My Move to Swing Trading

Discussion in 'Trading' started by John9999, Aug 17, 2018.

  1. treeman

    treeman

    That's why I forget about the trade after it's placed, and the stops are in place. Nothing to worry about if it's a done deal.
     
    #21     Aug 23, 2018
    Slartibartfast likes this.
  2. I agree, it would be nice to have a fire and forget more position-trader approach however I found I was making > 40% more money using a dynamic stop I devised. Once I knew this worked I found it difficult not to apply it to everything so old school stops became the past.

    What I often do is pass swing trades past a certain point to my trading assistant who's job is to close the trade as efficiently as possible.
     
    #22     Aug 23, 2018
  3. %%
    OMG, i had more fun daytrading; but much more profit in swing position trading/investing.I believe , knowing the way markets work, Don Bright Daytrading Co had some daytrading millionaires , but that does not help me LOL:D:cool:
     
    #23     Aug 24, 2018
  4. John9999

    John9999

    update... all three of my swing trades are doing great. ES up 60 points, YM up 600 points , NQ up 130 points. So SO much better than the crazy day trading. I have my stops in place.
     
    #24     Aug 29, 2018
    treeman likes this.