to75ne wrote: ↑Sun Feb 21, 2021 1:08 pmonly if you dont cut out if the swing goes against you and you sit and hold hoping it will turn in your favour..stueytrader wrote: ↑Sun Feb 21, 2021 12:47 pmDepends on whether you focus on swing or scalp based approaches though. If you are aiming to find big swings in trading then the risk goes up.
Today's Horse Racing
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Yes, there are ways to 'reduce' the risk if you're a swing trader, but not so far as to say it's essentially 'low risk' I'd say personally. Swing trading is always fairly risky IMO.to75ne wrote: ↑Sun Feb 21, 2021 1:08 pmonly if you dont cut out if the swing goes against you and you sit and hold hoping it will turn.stueytrader wrote: ↑Sun Feb 21, 2021 12:47 pmDepends on whether you focus on swing or scalp based approaches though. If you are aiming to find big swings in trading then the risk goes up.
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If you essentially cut all trades that move against you (when trying to swing) you'd pretty soon delete any profits from the positive ones, so you have to hold enough of the time - that's why I find heavy swing trading a bit of a dark art, and very difficult long run.
In trading I prefer a more 'scalpy' view these days - which is ironic, as I come from a betting background, and still take positions that run at other times.
In trading I prefer a more 'scalpy' view these days - which is ironic, as I come from a betting background, and still take positions that run at other times.
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Disco des Gubbed 1.02
be some green faces in here today
be some green faces in here today
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Pick your battles correctly and its not that difficult to grab some big swings and get a couple of grand in and out safely enough but I cut fast if its not doing what I expect that's the art of screen time its the best form of learningstueytrader wrote: ↑Sun Feb 21, 2021 1:23 pmIf you essentially cut all trades that move against you (when trying to swing) you'd pretty soon delete any profits from the positive ones, so you have to hold enough of the time - that's why I find heavy swing trading a bit of a dark art, and very difficult long run.
In trading I prefer a more 'scalpy' view these days - which is ironic, as I come from a betting background, and still take positions that run at other times.
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Amen
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Holy smokes
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Was nice to trade a proper market
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Was one of many lays for me today and contributed to my best weekend / week so far ..........suprising in one way, but if you keep finding / tweaking a strategy you find somthing that works, well so far ... see how it goes .. ... but good so far. GLA
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I backed it pre raceMAGTRADEUK wrote: ↑Sun Feb 21, 2021 5:05 pmWas one of many lays for me today and contributed to my best weekend / week so far ..........suprising in one way, but if you keep finding / tweaking a strategy you find somthing that works, well so far ... see how it goes .. ... but good so far. GLA
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