Out of curiosity, how long do you folks hold your trades? I know that for some, it's tough to nail down a specific time frame... For example: My mechanical system ranges in hold time from 5 minutes to several days. You're contributions are always appreciated.
when i was younger, i'd try to hold out as long as i could. nowadays i find myself having to work to finish much quicker.
Daytrading, usually 1 to 5 hours. Swing trading, average of 1-2 days on a losing trade. Once the trade is winning, average is 5-6 days.
My holding time for winning trades averages 2'00 (losers bails out much quickly). In the last few months, my longest trade lasted 3'59. It took me some time before i find my beloved time frame.
08-21-02 12:16 PM Average holding time in winners 1min8sec Average holding time in losers 1month8days