Finally learnt to swing

[padutrader]

Is it harder turning a decent profit trading the ES after hours @padutrader @schizo ???

Padu has to trade after hours and via a Prop Firm. That's gotta make things harder?

no it is easier
volatility is so high in American markets that what overnight says becomes true: you can't swing trade with my balance

 

[Darc]

no it is easier
volatility is so high in American markets that what overnight says becomes true: you can't swing trade with my balance

Volatility is what you want!

 

[padutrader]

expecting [hoping!!] for a failed wedge to take me to my target View attachment 346517

well i,ll be damned!

becoming good at this

 

[padutrader]

Volatility is what you want!

but not too much for your balance
you can manage with less if you are swinging

 

[padutrader]

TARGET REACHED

FIRST TIME IN 20 YYEARS OF TRADING . PRFITR sorry i do not know how to spell profit but you may get the idea

 

[vanzandt]

i agree with you 1000% which is why i have always scalped.
i may not have enough in account but i have lot in my head after trying to scalp and failing miserably for 20 twenty years.
out on a wing and a prayer. God is with me

Babu... don't ever forget this... markets are the exact opposite of golf.

--->Real winners ignore the short game....

 

[padutrader]

Babu... don't ever forget this... markets are the exact opposite of golf.

--->Real winners ignore the short game....

damn right.

now i can do both but i do not like scalping....commissions kill you when the market does not.

i tried the short game for decades.

i suck in it in golf and trading.

only plus was i learnt about the market, so much that the market, can never ever shake me out of my swing position.

i only exited my position because of my prop firms' rules [idiotic].

i have nothing to do for rest of the day, apart from cursing my prop firm

 

[padutrader]

Babu

Babu?
what on earth?

are you Indian?

but your comment was very insightful

 

[Sekiyo]

 

[Handle123]

I hope it won't take you another 20 years to realize that 80% of all breakouts ultimately fail.

Concentrate only on the 20% then....

I don't do much swing trades cept 60 minute bars, which require change of trend and retrace breakout keeping risk below 10 points, otherwise pass on trade if risk is higher. Long term trading commodities add-ons can be considered entry of swing but entry on a Bollinger band and hedging with options. System does many trades a year, most automated, many slight profit trades, where system losses is stagnation after enter and exiting after 5 days, lose on both sides.