Ye if we break that there should be some strong support at 2798. I am short NQ so levels are a little different but ill be looking to cover and possibly flip long around 7310- 7260.. I dont think will get there today though. its pretty far down.
I also went from day trading to swing trading but I still find it just as stressful and it requires even more discipline because you need to sit on your hands and ride the positions and not get spooked out. Swings can last from several hours to several weeks and everything in between.
The way I see it, you paper trade for 2 years until you have a winning system. Then you have to learn to trade real money which might take another 2 years to get your head straight around the FOMO, Hesitation, fear / greed etc. Unless you have some psychological skills in gambling from poker or...
I think your mind and the method are one and the same thing. To develop your mind / method you need to trade and study the market. Trade small relative to your net worth not to go broke but you learn so much from live trades.
Question to the paper traders... are you working full time jobs trading paper on the side or are you just focused 100% on trading but not ready to risk real money?
I really dont understand How you can paper trade for more then a few days. Seems like such a waste of time. When you have a real...