The One Thing That Changed Everything In Your Trading

Discussion in 'Trading' started by tradingjournals, Jul 30, 2010.

  1. Thanks ESD for the post.

    May I ask. Before becoming a multiday swing trader, did you try to become a "daytrader" as in exiting before the close and making money daily?
     
    #41     Aug 6, 2010
  2. Apologies for the late reply I don't log too often.

    To me it's all the same, just at different speeds.

    I think better when swing trading, much less chaotic, more room to let winners run as I'm not limited by time, forces you to be very patient which is a key component in good trading. Great opportunities, at least those that I consider great, do not happen very often, as I usually try to trade for "keeps". I don't like hits, I like home runs.

    I also find swing trading healthier, not so glued to the screen.

    Nevertheless, I still do my occasional daytrade particularly if it's a day where I'm expecting greater volatility.

    ESD
     
    #42     Aug 13, 2010