Finally learnt to swing

Discussion in 'Journals' started by padutrader, Aug 13, 2024.

  1. padutrader

    padutrader

    no it is easier
    volatility is so high in American markets that what overnight says becomes true: you can't swing trade with my balance
     
    #41     Aug 14, 2024
  2. Darc

    Darc

    Volatility is what you want!
     
    #42     Aug 14, 2024
  3. padutrader

    padutrader

    well i,ll be damned!

    becoming good at this net8.png
     
    #43     Aug 14, 2024
    Darc likes this.
  4. padutrader

    padutrader

    but not too much for your balance
    you can manage with less if you are swinging
     
    #44     Aug 14, 2024
  5. padutrader

    padutrader

    TARGET REACHED

    FIRST TIME IN 20 YYEARS OF TRADING . PRFITR sorry i do not know how to spell profit but you may get the idea net9.png
     
    #45     Aug 14, 2024
    Darc likes this.
  6. vanzandt

    vanzandt

    Babu... don't ever forget this... markets are the exact opposite of golf. :wtf:

    --->Real winners ignore the short game....
     
    #46     Aug 14, 2024
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  7. padutrader

    padutrader

    damn right.

    now i can do both but i do not like scalping....commissions kill you when the market does not.

    i tried the short game for decades.

    i suck in it in golf and trading.

    only plus was i learnt about the market, so much that the market, can never ever shake me out of my swing position.

    i only exited my position because of my prop firms' rules [idiotic].

    i have nothing to do for rest of the day, apart from cursing my prop firm
     
    #47     Aug 14, 2024
    vanzandt likes this.
  8. padutrader

    padutrader

    Babu?
    what on earth?

    are you Indian?

    but your comment was very insightful
     
    #48     Aug 14, 2024
  9. Sekiyo

    Sekiyo

    IMG_0685.jpeg
     
    #49     Aug 14, 2024
    padutrader likes this.
  10. Handle123

    Handle123

    Concentrate only on the 20% then.... :)

    I don't do much swing trades cept 60 minute bars, which require change of trend and retrace breakout keeping risk below 10 points, otherwise pass on trade if risk is higher. Long term trading commodities add-ons can be considered entry of swing but entry on a Bollinger band and hedging with options. System does many trades a year, most automated, many slight profit trades, where system losses is stagnation after enter and exiting after 5 days, lose on both sides.
     
    Last edited: Aug 14, 2024
    #50     Aug 14, 2024