I hate this situation
- Thread starter farmerjohn1324
- Start date
what do you know...another copper stonk that is on my watchlist is also up...check out fcx!
What types of things does your watchlist consider? And how often does it change?
here is another one...check out vale....not sure if vale has anything to do about copper?
I think you are doing swing trading.
for the past few days, there are lots of futures
(index futures, copper, crude oil .....) which moved
up and down and up and down and up and down very massively within a day.
day traders will be very happy to trade such a market.
swing traders have to review how they are going to profit
massively from such a market.
for the past few days, there are lots of futures
(index futures, copper, crude oil .....) which moved
up and down and up and down and up and down very massively within a day.
day traders will be very happy to trade such a market.
swing traders have to review how they are going to profit
massively from such a market.
i traded fcx long time ago and made money because it came up in my scanning. scanning for opportunities is something i do daily. different type of stonks pops up based on my scanning criteria. then i have to drill down to pick the best of the best. mid-cap to big cap companies...etc. etc. i removed fcx from my watchlist once it started to downtrend long time ago. but recently when i do my daily scan, it pops up again and i remember trading it long time ago. so they got added back to my watch list.
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Yes I am attempting to swing trade (or "position trade"), but I'm finding the leverage makes it hard to do anything but day trade.
I'm using IG Forex and Charles Schwab Futures.
Winning trades are not hard to make. Consistently doing so is.
With proper safeguards, I should make a profit even if I'm only right 51% of the time.
Nobody's right 51%+ of the time consistently.
Traders are Always wrong the majority of the time. What matters is net profit. Stop losses total less than wins.
I made net profits $600+ today; modest. I likely had 60% losing trades, 40% or less, wins.
All that matters is net profit