TREND is my enemy !! Because it contains nonsense toxic trend. Trend Continuation and Reversal are my true friends. Messy Jerky Spiky Crazy toxic erratic trends are my real enemies. ________________
"Success is 20% skills and 80% strategy. You might know how to read, but more importantly, what's your plan to read?" - Jim Rohn
%% Good points; but more like 95%, on live trading/investing. Most likely right [99%]on demo trading i dont do that- too fake.
For me the swing traders hold their trades for a few days or weeks. Unlike day traders, swing traders are exposed to increased risk if the market conditions change overnight or over the weekend. However, the longer time horizon allows swing traders to have larger profit targets than day traders. A successful Forex strategy for a swing trader would be based on technical levels combined with some fundamentals.