Swing Trading

Discussion in 'Index Futures' started by John9999, Jul 27, 2018.

  1. wrbtrader

    wrbtrader

    I hope you feel (emotions) the same way at the end of the year or before tax time 2019 about swing trading.

    Please remind us again how you're doing by end of year or by tax time.

    Its normal to feel this way about swing trading or a day trade that you sat in the position the entire day for big profits...its like a high and you want to duplicate the feeling again after another successful trade.

    Good luck.

    wrbtrader
     
    #11     Jul 29, 2018
  2. John9999

    John9999

    we will see how I feel... today on Monday the hardest thing for me is to stand aside. My strategy calls for no trade , and it could be many days until I go into a trade.
     
    #12     Jul 30, 2018
  3. John9999

    John9999

    update: this is the hard part ..... have to stand aside until my setup triggers again.
     
    #13     Aug 1, 2018
    _eug_ likes this.
  4. John9999

    John9999

    OKay... got my entry... only out of play for less than a week.. long @ 7374
     
    #14     Aug 3, 2018
  5. Overnight

    Overnight


    Crazy, ain't it. Only thing you have to worry about are expirys now.
     
    #15     Aug 3, 2018
  6. John9999

    John9999

    @Overnight yup... so so so much less stressful. I still watch every day,,, but no longer care about all the little moves up and down. My decisions are based on daily chart and at closing price. Way better for me.
     
    #16     Aug 3, 2018
  7. Overnight

    Overnight

    How much you have in the account, and which instruments are you trading?
     
    #17     Aug 3, 2018
  8. John9999

    John9999

    I would rather not say my total.. but I am trading at $10,000 per contract. I am trading NQ only... stop is 20day Moving Average
     
    #18     Aug 3, 2018
  9. Overnight

    Overnight

    In my opine, true NQ swing trading would require more than 10K per contract, since the current maintenance margin is something like $6500 per contract. Give some leeway for time/flex on the price fluctuation swings....I'd say 30K per contract would be a better bet.
     
    #19     Aug 3, 2018
  10. John9999

    John9999

    you are probably correct... but I have a max Stop at 100 points... anyway we shall see. profit or loss,,, either way I am liking this way of trading much better
     
    #20     Aug 3, 2018