Jon Markman. If you don't know who Jon Markman is, he is an editor from MSN money. While reading his book, he provided a strategy to use in swing trading. I would like your thoughts on this system. It is a very brainless system. It is composed of using stock screener called 'stock scouter' from msn money site, and using specific criteria to screen for stocks. Basically, u export this list of 50 to excel, and determine the top 10 stocks. Then you buy this 10 stocks, keep for a month, and then sell. next month, you find the next list of top 10 stocks and do this again. I don't want to tell you the exact criteria to use, b/c you can buy the book for that, but i will tell you the results from this strategy: RETURNS '90: 16.17% '91: 46.1% '92: 66.29% '93: 76.87% '94: 47.41% '95: 71.18% '96: 56.40% '97: 71.45% '98: 46.16% '99: 58.47% '00: 35.38% '01: 1.24% Annualized mean return: ~46.5% Pretty good rate of return IMO. But I'm just a newbie. Should professional position and swing traders be able to consistantly hit 46% on a regular per year basis ? And is the time period he used not long enough and/or not a good sample based on the backdated years ?